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| Benefits of industry must go to rural, semi urban areas: CM | | | Early Times Reporter
Jammu | Oct 28
Reiterating that his government is keen to have maximum inflow of investment in industrial sector in the state, Chief Minister Ghulam Nabi Azad today called for extending the benefits of the industry to rural and semi urban areas of the state.
Chief Minister was addressing a gathering after inaugurating a pharmaceutical unit set up by Medleys Integrity Medicines at Bari Brahmana here this afternoon.
Union Minister for Minority Affairs, Abdul Rehman Antula, Member Parliament Madan Lal Sharma, Minister of State Dr. Romesh Sharma, prominent citizens, besides renowned industrialist of Jammu and staff of Medley concern were present on the occasion.
Expressing optimism that Jammu and Kashmir would soon become a hub of industrial activities, he said there is an impending need to take the Industry out of the confines of big cities so that the people living in rural and semi urban areas could also reap the benefits of this vital sector. He said Jammu and Kashmir which is known for Tourism and handicraft also possesses great industrial potential for Agriculture, horticulture and Information technology.
Asserting that the present government is committed to promote Industrial activities in the state, he said besides offering attractive invectives, it is being assured that the entrepreneurs willing to set up their ventures over here may not face any kind of harassment in getting clearance of projects.
He said “Since it is the endeavour of my government to weed out corruption, I would like to declare from this stage that they (Industrialists) would not face the money fleecing tactics to which they might be subjected elsewhere”.
Referring to the handsome incentives being offered by the state and union government to attract entrepreneurs, Azad said that the main objective behind extending these spurs is to generate employment opportunities in the state. He said since Jammu and Kashmir is located at the extreme end of the country, the state is facing acute dearth of employment opportunities. He said it is highly satisfying to note that the Industrial units have also adhered to the condition of employing 90 percent local youth set in lieu of the generous incentives given by the state and union government to them.
He however regretted that many industrial houses prefer to retreat from the state offering incentives, once the government withdraws the same forgetting that after enjoying relaxation for a length of time it was their turn to pay back.
He said “though on my request the union government has already extended the incentives for J&K by five more years which were going to end in the month of March, 2007 , I hope those who have invested here will not resort to such practice”.
Describing Jammu and Kashmir as a potential state for industrial activities, Azad said that having the yearly influx of over seven million Vaishno Devi pilgrims the state has the distinction of having rail connectivity with almost every part of the country which could also benefit the industrial units.
He said besides this, the state is also going to have International airport at Srinagar which could facilitate direct export of products. “Similarly, the state is also looking forward to overcome the problem of availability of power as the 400 MW Bhagliar project is being commissioned in the month of April next year” Mr Azad said adding “ in next two years the state would commission four more power projects which would solve this problem for ever”
Congratulating the Medley Pharmaceutical management for setting up such a prospective unit in Jammu and Kashmir, Chief Minister said India is heading to number one position in the industry giving a tough competition even to the countries like America for un matching quality of medicines produced by the companies here.
Speaking on the occasion, Union Minister for Minority Affairs, Antula congratulated Medleys group for opening their venture in Jammu and Kashmir, hoping a bright success for the company in future.
Hailing the efforts being made by Azad led government in effecting all round development of the state, Antula said that he is looking a bright future for the state. He congratulated Azad for the great works he has done after taking over the reins of the government and said that the situation in the state has improved considerably.
Earlier, the Chief Managing Director Medleys, Sami Khatib welcomed the guests and gave a brief account of the production to be taken up in the unit. He said the medicines produced in this unit would also be exported to Europe and America.
Earlier, the Chief Minister went round the factory and examined the production and other sections. |
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