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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

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