CCI meet Comm & Addl CS I&C, highlight industrial and trader issues and demands


CCI meet Comm & Addl CS I&C, highlight industrial and trader issues and demands

posted on 06 Sep 2022 | Author RK News

Jammu, 05 Sep: The Chamber of Commerce and Industries (CCI) on Monday highlighted the issues and demands of industrialists and traders to the Commissioner and Additional Chief Secretary, Industries and Commerce, Vivek Bharadwaj.

The ICC delegation headed by its chairman Arun Gupta met with Bharadwaj and briefed him on the burning issues of the business fraternity and also submitted a memorandum for early review. Several industry and commerce issues in the Jammu region were discussed in a friendly atmosphere in which the Commissioner and Additional Chief Secretary, Industries and Commerce assured his full support.

Issues that were discussed included the request to include a separate land value/stamp duty rate clause with respect to land that must be registered for industrial units on other states’ lines as the rates commercial notified are too high, extension in validity period beyond June 30, 2022, because some industrial units could not start production within the stipulated time due to some unavoidable obstacles such as delay in sanctioning loans , non-emission of NOC by PCB, etc., therefore, units that have taken effective measures should be granted an extension of the validity of the provisional registration for at least one year, the extension of the Central Package-2021 to existing industries expanding substantially, the granting of industry benefits to hotels and lodges because tourism was declared an industry in 1995 but unfortunately the ava ntages of industries have not been given to the ill-fated hospitality industry till date, removing the negative list as it will allow the loc al industry to compete with foreigners, provide property rights to the sons of the ground by developing a regime allowing ownership rights of industrial land on lease to local entrepreneurs after a period of 25 years from the first initial allocation of land with a nominal conversion fee from lease to freehold, reinstate the regime of amnesty for electricity as the one offered during the lockdown period could not be used by industries due to full or partial shutdown and the brotherhood of traders in the face of the financial crisis, review the decision to increase the electricity tariff as JPDCL’s proposal a 70% hike will seriously affect the industry.

Other ICC officers present at the meeting include Sh. Anil Gupta, ICC Senior Vice President, Sh. Rajeev Gupta, Jr. ICC Vice President, Sh. Gaurav Gupta, General Secretary and Sh. Rajesh Gupta, Secretary.

Giving a patient hearing to the ICC delegation, Bharadwaj ensured speedy redress of the aforementioned issues.


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