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Govt failed to boost industrial growth of J&K: Sadhotra

 NC will make J&K a industrial hub, if voted to power: Rattan Lal Gupta

JAMMU June 10th: Ajay Kumar Sadhotra Additional General Secretary and former minister of J&K National Conference today criticized the present dispensation for its failure to propel J&K’s industrial sector into a trajectory of sustained growth. Interacting with the newly nominated of office bearers of the Party’s Traders and Industries JKNC Wing at Sher-e-Kashmir Bhawan Jammu, Rattan Lal Gupta Provincial President Jammu Province raised serious concern over the stagnant industrial landscape in the Union Territory, highlighting the lack of effective policies and initiatives to stimulate economic development with the aim to making J&K an industrial hub.

Ajay Sadhotra Additional General Secretary and former minister asserted that except for rhetoric the government has nothing for the people of J&K as a record of setting up new industries in the last nearly ten years remained dismal whereas the party in power has changed the scenario of industries in the states ruled by it like Gujarat, Uttar Pradesh, Uttarakhand, etc. He said as far as the dispensation here is concerned, it has expertise in only signing the MoUs worth crores of rupees 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 the ground.

Rattan Lal Gupta Provincial President Jammu Province threw light on the problems being faced by the traders of the Jammu region. He sought reimbursement of 5% as Financial Support to the Industrial Sector on the Sale Value of Goods sold within of Union Territory of J&K to exiting Industry, reimbursement of 100% Road Freight to the Industrial Sector on Raw Materials/Finished Goods within the UT/from outside the State by road, Issue of notification in respect of duty drawback incentive under export obligation with retrospective effect, Existing State/Central Package of Incentives should be continued for the Existing Industry enabling the existing Industrial sector to compete with stiff completion from outside UT due to abolish of Toll Tax across the UT as early as possible in time bound manner, refund of GST, unfortunately, the government has not taken adequate measures to support and enhance the industrial sector in J&K, resulting in today the industrial sestor of both Jammu and Kashmir regions are on verge of closure,” he added

 Mr. Gupta assured that comprehensive reforms to revive the industrial sector by resolving the aforementioned issues on a priority basis and to implement strategies that foster investment, innovation, and infrastructure development if the National Conference voted into power in the forthcoming Assembly election. He emphasized the necessity of a proactive approach to attract both domestic and international investors to boost the industrial sector of Jammu and Kashmir.It will strengthen the industrial sector and create new industrial estates across the region with the aim of making J&K an industrial hub.

Later, with the approval of Mr Rattan Lal Gupta Provincial President Jammu Province. Mr. Vikram Puri Chairman of the Party’s Traders and Industries JKNC Wing appointed new members, which include: Rajesh Chadha Sr. Vice President, Ashish Sharma Vice President, Aman Chemma Secretary, Karan Mahajan Joint Secretary and Pooja Puri Media Secretary.

Those who were present on this occasion:- Sheikh Bashir Ahmed Provincial Secretary Jammu, Bimla Luthra State Vice President Women Wing and former MLA, Abdul Gani Teli Chairman OBC Cell, Vijay Lochan Chairman SC Cell, Vijay Laxmi Datta Sr. leader of women wing, Rakesh Singh Raka Vice President Central Zone, Dilshad Malik Vice President Central Zone, S. Tejinder Singh District President Jammu Urban YNC and others.