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CCI dismay over Centre’s 8-point formula on Kashmir | | | Early Times Report Jammu, Oct 3: Expressing discontent over eight-point formula announced recently to bring back normalcy in Kashmir Valley, Chamber of Commerce & Industry, Jammu (CCIJ) on Sunday urged the Centre to appoint interlocutors for holding discussions with aggrieved groups to know real cause of concern. Talking to the media persons here, CCIJ president, Y V Sharma said the traders and industrialists have been ignored as nothing has given to them in the recent formula announced by the Centre. “There is a lot of unrest and discontentment among them as nothing has been kept for them in the formula. The recent shutdown in Jammu should be given due cognizance and the government should initiate dialogue with the aggrieved parties to know the cause of unrest among them. There is an inherent feeling in their minds that the lion’s share of the revenue of the state and the grants from the Centre go to the Valley,” Sharma said. The CCIJ president said the recent unrest and turmoil in the Valley did a great loss to the trader and industry of Kashmir but the authorities ignored the fact that almost 75 per cent of the production of the factories in Jammu is bought either by the government or is used in the Valley. “The government should take peaceful demonstrations flippantly as it can turn out to be a volcano which will further disturb the normal life in the State,” Sharma said. He also lambasted the Jammu-based ministers for their “failure” to effectively plead their (traders) causes in the state cabinet. “If there are ten voices in Kashmir, all these are being heard in corridors of power while Jammu voice has always been suppressed,” he remarked. The Chamber president alleged the civil society in Jammu and Ladakh felt that they are unnecessarily held at ransom time and again due to machinations of some vested interests wishing to fish in troubled waters in the name of imaginary problem or the other to keep the pot boiling. The CCIJ demanded implementation of compensation package for 2008 Amarnath agitation, compensation for losses suffered during the present turmoil, implementation of J&K Bank circular for entire state, extension of VAT return and deferment of VAT tax deposit and NPA duration be increased up to 180 days, extension of soft loans to overcome liquidity crunch, downloading of goods at Lakhanpur (the gateway of Jammu and Kashmir), inclusion of a representative of trade and industry from Jammu in expert group constituted by the Prime Minister for employability of the youth in the state, early setting up of central university and withdrawal of recent imposition of entertainment tax.
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