Excelsior Correspondent
JAMMU, Dec 18: In a pivotal meeting held at Udyog Bhawan, Jammu, representatives (reps) from diverse industry associations gathered to discuss pressing issues.
Chaired by Chief Secretary, Atal Dulloo, key attendees included Commissioner Secretary Industries and Commerce, Vikramjit Singh, and Divisional Commissioner Jammu, Ramesh Kumar.
Advocating for local industries, Ishant Gupta, Vice-President of Laghu Udyog Bharati J&K Unit, stressed the importance of a purchase preference policy, proposing that a significant portion of Government procurement be directed to local industrial units.
Gupta highlighted issues like delayed payments and called for ownership rights for existing industries.
He also urged streamlining the GST reimbursement process for industrialists to receive a full refund for the SGST component.
Treasurer, Laghu Udyog Bharati, Pranav Gupta, called for policy amendments, including authorizing CLU of other Kisms of lands and extending the policy deadline beyond September 30, 2024.
He appealed for waiving stamp duty for the purchase of land in private industrial parks and emphasized the need to increase the budget for the turnover incentive, currently pending at Rs 150 crores.Vice-President Mukul Gupta also contributed to the discourse.
Chief Secretary Atal Dulloo assured the delegations that their suggestions would be earnestly considered to stimulate J&K’s industry, fostering economic growth and job opportunities for the youth.
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