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news details
Chairman FOIJ highlights grievances of Micro/ Small Units
5/8/2019 11:57:00 PM

Early Times Report

Jammu, May 8: Rattan Dogra, Chairman Federation of Industries, Jammu has expressed deepest resentment and anguish over the total neglect by the State Government, to address the most genuine grievances of local Micro/Small Units.
Consequent to the adoption of GST regime by the State Govt. Association of Industries has repeatedly drawn the attention of the State Govt, ever since the popular Govt, to the present President's rule to take effective remedial measures to restore the competitive edge that existed in VAT Regime.
AOI has reasons to believe that local Micro/Small units are deliberately been penalized as almost entire segment of Micro/Small units is promoted by 'Sons of Soil' entrepreneurs who are in the forefront to provide employment to the local populace in their enterprises to at least three lac workers largest after the State Govt. FOIJ further believes recent State Govt, announcements to attract fresh investment of huge capital investment of over Rs.50 Crores in single unit shall only be instrumental of further neglect of existing local Micro/Small sector as such units if at all consider to establish their manufacturing base in the state are likely to bring along vending units of their own choice and preference from outside the state.
Secondly, the manufacturing process of such envisaged units shall be based upon technically more advanced and modern plant and machinery operated by highly skilled and trained manpower which the state is unable to provide due to lack of adequate matching training facilities through its existing institutions as such local populace shall not at all be able to be considered for employment in such units.
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