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| Sickness in various industrial estates continues to worry govt | | |
EARLY TIMES REPORT
JAMMU, Nov 11:
If on one hand no new industrial unit has been set up in Jammu and Kashmir on the other hand the sickness in various industrial estates continues to worry the National Conference led Government.
Government reports indicate that while in the Kashmir valley the total number of sick units was 330 that in the Jammu region the number was 419.This works out more than two per cent of the total number of units are sick. Reports said that these 750 units that are sick do not seem to have any chance of revival.
Reports said that more than 700 unit s are on the verge of being sick. A detailed survey is yet to be carried out for determining the number of sick units, number of marginally sick units and the number of those units that did not become functional at all because their owners gulped down various incentives that were offered by the state and the central Governments.
Official sources said that unfavourable security scenario in the state has been responsible for the tardy growth of the industrial sector. They said that apart from the militancy related violence, which affected the industrial growth in the state during the last 21 years, the calls for shutdown and protest rallies given by the separatists had prevented industrialists from setting up units in the valley.
However, leaders of Chamber of Commerce and Industries feel intrigued over the way the region of Jammu, which had remained peaceful, had not been able to attract large investment in the industrial sector during the last over two decades.
They obliquely blamed the stated Government for its inability to dispel an impression that has ground in the rest of the country that the disturbed security scenario had paralyzed normal life in the Jammu region also. They said in order to remove its impression the state Government in general and the Department of Industries in particular should have launched a campaign for attracting industrialists in the country to set up units in Jammu.
Some of the prominent industrialists said that the State Government had not initiated measures for fulfilling its commitment on encouraging public-private investment in the industrial sector. They said that the situation had reached such a saturation point that those Government and private agencies that used to prepare project reports for industrialists, planning to set up units in Jammu and Kashmir, have remained idle for the last over three years because no new entrepreneur had come forward to register his or her units.
One senior leader of the chamber of commerce and industries said that the successive state Governments continued to discourage those industrialists who were keen to set up their units in Jammu. These enterpreneurs were being assured of sever al incentives if they set up their units in Kashmir. But as a result of disturbed security atmosphere, the industrialists from outside the state selected Himachal Pradesh and Uttrakhand for setting up their units.
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