STATE TIMES NEWS
JAMMU: A delegation of Federation of Industries Jammu (FOIJ) led by its Chairman, Lalit Mahajan met with Suresh Prabhu, Union Minister of Commerce and Industry and discussed various issues.
During the course of discussions, Mahajan raised the issue with respect to non release of funds for the pending claims of DIPP central package of incentives and pending cases with empowerment committee for approval, one time relaxation of condition for the submission of claims under DIPP package of incentives, appointment of Managing Director in Jammu & Kashmir Development Finance Corporation by the Department of Industrial Policy and Promotion, extension of income tax reimbursement, Central Government GST and freight subsidy incentives to J and K industrial sector at par with the North Eastern States which will open the doors for new investment and employment opportunities to the local youths in the State, compulsory purchase by Central Government Organization from J&K industry, setting up of mother industry to boost the local industrialization in our State, reduce export obligation for units in the State of Jammu & Kashmir in Foreign Trade Policy 2009-14 and EPGC Scheme.
The Union Minister gave a patient hearing to the issues raised by delegation and assured that the matter shall be resolved on priority basis.
The delegation comprised of Ajit Lal Bawa Co-Chairman, Pardeep Vaid Secretary General, Ajay Langer Convener, FOIJ, Gagan Jain and Vivek Singhal, Executive Committee Members of the Federation of Industries, Jammu.
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