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Kashmir Chamber of Commerce raises key business issues with Lt. Governor Sinha

Ziraat Times News Network

Jammu: The President of the Kashmir Chamber of Commerce & Industry (KCCI), Javed Ahmad Tenga, met with Lt. Governor Manoj Sinha yesterday to discuss various concerns affecting businesses in the region. This follow-up meeting, according to a statement issued to Ziraat Times, addressed issues previously raised with the Lt. Governor. Here is the summary of the issues discussed during the meeting –

Tourism Struggles:

KCCI highlighted challenges hindering tourism, including delays in renewing tourism licenses and restrictions on repairs and renovations in popular tourist destinations. They urged the adoption of a single-window system to streamline licensing and ease the process.

Boosting Industry:

The chamber emphasized the need for effective implementation of industrial policies and allocation of quotas for locally-produced goods to support local businesses. They also advocated for single-window clearance and removal of caps on additional assistance for industrial expansion, aiming to address unemployment concerns.

Promoting Exports: KCCI stressed the importance of facilitating participation in international trade fairs for showcasing Kashmir products and GI-tagged items like Pashmina and carpets. They believe this will boost exports and promote handicrafts.

Power Amnesty and OTS: Seeking relief for commercial power consumers, KCCI proposed an amnesty scheme similar to the one offered to domestic consumers. They also suggested another One Time Settlement (OTS) scheme with a higher cap and extended duration to benefit both borrowers and J&K Bank.

Airport Expansion: Recognizing the surge in tourism, KCCI urged the expansion of Srinagar Airport to accommodate growing passenger traffic and address current infrastructure limitations. They highlighted the need for more food and beverage outlets for traveler convenience.

The Lt. Governor assured KCCI that their concerns are receiving serious consideration and will be addressed swiftly. He specifically mentioned expediting the power amnesty and OTS schemes. KCCI President Tenga expressed gratitude for the Lt. Governor’s attention and commitment to finding solutions.

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