Srinagar December 26:(KNS) Advisor to Lieutenant Governor, Baseer Ahmad Khan along with FCIK Team headed by President Shahid Kamli visited Industrial Estate Lasipora to assess the functioning of various business units there besides taking stock of their issues and concerns. Interacting with the unit holders at IGC, Advisor Khan urged upon them to make the Industrial Growth Centre synonymous with development and growth.
In the statement Ovees Qadir Jamie FCIK Secretary General said the advisor has been apprised about the various developmental works of Estate & Up gradations of the Estate. The Advisor visited the Cold Stores & has showed satisfaction with these units.
FCIK raised certain issues with regard framing New Industrial Policy & taking stake holders along while framing the Industrial policy. The 2016-26 Industrial policy is in vogue but the Marketing cover provided to industrial sector have been withdrawn. FCIK demands purchase from local industrial sector rather than getting supplies from outside J&K. FCIK put forth various demands which includes the new Industrial Policy shall be made favorable to unit holders and he informed that the existing Industrial Policy & related orders shall be kept in force not in abeyance, particularly related to Marketing issue as the finance department had issued the order. The Local Industry shall be given the price preference by the government and government should purchase from local Industry rather than GeM portal orders. As recently there has been orders worth crores which has been taken over by outsiders.
The pending payments in the departments is making the unit holders account NPA. The Payment shall be released immediately as the government department outstanding to the SSI sector is to the tune of 350 crores.
Jamie said, Securiisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act (SARFAESI) is in gross contrast and contradiction to its own commitments with the stressful/NPA turned enterprises has simply endorsed a direction from Union Finance Ministry as any other normal state/UT. FCIK has demanded that the order realtedrealted. (KNS)