BBIA hails CM initiatives to revive industrial sector of state

An urgent meeting of Bari Brahmana Industrial Association was held today under the president ship of  Lalit Mahajan President Bari Brahmana Industries Association in which the members present in the meeting appreciated the Initiatives taken by  Chief Minister Mehbooba Mufti & Industries and Commerce Minister Chander Parkash for speedy Industrial Growth in the State which will open the Employment Opportunities for local unemployed youths.

During the meeting, the members highlighted the issue regarding the long pending demand of the Industrial Sector for the establishment of Mother Industry in the State to provide ample scope of ancillarisation of local Industry but no action has been taken by the central govt. and  we term it as step motherly treatment with our State as nos. of Mother Industries set up in the neighboring states like Punjab, & Haryana. The members also raised their concern about the cumbersome guidelines framed by Govt. of India for the disbursement of Fright Subsidy & other incentives due to which the allocation of funds by Govt. of India remains unutilized for which Govt. of India should issue fresh guidelines under Ease of Doing Business Concept adopted by Govt. of India.

Meanwhile, the members appealed CM  and Industries Minister to personally intervene into the matter regarding industries including restoration of Central Excise Package with 100% Refund, Income Tax Holidays for 10 Years for Industrial Sector, establishment of Mother Industry in J & K State, Freight Subsidy for the Industrial Sector for the dispatch of Goods to other parts of the Country and others.

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