*Cong says no relief to JK people
Excelsior Correspondent
JAMMU, Feb 6: Federation of Industries Jammu (FoIJ) and Travel Agents Association Jammu (TAAJ) have strongly reacted to the J&K Budget provisions and said that they are feeling most disappointed.
Federation of Industries, Jammu in an urgent meeting held today under the Chairmanship of TS Reen in presence of Lalit Mahajan, Jatinder Aul and Deepak Dhawan Co-Chairmen, FOIJ, Viraaj Malhotra secretary general, Pardeep Vaid convenor and other members discussed the allocation of funds for existing Industry under Industrial Policy 2021-30.
During discussion members raised serious concern towards the allocation of only Rs 40 crores as published in today’s newspapers as Incentives under Industrial Policy 2021-30 for the existing as well as new Industrial units in the Interim Budget for 2024-25 presented by Nirmala Sitharaman, Union Minister of Finance yesterday.
They pointed out that in the Industrial Policy 2021-30, a provision of Rs 50 crores per annum as Turnover Incentive has been allocated for existing working units as on 31-3-2021 and the other Incentives of DG Set subsidy for existing as well as new units being set up under the NCSS-2021 Scheme against which only 40 crores provision has been made as per the Budget highlights published which we termed a step towards the closure of existing units in near future.
It is worthwhile to mention here that JKUT administration has betrayed with the existing units with the withholding of requisite funds for Turnover Incentives claims amounting to Rs 207 crores for the Financial Year 2021-22 already pending with the Industries and Commerce Department for which repeated requests and reminders has been given to JKUT Administration for the enhancement of Budgetary allocation but the allocated funds of Rs 50 crores under the last year Budget allocation not yet released in favour of Industrial units resulting great resentments amongst the Unit holders.
Travels Agents Association of Jammu (TAAJ) in its meeting chaired by its president Capt Anil Gour, expressed its strong disappointment with the lack of budgetary support to the Heritage Project of Mubarak Mandi, Jammu; in the recent announcement of J&K Budget by Union Finance Minister.
Capt Gour brought to the notice of the members that the project of restoration of the Heritage Mubarak Mandi’ has been moving at a snail’s pace due to lack of funds and now even the contractors engaged for the restoration work have expressed their inability to carry on the work due to non- receipt of their dues. The master plan and project report of Mubarak Mandi finalized in 2018; envisaged a total expense of approx Rs 523.28 lakhs with the total restoration for reuse of the Heritage complex to be completed in 5 years i.e. 2023-24. However, due to complete lack of financial support from the State & Union Govt this prestigious Heritage project is nowhere near completion. It’s a total joke on the citizens of Jammu that on one hand Rs 100 corers has been earmarked for Heritage Conservation but the restoration of the biggest Heritage Complex of the Dogra’s is being delayed and held up for lack of funds.
Other members present in the meeting include- Sunil Koul – vice president, Rajinder Sharma- gen. secretary, Pankaj Vaid- treasurer, Narinder Gupta and Ajit Singh – executive Members besides others.
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