Industry

New policy will boost industries in J&K: Comm Secy

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Meets industrialist delegations

BK News

Srinagar, Dec 9: Commissioner Secretary, Industries and Commerce Department, Manoj Kumar Dwivedi on Wednesday said that new industrial policy will boost industries in Jammu and Kashmir.

The commissioner secretary said this during a meeting with a delegation of PHD Chamber of Industry and Commerce, Kashmir chapter, according to an official spokesperson.

The PHD Chamber delegation led by its president, Baldev Singh Raina, discussed different issues with the commissioner secretary including the revival of the industrial sector, announcement of new industrial policy, extension of two years duration in implementation of SME projects, cluster financing scheme of J&K Department Financial Corporation and J&K Bank by opening SME branches in each industrial estate, land for warehouses, facilitation centres, the diagnostic study of industrial units etc.

The delegation, according to the spokesperson, requested the commissioner secretary to provide them land located near the highway in the valley for the establishment of warehouse zones so the effect of the closure of National Highway will be minimum on industries.

President PHD Chamber also requested for the establishment of facilitation centres at industrial estates and units to help new entrepreneurs. Further, the delegation demanded to expedite the announcement of new industrial policy and provision of soft loans from banks instead of SIDCO.

Commissioner Secretary said that most of the issues will be resolved with the announcement of new industrial policy which will boost the industrial sector of entire J&K. Meanwhile, he appreciated the willingness of the members to invest in the education sector.

Earlier, Director NIFT, Dr Javid also called on Commissioner Secretary and apprised him of several issues including water supply to NIFT.

Manoj Kumar Dwivedi directed for formulating the estimates of water supply scheme for submission to the administrative department for the commencement of water supply to NIFT.

The proprietors of Lassipora Food Park also called on Commissioner Secretary and apprised him regarding the progress on RFK Green and Khizar Agro Lassipora. The commissioning of these units was discussed threadbare and it was decided that issue of land allotment to the prospective food processing units will be resolved.

It was informed that RFK Green will come up with the timeframe of commissioning of the unit while Khizar Agro will start production in the month of December.

Among others Director Industries and Commerce, Mehmood Ahmad Shah, members of PHD Chamber of I&C including Bilal Ahmad Kawoosa, Himayu Wani, Jaan Muhammad Koul, Showket Mirani and Iqbal Fayaz Jan were also present.

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