Govt failed to propel J&K’s industrial landscape into trajectory of sustained growth: Rattan Lal Gupta

JAMMU Dec, 08th : Rattan Lal Gupta, Provincial President J&K National Conference on Friday said that government’s efforts to catalyze transformative changes in the industrial sector of Jammu and Kashmir since 2014 have remained notably insufficient as could be gauged from the health of this sector which is lying on Ventilators bed with no sincere efforts visible on ground by those helming the affairs of the region.

In a statement issued to media fraternity, the senior NC leader maintained that despite the prevailing narrative of progress and development spread by the people in power, a discerning examination reveals a conspicuous lack of the requisite policy initiatives and substantive actions needed to propel the region’s industrial landscape into a trajectory of sustained growth.

He asserted that except rhetoric the government has nothing for the people of J&K as record of setting up new industry in the last nearly ten years remained dismal and no progress is done towards this sector. He said as far as the dispensation here is concerned, it has expertise in only signing the MoUs and making colossal promises but on ground the situation is dwindling with industry either running on crutches or ventilators as no one from the ruling side seems to be serious about bringing a meaningful change on ground.

“The incentives and GST handling are also pathetic because the stakeholders are craving for refunds but no one is there to listen to their plight. The industrial ecosystem demands a nuanced and strategic approach, which is missing here to address the unique challenges faced by the industries in Jammu region. Inadequate connectivity, power shortages, and suboptimal logistical support continue to hinder the functioning of businesses”, he maintained adding that bureaucratic red tape and regulatory complexities have persisted as formidable obstacles further deteriorating the situation.

The Provincial President said that NC being the party of aboriginals from J&K can bring the desired change and build up an industrial ecosystem that can change today’s lamentable scenario into a vibrant one with industry not only flourishing but also tackling unemployment efficiently, boosting the local economy and bringing prosperity and good fortune for whosoever gets associated with this sector having seamless scope. He said that no other party knows J&K like the NC and therefore only this party could realize the desired development of the region as it did during it tenure by developing Industrial estates in Gangyal, Bari Brahmana, Samba industrial growth centres, Kathua, Batal Balian Udhampur, Rajouri and Akhnoor in this region.

Rattan Lal Gupta
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