x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   Lights, Luxury and Lost value: The Commercial Takeover of Diwali | Best Minds Spend their Youth Memorising Rather Than Innovating | Beware Of Deceptions | Exposition of holy relics deepened spiritual connect between India and Russia: LG Sinha | Cong’s decision not to contest Nagrota bypoll sparks unease in coalition | NC never wanted to fight on 2 seats: Omar | NC, PDP, BJP candidates file nominations | NC hints at ‘many surprises’ in RS elections | CM Omar extends Diwali greetings | Exceptional coordination brought Pak to its knees: PM Modi | Ashwini Vaishnaw reviews passenger movements | Court sentences man to 20 years in POCSO case involving 12-yr old girl | Indian Army celebrates Diwali with Zeal at LoC posts in Kupwara | Dr Satya Priya from University of Jammu Presents Research Paper at Global Sanskrit Conference in Bali | LoP Sunil Sharma Asserts: "We Will Never Form Govt with NC Nor Do We Need To" | DC Ramban convenes mega public outreach camp at Sangaldan | District Cycling Competition held at Samba | J&K Bypolls: NC fields DDC member as Cong leaves Nagrota to realise 'Larger Goal' of defeating BJP | Director School Education, Jammu extends Diwali greetings | NC Deceived J&K People, Voters Looking For Alternatives: LoP Sharma In Budgam | Sagar chairs Block Khanyar meeting at Nawa E Subah | DC Rajouri inaugurates Badminton Court at Sports Stadium Kheora | Rupee rises 9 paise to close at 87.93 against US dollar | "Ek Shaam Buzurgon Ke Naam" brings festive cheer, cultural harmony at Home for Aged & Infirm | PEC confers honorary doctor of Science upon RK Tyagi | JKNC candidate Shamim Begum files nomination for 77- Nagrota Assembly segment | DSS holds Shardhanjali Meet for Th Gulchain Singh Charak | Director Agriculture reviews eepartmental activities at Billawar | Indian Army spreads Diwali cheer at Palash Orphanage, Naushera | Indian Army inspires festivity with distribution of sports equipment to locals | Indian Army Enhances Civil-Military Relations with Gujjar & Bakkarwal Communities | Back Issues  
 
news details
Jammu industrialists welcome new land laws, say will boost industrial growth
10/28/2020 11:50:01 PM

Early Times Report

Jammu, Oct 28: Thanking Prime Minister Narendra Modi and Union Home Minister Amit Shah for bringing a ray of hope for Industrialisation in Jammu and Kashmir, an apex body of Jammu-based industrialists on Wednesday welcomed the new land laws in J&K and said they will boost industrial growth in the Union Territory.
The Bari Brahmana Industries Association (BBIA), Jammu, welcomed amendment in land laws of J&K for the setting up of industrial units by outsiders.
'The members of the association thanked Prime Minister Narendra Modi, Union Home Minister Amit Shah and J&K Lieutenant Governor Manoj Sinha for bringing a ray of hope for Industrialisation in Jammu and Kashmir by the prospective entrepreneurs from outside,' its President Lalit Mahajan said.
Mahajan, who chaired a meeting of the association, said the new land laws would open doors for huge investment in the industrial sector, health and medical education, tourism Industry, real estate and other sectors which will provide job opportunities to the local youth in the private sector. Drawing the attention of the prime minister, home minister and lieutenant governor, Mahajan said, 'It is the need of the hour to provide fiscal incentives to existing units, units under substantial expansion and new units for rapid industrialisation keeping in mind the factors like location disadvantage, shallow market due to hostile neighbours like China and Pakistan.' The BBIA president demanded road freight reimbursement on bringing raw materials from outside J&K, and supply of finished goods to other parts of country. He also sought turnover incentives for micro and small units selling their goods within the UT of J&K, budgetary support of 2 per cent turnover on inter-state sale to all the units, state CGST and SGST reimbursement benefits to new units and units under expansion. 'We request the lieutenant governor to notify the proposed new industrial policy 2020 with the inclusion of such incentives to attract new investment in the Industrial sector in near future,' he said.
  Share This News with Your Friends on Social Network  
  Comment on this Story  
 
 
 
Early Times Android App
STOCK UPDATE
 
 
 
 
 
 
 
   
Home About Us Top Stories Local News National News Sports News Opinion Editorial ET Cetra Advertise with Us ET E-paper
 
 
J&K RELATED WEBSITES
J&K Govt. Official website
Jammu Kashmir Tourism
JKTDC
Mata Vaishnodevi Shrine Board
Shri Amarnath Ji Shrine Board
Shri Shiv Khori Shrine Board
UTILITY
Train Enquiry
IRCTC
Matavaishnodevi
BSNL
Jammu Kashmir Bank
State Bank of India
PUBLIC INTEREST
Passport Department
Income Tax Department
JK CAMPA
JK GAD
IT Education
Web Site Design Services
EDUCATION
Jammu University
Jammu University Results
JKBOSE
Kashmir University
IGNOU Jammu Center
SMVDU