Like our Facebook Page

news details

FOIJ demand ancillarisation policy to protect local micro & small scale units 12/25/2021 11:34:18 PM Early Times Report JAMMU, Dec 25: Lalit Mahajan, Co-Chairman Federation of Industries Jammu & President Bari Brahmana Industries demand for the Implementation of ANCILLARISATION POLICY by the UNION TERRITORY OF Jammu & Kashmir for providing due share in the purchase of Raw Materials & Packaging Materials from the Local Micro & Small Scale Units by the Medium & Large Scale Units working at present as well as under the implementation in our State on the basis of Industrial Policy 2021. Lalit Mahajan convey their thanks to Lt. Governor Manoj Sinha and Ranjan Prakash Thakur(IRTS) Principal Secretary Industries & Commerce for the grant of Industrial Package by Govt. of India resulting massive Industrial Investment in progress from the Domestic as well as from Foreign Investors in near future and we are hopeful that the Employment Graph of Local Youths in the Industrial Sector may be reached at highest level. It is pertinent to mention here that after the removal of Toll Tax w.e.f. 01-01-2020, uncertainty prevailed in the mind of Local Micro & Small Scale Units in respect of purchase of Raw Materials/Packaging Materials by Medium & Large Scale Units established in the State from Local SSI Units as it has been brought to our notice that number of Units are in the process for the purchase of Raw Materials and Packaging Materials from outside the State which will be a setback to the Local Units. It is worthwhile to mention here that the Ancillarisation process was started in our Country simultaneously with the Govt. Set up Enterprises almost in all the core sectors. The large Industries and other Public Sector undertaking (PSUSs) started sub-contracting the standard and low technology items to the Local Small-Scale Industries which developed a sound base of Ancillarisation, helped Proliferations and Development of MSME Sector and we strongly support the concept of Ancillarisation in Private Sector also which will prove a milestone in ushering in an era of sub-contracting amongst the Industries located in our State which will increase the avenues of the Employment also.   Share This News with Your Friends on Social Network     Comment on this Story

top stories of the day

Azad exposes J&K Govt, says Maharaja regime was much better than present bureaucratic rule BJP leaders day dreaming: Azad Azad seconds view of BJP leaders about Maharaja rule being better 4 militants killed in South Kashmir encounters J&K Govt forgets to compensate rain, hailstorm affected Jammu farmers COVID19 vaccination for children between 15-18 years to begin from 3 January 2022: PM Modi Power shutdown notifications add to woes of common man in Jammu Power restored in Kishtwar after 30-hours, frequent cuts trigger resentment Rail roko strike enters 6th day, passengers suffer MA Stadium swimming pool: 2 years on, up-gradation work still incomplete

STOCK UPDATE

BSE Sensex NSE Nifty

CRICKET UPDATE