Chairman PHDCCI Rahul Sahai meets LG Sinha, discusses issues

Chairman PHDCCI, Jammu Chapter, Rahul Sahai hands over a memorandum to LG Manoj Sinha.
Chairman PHDCCI, Jammu Chapter, Rahul Sahai hands over a memorandum to LG Manoj Sinha.

Excelsior Correspondent

JAMMU, Aug 11: Chairman PHD Chamber of Commerce & Industry (PHDCCI), Jammu Chapter, Rahul Sahai has met J&K Lieutenant Governor, Manoj Sinha and held discussions for the overall development of economy in the Union Territory.
Sahai also submitted a comprehensive memorandum to the LG in this regard.
He said that the recent policies introduced by the administration like the policy on ‘Gair Mumkin Khads’ and reopening of ‘NCSS Portal’ have been positively received by the people of Jammu.
Chairman of PHDCCI Jammu also said that successful implementation of Rs. 28,400 crore NCSS package registrations has created a significant investment buzz in J&K and highlighted the need for early announcement of extension of the registration deadline for NCSS package along with an enhanced budget of Rs. 75,000 crore to Rs. 1 lakh crore.
He recommended 30 per cent reservation for local domiciles in land allotment and the establishment of ancillary units, which would greatly benefit local industrialists.
Sahai also suggested connecting the industrial revolution in Jammu with job creation for locals by establishing a separate department within the Industry Department.
“This department would be responsible for linking upcoming industries with skill development institutes, ensuring that local youth are trained and employed within the region thereby addressing the problem of outward migration and drug addiction among the youth,” he maintained demanding the renewal of pending expired lease deeds for prominent markets, such as Fruit Mandi and Sabzi Mandi and the introduction of a policy for freehold rights in various markets, residential and industrial areas.
He also raised concerns about the discontent among local domiciles as most incentives under NCSS 2021 package have been availed by outside business houses leaving local industrialists with limited opportunities. The Chamber recommended reserving at least 30 per cent of land in key industrial zones for local entrepreneurs and ensuring that existing land allotments are fulfilled promptly.