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Lives of people, economic activity both are equally important: PHDCCI J&K
1/25/2022 10:30:42 PM

EARLY TIMES REPORT

JAMMU, Jan 25: The PHDCCI J&K today organized the first virtual interaction meet of Divisional Administration of J&K with stakeholders, traders, civil society, Industry from both regions of J&K.
Rahul Sahai, Chairman PHDCCI Jammu welcomed delegates and moderated session while Baldev Singh Raina Kashmir Chairman welcomed delegates and all the participants.
The meeting was attended by Pandurang K Pole Divisional Commissioner Kashmir, Raghav Langer Divisional Commissioner Jammu and Mehmood Ahmad Shah Director Industries Kashmir, senior bank officials and other senior Govt officers. Rahul Sahai in his opening remarks stated that through the PHDCCI virtual session of Omicron Mild or Severe “Impact on Economy of J&K” we have tried our best to encompass all the sectors of trade & commerce for presenting their views that how administration should move on in synchronization of stakeholders from different sectors. Rahul Sahai Said that the disruption in business is visible amply from the lack of public spending, tourism cancellation in J&K, cancellation of restaurant bookings, cancellation of marriage functions, air flight cancellations. Sahai sensitized administration that economy of Jammu is majorly dependent on marriages and marriage season and in this eco-system so many employees’ salaries, sales and payment to suppliers and to their suppliers are involved.
Baldev Singh Raina Chair PHDCCI Kashmir in his opening remarks stated that under the aegis of PHDCCI today we tried to meet the Divisional administration virtually so that the issues of Trade and Commerce will be listened online, as we know that the imposing Covid-related restrictions the economic activity is likely to get impacted due to third wave. He further added that today we would like to hear from our Divisional Administrations that what are the future programme government and what kind of support government needs from trade and industry during these tough times.
Pandurang K Pole, Divisional Commissioner Kashmir, in his address congratulated the PHDCCI for bringing all business community of J&K in a single virtual platform. While interacting with stakeholders Divisional Commissioner Kashmir said the Omicron has impacted the economy adversely, as lot of bookings have been cancelled and the International flights and other activities got halted to a certain level as we all know from last two years the Covid pandemic with different phases has given us tough challenges. The Divisional Commissioner Kashmir appreciated the initiative taken by PHDCCI to hold the virtual interaction for discussing the pros and cons directly with stakeholders. Dr Raghav Langer Divisional Commissioner Jammu in his address extended sincere thanks to PHDCCI for organizing this kind of virtual meet.
He said that it goes without saying that industry and commerce and all our partners, they remain the driver of the economy and no state no country can think can maintain, growth, GDP without giving the recognition to the industry and commerce and to the economic activity.
Raghav further added that we are quite sensitized to the requirements to the issues like early opening of restrictions on marriage functions, making it to 25% against the capacity of the halls and pending payments of hotels used as quarantine centres, relaxation in night curfew timings when cases are stable.
Raghav said that in fact, we were also looking for winter and offbeat tourist destinations in Jammu division and we were all focusing on the influx of tourists to new destinations and enhancing our potential and the niche areas also.
Other notables from trade and industry who spoke are Mushtaq Ahamad Chaya, Hospitality Industry of J&K, Kuldeep Gupta, Co-Chair PHDCCI Jammu, Vikrant Kuthiala MC PHDCCI, Sheikh Ashiq President KCCI, Sanjay Bansal, Chairman (FAIVM) Federation of All India Vyapar Mandal J&K chapter, and others.
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