JKCC boycotts pre-budget meet with FM

Excelsior Correspondent

Srinagar, Dec 22: Jammu and Kashmir Coordination Committee (JKCC), an amalgam of trade, commerce, industry, tourism bodies, has resolved to boycott the annual pre-budget meeting with the officials of Finance Department headed by the Finance Minister.
A resolution to this effect was adopted by the JKCC in a meeting held today to deliberate upon the letters of invitation received by various constituent organizations for attending the meeting scheduled for December 23 onwards.
All the constituent organizations of JKCC have decided to abstain from participating in these meetings which have been rendered to mere rituals and have done more damage to the economy than any good.
JKCC blames the present Finance Minister for all the mess in the economy of J&K which is at the verge of near collapse. Expecting any positives from the person, responsible for surrendering the fiscal autonomy of J&K through GST regime besides bringing harsh acts like SARFAESI etc, would be utter foolishness on the part of trading fraternity.
However, JKCC is not with a closed mind and is not averse to meeting and explaining to the Chief Minister of the mess and damage inflicted upon the economy by lopsided, unwise and deceitful decisions and policies.