Excelsior Correspondent
JAMMU, Mar 8: Confederation of Industries and Commerce, (CIC) J&K, today alleged that J&K UT Government was neglecting the Balol Estate entrepreneurs and promoting mostly those from outside the UT.
Addressing a press conference here today, Rakesh Sharma, president of the Confederation while highlighting the issues pertaining to the Industries and Commerce Department (SIDCO and Department of I&C), alleged that they (I&C Deptt) have totally failed in promoting industrial spirit within local entrepreneurs.
He further alleged that local entrepreneurs who had been allotted lands in Balol Estate, Bari Brahmana about seven years back, are yet to start their units for want of a simple renewal of EM part- 1 which is a departmental process. The department is continuously issuing EM Part-1 registrations to other new entrepreneurs, who have projected to invest crores of rupees in their units, but not paying any heed in solving the issues of Balol Estate entrepreneurs.
The I&C Department had also invited applications for Meen Charakan Industrial Estate in 2022. Some local entrepreneurs invested their money to purchase industrial plots to start their units. After taking land premiums the department issued a statement that they cannot provide the lands against which they have taken premiums and the entrepreneurs need to be shifted to other locations and if the entrepreneur wants to take a refund some amount is deducted and the rest is being given to them. He said the responsibility should be fixed for this irrecoverable loss of precious time and hard earned money. The entrepreneurs should be compensated for this act of negligence by the SIDCO, l&C Department.
He alleged that neither the department, nor the govt is interested in addressing the grievances of the Balol Industrial Estate and Meen Charakan Industrial Estate entrepreneurs.
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