PHDCCI Jammu chapter seeks financial package for revival of J&K’s economy

Srinagar, Nov 25: PHD Chamber of Commerce and Industries, Jammu Chapter has sought a comprehensive financial package for revival of Jammu and Kashmir’s beleaguered economy.

A delegation of PHDCCI, Jammu led by its head Rahul Sahai during the pre-budget meeting put forth a number of suggestions before the government for revival of the economy.

Ziraat Times here reproduces the press statement issued by PHDCCI:

Rahul  Sahai Submitted a Pre Budget Memorandum of Suggestions on measures for revival of J&K economy , keeping budget provisions for industry refunds on time , instalments for long pending dues of industrialists in Sicop , Sidco , Jda and in other Govt departments , Revenue generation by solving matters of Gair Mumkin khads , passi , agriculture land , solving land classification problems , sensitized about effects of lifting toll tax on steel , brick kilns, cement industries , Royalty on brick kilns at par with neighbouring states (Punjab) , 40 CR Budgetary allocation for Development of Transport Nagar Roads , lights etc. , Problems faced by Beer manufacturing units , existing Liquor bar licence renewal to be simple and smooth with less formalities according to old liquor policy  , bidding amount of 2 months of Corona period  to be compensated out of 11 months amount paid by liquor vends , industrial power tariffs for hotel industry , pending payments of hotels by GMC , DM for corona period to be released at the earliest .

Atal Duloo  IAS , Additional Chief Secretary and Financial Commissioner was accompanied with Pk Bhat from Finance department , Showkat Ajaz Bhat Commissioner State taxes J&K, Nitu Gupta Addl Commissioner State taxes Jammu , Kishore Singh Chib Excise Commissioner J&K and others.

Atal Duloo hailed PHDCCI delegation for suggesting positive measures for overall development of UT and assured to resolve the eligible issues at the earliest

Others present in Delegation are  Vikrant Kuthiala, MC Member , Kuldeep Gupta Co Chair , Jugal Mengi , Ashish jain , Shantnu Gupta .