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J&K industrial sector is in worst shape due to anti-industrial policy of BJP: Rattan Lal Gupta

Says only NC can bring industrial revolution and build up industrial ecosystem in J&K



JAMMU,09-05-2024: Rattan Lal Gupta, Provincial President, J&K National Conference said that the government’s efforts to catalyze transformative changes in the industrial sector of Jammu and Kashmir since 2014 have remained notably insufficient and total failure as could be gauged from the health of this sector which is in the worst shape with no sincere efforts visible on the ground by those helming the affairs of the region.

In a statement issued to media here today, the senior NC leader questioned the BJP Govt at the Centre on its tall claims of industrialization, asking it to spell out the number of medium, small, and large-scale industries were established in Jammu Province and how much employment has been provided to industrial workers as per the commitment made by Shri Amit Shah Honble Home Minister of India on the floor of the Parliament on August 5, 2019. He said that the reality is that BJP’s anti-industrial policy and the burden of GST has led to the closure of multiple industrial units and a substantial number of industries on the verge of closure today. Not only this, even thousands of youth have lost their jobs due to the aforesaid closure.

Rattan Lal Gupta said that except 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 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.

“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 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.

He said that National Conference being the party of aboriginals from J&K can bring the industrial revolution and build up a desired 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.

The Provincial President appealed to the industrialists and traders of Jammu and Kashmir to strengthen the hands of Dr. Farooq Abdullah and Omar Abdullah by supporting and voting all three dynamic, young and visionary candidates of the National Conference from the Kashmir valley: Omar Abdullah from Baramulla Parliamentary Constituency; Aga Syed Rahullah from Srinagar Parliamentary Constituency, and Mian Altaf Ahmed from Anantnag – Rajouri Parliamentary Constituency in the ensuing Lok Sabha polls in Kashmir.

He reiterated the National Conference’s unwavering commitment to safeguarding the interests of Jammu and Kashmir’s industrial community and advocating for policies that foster growth, innovation, and prosperity.