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Federation of Industries discusses Industrial Policy 6/12/2015 11:11:01 PM Early Times Report Jammu, June 12: An urgent meeting of the Federation of Industries, Jammu was held today under the Chairmanship of Rajesh Jain at AOI Bhawan Gangyal to discuss the draft Industrial Policy which is going to be announced by the State Govt. The members present in the meeting request Mufti Mohammad Sayeed Chief Minister, Dr. Nirmal Singh Deputy Chief Minister, Haseeb Drabu, Finance Minister & Chander Parkash, Industries & Commerce Minister to discuss the proposed State Industrial Policy with the stake holders on priority basis which is going to be submitted by the High level committee headed by the Financial Commissioner Industries to the Govt. by 15 June 2015. We request CM and Dy. CM that the Policy should not be declared in haste without ensuring that all issues are adequately addressed with sufficient clarity. If deemed necessary more time be taken as it will impact the future of Industries in the State for the next ten years. FOIJ also request Mufti Mohad. Sayeed Chief Minister, Haseeb Drabu, Finance Minister & Chander Parkash, Industries & Commerce Minister that the present Fiscal Incentives including VAT Remission & Toll Exemption should be continued till the introduction of the GST in our State and the Exemption from Central Goods & Service Tax should be extended on the same pattern to the Industrial Sector, for which a mechanism for such Incentives be worked out with the consultation of stake holders at an early date, so to ensure that Industry should not put for further hardships.   Share This News with Your Friends on Social Network     Comment on this Story

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