PHDCCI Kashmir delegation calls on Ranjan Prakash Thakur (IRTS) Principal Secretary Industries & Commerce

Srinagar March 20:(KNS)    Union Territory of J&K,  Mr Harun Ahmad Managing Director SIDCO, Director Industries Kashmir Mr Nazim Khan, Director Handicrafts and Handloom Mr Mehmood Ahmad Shah. The PHDCCI delegation was headed by Mr Baldev Singh Raina Chairman PHDCCI Kashmir , Mr Mushtaq Ahmad Chaya, Mentor PHDCCI Kashmir, and the members present were Mr Bilal Ahmad Kawoosa, Mr Himayu Wani, Mr Shahejehan, Mr Pervaiz Qalander, Mr Musadiq Shah, Mr Tariq Ghani, Mr Naseer Ahmad Khan. The delegation put various Suggestions for self-sustained development of MSME Sector including The Industrial Policy of UT of J&K,  for nurturing of existing Industrial Sector and for availing the Industrial benefits under the  New Industrial package the RBI norms for NPA, Restructuring, CIBIL Score and Credit Rating are needed to be relaxed keeping in view the economic breakdown business disruption since 2014 in Kashmir Valley due to flood and complete lock down from August 2019 due  to Reorganization of J&K which was followed by Covid 19 lockdown.

The other components available under the Industrial Development Scheme (IDS) on the  pattern of North East Package are to be continued along-with the announced Scheme, The entire Kashmir Valley should have been kept in Zone B and the capital investment  subsidy 50% on plant & machinery along with civil structure for both manufacturing as well  as Service Sector needs to be provided with the maximum capping of 7.50 Cr only. The Ministry of Food Processing Industry is already providing the same in J&K,  Production linked incentives as announced by GOI needs to be extended in J&K in  addition to New Industrial Development Scheme,  One time extension for project implementation for Industrial units by 2 years who could not  establish their units due to complete lockdown since August 2019 because of  Reorganization of J&K followed by Covid 19, For the Revival and Rehabilitation of Sick MSME's/ Units the Interest free loan up to 200.00  lakhs to be provided under CGTMSE Scheme with one time and annual fee charges paid  by I/C Dept,Soft loan for revival and rehabilitation of Sick Units to be kept exclusively at the disposal of  JK bank instead of 70% with J&K bank and 30% with J&K SIDCO, The on-grid solar power policy needs to be implemented and eased out in J&K for the  installation of solar power projects by Industrial Units. Thereby the excess power generated by the solar power system of consumers will be fed back to the utility grid and entrepreneurs get compensated for the extra power fed back, The PCB has become more of a posting to make money and unfair practices for providing pollution Clearances and the clearances are delayed to the extent that people are losing interest in the projects, although the fee is charged from the date of application. The Pollution Control Board should issue Consent to establish certificate immediately after the  online submission of details of the project and the Consent to operate may be issued within  fixed timeline, Holding of SLC Meeting for grant of Forest Clearances of Industrial activities is scheduled on  25th March; it was earlier cancelled twice and needs to be convened to clear pending case for forest clearances, Change of title of licence should be allowed within the same circle as was allowed earlier, from last one year it has been stopped.

The freight Subsidy under operation green is on fresh fruits, we suggest that the processed fruits may also be included in freight Subsidy, The Raw material Depot of SICOP needs to be activated for sourcing of all industries. The SICOP was created for marketing and raw material storage of Industry, but presently the SICOP is doing marketing of steel industry only and has turned into a construction company. We therefore suggest that the SICOP should hold all raw materials of different industry established like food processing and polymer, textile etc. and function fully as per the mandate of the organization. Change of Constitution or Change in Line of Activity should be made hassle free in Manufacturing sector with least compliances, in Service Sector it was said that we are thankful that the Tourism, hospitality, Education and Skill Development Industry has been included under New Central Scheme. We therefore request that all benefits like that of manufacturing Sector shall be made eligible for Tourism sector like that of property tax concessions, power & water tariffs, GST reimbursement as per industrial norms/ tariffs, There is need for hassle free land allotments for Health Care Services,  In Warehousing and Education Sector the Change of Constitution or Change in Line of Activity from Manufacturing to Service sector should be made hassle free with least compliances. In this regard the Business revival Committee has recommended for Waiver of additional premium charges for renewal and change we functional, Revival and Promotion of Silk Industry, Revival & Promotion of Carpet Industry, export promotion policy, ease of doing Business.(KNS)

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