FCIK welcomes Ease of Doing Business process in J&K

Expect more business friendly initiatives for existing industry: Shahid Kamili

Expect more business friendly initiatives for existing industry: Shahid Kamili

Srinagar, Feb 15 : Federation Chamber of Industries Kashmir (FCIK) has welcomed the simplified business establishment process approved by the LG's administration on Saturday aimed to pave way for ease of doing business in Jammu and Kashmir.

The Administrative Council of FCIK  held a meeting under the chairmanship of President Shahid Kamili in which members acknowledged the structural changes in the process of registeration may definitely help in laying a new foundation for  creating long desired entrepreneurial-conducive atmosphere alongwith other required measures. 
The members appreciated the decision of of LG Sinha to form separate committees for organised and unorganised sectors to be constituted for grant of requisite approvals and NOCs post unit establishment. 

" The creation of common facilities in an organised industrial estate like effluent treatment plants, eater storage, sewage, drainage, power distribution systems will definitely make it easy for the committee to grant NOCs and approvals in a short span of time", observed the members. 
"At the same time it also needs to be ensured that units established in unorganised sector are subjected to minimal formalities to avoid any kind of harrasment on one or the other pretext", the members added.

While deliberating on Udyog Aadhar Memorandum, the members observed a number of difficulties with the prescribed form which apparantly looked unfavourable for the local units and asked for some changes or clarifications from LG's administration. 

President FCIK Shahid Kamili,while appreciating the valuable suggestions of members and assured them to take up all the  issues concerning unit holders with the LG administration. 
President Kamili said that only easing out the process of registeration might not be able to reverse the perilous state of economy in Jammu and Kashmir unless slew of other measures supplemented the step of ease of doing business. 
"All those required measures including marketing support, capital infusion, liquidity crunch, rehabilitation of sick industry, OTS  schemes etc have already been taken up by  FCIK with LG and other authorities in his administration during recent meetings," he informed the administrative council and hoped that decisions to that effect are taken at the earliest. 
He again reiterated  the demand the incentives in new industrial scheme were equally made applicable to the existing units who happen to be the front sufferers in the turbulent conditions during past three decades. 
While refering to the marketing provision in Udyam declaration form, Kamili said that entrepreneurs have been given a choice to market or not to market their goods through GeM portal. 
"In case the entrepreneurs undertake to market goods through GeM, it would be near impossible for them to compete with their rivals operating from the most developed states and their denial to the provision may lead them to marketing uncertainties. It would therefore be necessary for the LG's government to first sort out marketing issue as per the aspirations of local entrepreneurs and seek amendments in the Udyam declaration accordingly," he said.

"Some other clarifications were essentially required before filling the self declaration form which, if filled incorrectly, may lead to trouble for enterprises", Kamili added.

He requested the LG Manoj Sinha and Advisor to LG Baseer Ahmed Khan for issuing instructions to I&C department, Ministry of MSME, Finance etc for conducting joint awareness programmes across the valley starting with the Executive Council of FCIK.

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