In pre-budget meeting, CCI submits detailed memorandum highlighting issues

Excelsior Correspondent

JAMMU, Jan 27: In a pre-budget meeting convened by Chief Minister, Omar Abdullah with different Trade and Industrial Associations, Arun Gupta, president Chamber of Commerce and Industry (CCI) submitted a memorandum highlighting various issues pertaining to industrial and other sectors.
Gupta pleaded that all the incentives being provided to the new industries should be extended to the existing industries also for their survival.
The issues highlighted also included turnover incentives, power amnesty for commercial users, land allotment cancellation issue, creation of new industrial estates.
It was urged that while allotting land, preference should be given to local sons of the soil and 50 per cent land should be reserved for those MSME units whose need is up to 8 kanal.
Gupta also demanded abolition of negative list, ownership rights for sons of the soil, resolving flour mills issue, late filing of GST reimbursement claims, 3 per cent interest subsidy on working capital loans, purchase preference, freight subsidy on inward and outward supply of raw material and finished goods, acceptance of legal documents attested by notary instead of judicial/Executive Magistrate.
He further emphasized the need for development of commercial hub for all trades, grant of ownership rights to warehouse traders and land for godown purposes to Warehouse and Kanak Mandi traders.
The CCI leader also pleaded for renewal of lease deed in respect of allottees of Fruit Mandi and Sabzi Mandi besides commercial properties of JDA, JMC and Housing Board besides resolving the issue relating to Shiv Market Railway Station and Bahu Plaza
He advocated for regularizing the commercial activities that have come up in residential areas, redeveloping of old unsafe building at Bus Stand into a modern multi-storey complex and rehabilitation of businessmen presently operating there.
Gupta further stressed to develop Patnitop into a complete tourism hub.
Other issues highlighted were simplifying the plot subdivision and map approval in Gandhi Nagar, development of residential colonies and commercial markets to meet the population growth.
The CM Omar Abdullah assured that all the issues raised by the various organizations in the meeting shall be taken proper care off.