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| Rather gets inputs on budget | | | EARLY TIMES REPORT
Srinagar, May19- Continuing his pre-Budget discussions on the second day today, Minister for Finance Abdul Rahim Rather held deliberations with noted economists, academicians, transport associations and representatives of Kashmir Chamber of Commerce and Industry.
While interacting with delegations, the Minister said the government would take every stakeholder on board and workout a strategy to accommodate genuine suggestions put up by them in Budget formulation. He reiterated the commitment of the government to help vulnerable sections in coming out of the economic morass and assured all possible relief to them.
The meetings were attended by Economic Advisor to Government, Jaleel Ahmad Khan, Commissioner/Secretary, Finance, Sudhanshu Pandey, Commissioner, Commercial Taxes, Bashir Ahmad, Commissioner, Excise, Pradeep Gupta, besides other senior officers.
A delegation, led by veteran economist Prof. Nisar Ali, presented its viewpoints and identified various sectors of economy which require focused attention. Major issues which came under discussion included reformation of recruitment rules, tackling burgeoning unemployment problem and tapping power generation potential of the State. The delegation also raised the issue of increasing royalty over State Hydel Projects from 12 per cent to 35 per cent and sought transfer of at least two hydel projects of Uri and Salal to the State government, in lieu of the losses incurred through Indus Water Treaty.
They also suggested adequate fund allocation to meet infrastructure requirement of rural and hilly areas of Doda and Kishtwar districts. The delegation was of the opinion that Roshni Act be modified as cost-free acquisition of State land was not in the interests of the State.
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