Early Times Report
JAMMU, Mar 4: Federation of Industries (FOI) has expressed resentment over the utter neglect of existing local, micro small industrial sectors. According to press release, Rattan Dogra, Chairman, Jatinder Aul, Deepak Dhawan, Co-Chairmen of FOI said with the formation of Union territory local small/micro sector had very high hope that with the direct interventionery involvement of Govt. of India their plight shall considerably and progressively improve to enable them to continue to provide jobs to local populace, second largest after the state Govt. FOIJ regrets to elaborate that all the factors aimed at restoring competitive edge including VAT remission/Toll Tax/Entry tax for import of finished goods in J&K have not suitably compensated for in favour of local Micro/Small sector despite repeated assurances.
FOIJ has further elaborated that J&K Govt. has suddenly shifted its procurement process through Gem portal for all Govt. Departments/ Agencies/PSU's including PHE, I&FC, PDD, Forest, Education etc. etc. which is contrary to the provisions of existing Industrial Policy that protects the local units through price/purchase preferences.
FOIJ further emphasized that various Finance department circulars regarding procurement are contradictory in nature while one circular impressive all Govt. Departments/Agencies to achieve an overall procurement of minimum of 20% of total annual purchases of products and services rendered by Micro and Small Enterprises mandatory, while another circular towards e-tendering upon Gem portal exposes them to all India basis beyond the scope and resources of local Micro/Small units. |
