Excelsior Correspondent
JAMMU, Aug 28: “While implementing the new industrial policy in letter and spirit, the Government of Jammu & Kashmir is committed to build a robust system which is transparent and provides equal opportunity for all the stakeholders,” said Ranjan Prakash Thakur, IRTS, Principal Secretary to the Government, Industries & Commerce Department of J&K during the 8th Ram Sahai Memorial Lecture on “Industrial Policy of J&K”, organized by Indian Institute of Public Administration, J&K Regional Branch.
Explaining the contours of the policy, he said that through appropriate interventions J&K aims to become among the top five industrial regions in the country. “In this direction, efforts are been made in a time bound manner to leverage technology by making the entire process online with a single window clearance approach,” he added and informed that by the end of September 2021, the entire system shall be in place and the Government expects over Rs 50000 crores of investment commitment by corporate houses by March 2022.
Saswat Pattnaik, Manager, Government & Public Sector, Nangia Anderson LLP, New Delhi, in his key note address, said that the corporate should leverage the policy and bring in investments in Jammu & Kashmir to avail the benefits.
Sanjay Aggrawal, President, PHD Chamber of Commerce and Industry, New Delhi, said that the effective implementation of the policy will be the key differentiating factor as compared to the past.
Dr Ashok Bhan, Patron of the IIPA J&K Regional Branch, in his address, stressed that the industry should avoid disuse of industrial incentives and put in sincere efforts to set up units enabling employment generation for socio-economic growth of the region. He suggested that in the memory of Ram Sahai, a research fellowship in collaboration with regional universities should be instituted for encouraging industry – oriented research.
B R Sharma, Chairman, PSC and Chairman, IIPA, JKRB, in his presidential address, expressed optimism that the new industry policy will be the game changer and help the stakeholders of the UT of Jammu & Kashmir to exploit new global opportunities in entrepreneurship & employment.
Earlier, Vikrant Kuthiala, Hony Treasurer IIPA JKRB, paid rich tributes to Ram Sahai and recollected his immense contribution to the growth of IIPA in J&K and the region in totality. K B Jandial, Director Seminars, IIPA J&K Regional Branch moderated the programme. Rahul Sahai, Chairman Sahai Group Of Companies, Past Chairman of CII, Chairman of PHD Chamber of Commerce & Industry (Jammu) and Chairman of Transport Nagar Association presented the formal vote of thanks.
“I thank all the luminaries present here for having given us an accurate insight into the Industrial Policy of UT. Since this is a forum, where all the present intelligentsia has laid bared it’s view, the problems accruing in the said policy can be tackled appropriately. Besides this platform has also enabled us to propell towards a better, well managed industrial issues. I once again thank all the speakers for gracing the occasion on Ram Sahai’s ji 8th Memorial lecture”, said Rahul Sahai.
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