Like our Facebook Page

news details

MSME Units of Jammu face harassment from industries department 8/8/2019 10:56:47 PM Early Times Report Jammu, Aug 8: Addressing a hurriedly convened Press Conference at BBIA Office on Thursday by the Representative of Industries led by Lalit Mahajan President in the presence of Vijay Aggarwal, President, AOI Smaba, Ajit Bawa President, Kathua Industrial Unit Association, Tarun Singla. The members present in the meeting raised serious concern towards the uncertainty prevailing in the mind of Micro and Small Scale Industrial Units of J&K due order No- 04 DI&C-J of 2019 dated by 06-08-2019 issues by Director, Industries & Commerce by the virtue of which Industries Department starts the process of Suspension of EM-II of those Industrial Units who have closed down their manufacturing process or after issuance of EM Part-II. Mahajan stated that in the said order, Director, Industries & Commerce, Jammu gave the instructions to concerned General Managers, DIC to start the proceeded against the Unit Holders & if the Units fails to get non-revival of EM-II with in a period of 3 months, the process of De-registration of said unit shall be initiated. It is pertinent to mention here that the present position of Industrial Sector is more serious due to sharp decline in the Industrial Growth in the State of Jammu & Kashmir in post GST Regime due to non availability of State Fiscal Incentives to the New Units and Units under Substantial Expansion resulting flight of Capital from J&K State to other States near to the Market and if such orders issued by Industries Department, then the survival of existing Industrial Units who closed down their manufacturing process due to any reason which includes non availability of funds or non availability of orders, the De-registration of such units will attract the Litigation for which the Industrial Department is wholly responsible and we termed it as a deliberate attempt of the concerned Officials for the reason best known to them for their vested Interest.   Share This News with Your Friends on Social Network     Comment on this Story

top stories of the day

J&K will have CM, Ministers again, will not be UT forever: Modi Ajit Doval's Kashmir visit sets historic standards on national security SC declines urgent hearing on PIL against axing Article 370 SC Refuses Urgent Hearing Of Plea Challenging J&K Lockdown, Arrest Of Ex-CMs Administration asks Govt employees to return to work immediately Schools to remain closed in Jammu on Friday, reopen in Samba After 'giving money' shocker, Ghulam Nabi Azad slams BJP for J&K situation Nirmal slams Azad for adding fuel to fire Governor issues directions for facilitating patients and passengers J&K received huge central funding yet development remained a far cry Sufficient stock of essential commodities in Jammu Division: Div Com Opposition creating confusion, Centre looking into 'domicile-like' option for J&K citizens: Nirmal Singh Movement of Pakistani troops along Indo-Pak border worry border villagers Situation by and large peaceful in Jammu & Kashmir One arrested for impersonating as Chief Secretary's staff Karan Singh welcomes centre's decision on J&K, creation of Ladakh UT Kargil on Boil: Protests Break Out, Section 144 Imposed

STOCK UPDATE

BSE Sensex NSE Nifty

CRICKET UPDATE