x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   Back Issues  
 
news details
Of endangered industries and official apathy
`70% units closed down in Jammu'
2/24/2013 12:34:05 AM
Early Times Report
Jammu, Feb 23: Thanks to the `non-professional attitude of Omar led coalition Government, the industries in Jammu and Kashmir have suffered a huge setback. Reports about closure of 70% of the industrial units in Jammu have been received.
Local industrialists of Jammu feel that the incumbent Government is not doing what it was supposed to do to promote industries. According to them, the Government invites big industrialists from outside who first establish business here and go back after making a fortune.
Talking to Early Times, few local industrialists said that present Government is not supporting locals in promoting the industries. "But when Mufti Mohammad Sayeed was the Chief Minister, we (industrialists) received incentives to promote the industry," they said.
"After Mufti took the charge of State in 2002, industries got a new lease of life. The biggest favour which Mufti did to industries was remission of VAT, which gave relief to many local industrialists," they added.
According to them, it is in total contrast to what the Government did two to three decades ago. "The Government would provide land and various incentives. But the apathy of the incumbent Government scares people away", they said.
"The present Government is claiming that they have adopted single window system for aspirants wanting to set up industrial units. But the reality is something different as for months an interested person has to run from pillar to post to get things done. Such a complicated system has been put in place which keeps interested people at a distance and youth have lost interests in starting any factory and take it as a profession", they lamented.
They said the policy of the Government had result in brain drain as young and efficient people were moving to other States to earn a livelihood. The J&K Government has failed to safeguard their interests as well as interest of local industrialists who are somehow carrying things along despite cruel attitude of Government, they accused.
In Jammu near about 70 percent industrial units have been closed and if Government doesn't adopt any positive policy towards them, industries may be wiped out from the State.
  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