SICOP registers business turnover of over Rs 286 crore

Minister for Industries & Commerce, Chander Parkash Ganga chairing a meeting at Srinagar on Wednesday.
Minister for Industries & Commerce, Chander Parkash Ganga chairing a meeting at Srinagar on Wednesday.

Excelsior Correspondent
SRINAGAR, July 26: J&K Small Scale Industries Development Corporation (SICOP) has achieved a business turnover of Rs 286.22 crore during the first quarter of the current fiscal.
This was stated at the 86th Board of Directors (BoD) meeting of the Corporation held under the Chairmanship of Minister for Industries and Commerce Chander Parkash Ganga.
The meeting was also informed that the Corporation has taken control of 43 industrial estates, including 30 in Kashmir division and 13 in Jammu division, earlier managed by DIC Kashmir and DIC Jammu.
The Board approved several proposals during the meeting including the Business Reform Action Plan 2017 envisaging online facilities through single window, including water connections, deposition of rentals and water usage charges and tracking of status. These facilities would be provided in respect of all industrial estates in the State.
The business plan also provides for a land allotment system that allows online application and payment, designing and development of an online system for granting construction permits and enactment of a comprehensive building by-law applicable to the entire State.
The Board also adopted the National Building Code. It was directed that in addition to other approved guidelines all buildings in industrial estates need to have comprehensive fire safety measures with annual renewal of fire safety.
It was decided that building approval must be given within 15 days of application and that land allotment timeline must be adhered to in letter and spirit.
The Corporation also presented its 27th Annual Report in the meeting. It will be tabled before the Legislature in its next session. The meeting also approved setting up of petrol pumps on its land for further revenue generation.
The Board also adopted the Industrial Policy 2016 and Procedural Guidelines framed by the Corporation.
Among other Board members, the meeting was also attended by Vice Chairman JK SICOP Dr. Ali Mohammad Mir and Commissioner Secretary, Industries and Commerce, Shailendra Kumar.

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