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| Agro-based Industries in J&K is yet to bear fruits Despite tall claims, no major headway in Industrial sector in J&K Himachal- Uttarakhand whooping Rs 80,000 crores investment against Rs3,000 crores J&K EARLY TIMES REPORT Jammu, Jan 17: The National Conf | | Himachal- Uttarakhand whooping Rs 80,000 crores investment against Rs3,000 crores J&K | | EARLY TIMES REPORT
Jammu, Jan 17: The National Conference-Congress coalition Government's plan to encourage private investment in agro-based industries in Jammu and Kashmir is yet to bear fruits. Meanwhile Himachal Pradesh and Uttarakhand offering encouraging policies have registered an investment in industrial sector to the tune Rs 80,000 crores against barely Rs3,000 crores in Jammu and Kashmir during last 10 years.
Official sources confirmed that the main factor responsible for very poor investment in agro-based industries in the state was the Government's procrastination on grant of industrial status to the agro-based units.
The agro based entrepreneurs from Kashmir chapter of Confederation of Indian Industries during a meeting with Minister for Agriculture G H Mir had expressed their willingness to invest in agro-based industries in Jammu and Kashmir if the Government granted industrial status to the units that manufacture juices but on the condition of the provision of cold storage facility and exemption from Sales Tax.
Number of industrialists said that the Government is yet to take concrete steps on "our demands and suggestions" and hence "we have not yet made up our mind for setting up agro-based units in Jammu and Kashmir."
Other industrialists said that though the security environment in Jammu and Kashmir had shown signs of improvement it still continued to be in a state of flux. They said first of all the Government should make the entire exercise connected with clearance of the projects, giving sanction for setting up the units and clearance from various departments, including the PHE, PDD, pollution control Board a hassle free affair.
They said right from the day projects are submitted for approval the industrialists have to suffer humiliation from different Government departments where officials red tapism and corrupt practices welcome them before clearance was issued.
During the meeting the industrialists wanted the Government to implement its single window clearance policy and said that though the policy had been framed seven years ago it was not being strictly implemented with the result a number of industrialists abandoned their plan to set up their units in Jammu and Kashmir. Instead they have opened units in Himachal and Uttarakhand.
Official sources confirmed that as a result of corrupt practices in the Jammu and Kashmir, the neighbouring states Himachal Pradesh and Uttarakhand have registered an investment in industrial sector to the tune Rs 80,000 crores in the last 10 years against barely Rs3,000 crores in Jammu and Kashmir during the same period.
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