Early Times Report
JAMMU, Nov 8: On behalf of Federation of Industries Jammu, Lalit Mahajan Chairman FOIJ and Presidents of the Industrial Associations of Jammu Province conveyed their heartiest thanks to Manoj Sinha, Lt. Governor of J & K UT, Aurn Kumar Mehta, Financial Commissioner, Finance Department, R.K. Chibber, Chairman J & K Bank, Mohammad Yaqoob Itoo Director General Budget, P.K. Bhat, Commissioner, State Tax Department and other Officials of the concerned Departments for timely release of Ist Installment of 5% Interest Subvention Relief and release of adequate funds for the Reimbursement of GST and 2% Budgetary Support to the Industrial Units of Jammu & Kashmir which will go a long way in helping the Industrial Fraternity of J & K UT passing through tough time due to COVID-19 situation. Lalit Mahajan, Chairman FOIJ, while welcoming the latest amendments made in the State Land Laws which will open doors for the huge Investment in the Industrial Sector, Health & Medical Sector, Tourism and Real Estate Sector, request Lt. Governor that it is the need of the hour to provide State/Central Govt. Fiscal Incentives to Existing Units, Units under Substantial Expansion & New Units keeping in mind the factors like Locational Disadvantages Shallow Market avenues within the State due to hostile neighbouring countries like china and Pakistan, to attract the new Investment from the prospective Investors for rapid Industrialization in our State. |
