Lack of fiscal incentives leading to closure of J&K’s industries: FOIJ

By
Ziraat Times
-

Follow Ziraat Times on Whatsapp - Join Now

Jammu, Feb 22: Federation of Industries Jammu (FOIJ) on Monday urged the central government and UT administration to save the existing industrial units of J&K from closure.

The association, while holding a press conference at Press Club, Jammu, said that due to non- availability of central government fiscal incentives under the new Industrial Development Package 2021 meant for new units, thousands of local workers may be rendered jobless.

Chairman FOIJ Lalit Mahajan said that while going through the notification of the central government regarding industrial development package, there is nothing for the existing unitholders who are running their units despite facing all odds.

He said that existing units are already providing jobs to around 4 lakh people but there is no benefit for them in the package.

“We have somehow managed our units despite facing challenges in the last 30 years and the package of incentives in the past was for everyone and this one too should have been for new ones along with existing ones,” Mahajan said.

Mahajan said that the way the government is going, “it seems in coming time we have to close our units and 4 lakh more people will become unemployed and the central government will be responsible for it”.

“If incentives will be for only new ones, then how can we compete with them in coming time,” he said, adding that there is a need to take everyone on board as the government is aware of the situation in J&K post abrogation of Article 370.

Mahajan said all fiscal incentives of both state and central government have been diluted after GST implementation which has resulted in very limited growth of industrial units in J&K.

“We urge the Governor to look into the matter and save existing units from closure,” he said.

—(KNO)

RELATED ARTICLESMORE FROM AUTHOR

1042 COMMENTS

  122. medication from mexico pharmacy purple pharmacy mexico price list or mexican online pharmacies prescription drugs
    https://date.gov.md/ckan/ru/api/1/util/snippet/api_info.html?resource_id=a0321cc2-badb-4502-9c51-d8bb8d029c54&datastore_root_url=http://xxlmexicanpharm.com mexican border pharmacies shipping to usa
    mexican online pharmacies prescription drugs reputable mexican pharmacies online and medicine in mexico pharmacies mexican mail order pharmacies

  224. pharmacie en ligne livraison europe [url=http://kamagrameilleurprix.com/#]kamagra pas cher[/url] pharmacie en ligne livraison europe

  491. Pharma Internationale [url=https://pharmainternationale.shop/#]Pharma Internationale[/url] pharmacie en ligne france pas cher

  711. mexican mail order pharmacies mexico drug stores pharmacies or mexican online pharmacies prescription drugs
    http://www.google.cm/url?sa=i&rct=j&q=w4&source=images&cd=&cad=rja&uact=8&docid=IFutAwmU3vpbNM&tbnid=OFjjVOSMg9C9UM:://usmexpharm.shop/pages/about-us mexican pharmaceuticals online
    <a href=https://pharmacycode.com/catalog-_hydroxymethylglutaryl-coa_reductase_inhibitors.html?a=medication from mexico pharmacy pharmacies in mexico that ship to usa and buying prescription drugs in mexico mexican rx online

  885. I started delightful CBD gummies a handful months ago and forthrightly, they’ve мейд a huge difference. I regularly liberate individual after dinner to mitigate me chill out and catnap better. They style renowned —like verified sweetmeats — and don’t desert me mood groggy the next day. It’s just a cordial, sweet vibe that helps inhale the margin insane after a stressful day. Wasn’t inescapable they’d work at prime, but now I’m all in. Completely second if you lack something genuine to take you abate without any grotesque side effects.

  937. Online drugstore Australia [url=https://pharmau24.com/#]Online medication store Australia[/url] Pharm Au 24

  943. pharmacie internet fiable France [url=http://pharmsansordonnance.com/#]pharmacie en ligne pas cher[/url] pharmacie en ligne

  944. pharmacie en ligne [url=https://pharmsansordonnance.shop/#]commander sans consultation medicale[/url] pharmacie en ligne livraison europe

  949. Viagra sans ordonnance 24h [url=https://viasansordonnance.shop/#]Viagra sans ordonnance 24h[/url] acheter Viagra sans ordonnance

  950. acheter medicaments sans ordonnance [url=https://pharmsansordonnance.com/#]pharmacie internet fiable France[/url] pharmacie en ligne france fiable

  958. pharmacie internet fiable France pharmacie internet fiable France or pharmacie internet fiable France
    https://www.human-d.co.jp/seminar/contact.html?title=Web%C3%A3%C6%E2%80%99%C2%BBDTP%C3%A3%C6%E2%80%99%E2%80%A1%C3%A3%E2%80%9A%C2%B6%C3%A3%E2%80%9A%C2%A4%C3%A3%C6%E2%80%99%C2%B3%C3%A7%C2%A7%E2%80%98%C3%AF%C2%BC%CB%86%C3%A5%E2%80%A6%C2%AC%C3%A5%E2%80%A6%C2%B1%C3%A8%C2%81%C2%B7%C3%A6%C2%A5%C2%AD%C3%A8%C2%A8%E2%80%9C%C3%A7%C2%B7%C2%B4%C3%AF%C2%BC%E2%80%B0&url=https://pharmsansordonnance.com:: Pharmacies en ligne certifiees
    pharmacie en ligne pharmacie en ligne and pharmacie en ligne sans prescription commander sans consultation medicale

LEAVE A REPLY

Please enter your comment!
Please enter your name here