Federation of Industries delegation calls on Prabhu

Excelsior CorrespondentJAMMU, May 16: A delegation of Federation of Industries Jammu under the chairmanship of Lalit Mahajan, Chairman FoIJ met with Suresh Prabhu, Union Minister of Commerce & Industry at New Delhi in presence of� Ajit Lal Bawa Co-Chairman.� Pardeep Vaid, secretary general, Ajay Langer convener, FoIJ, Gagan Jain & Vivek Singhal Executive Committee members of the Federation of Industries, Jammu.During the course of discussions,� Mahajan raised the issue in respect of non release of funds for the pending claims of DIPP Central Package of Incentives, J&K and pending cases with Empowerment Committee for approval,He demanded one time relaxation of condition for the submission of claims under DIPP package of incentives, appointment of Managing Director in Jammu & Kashmir Development Finance Corporation by the Department of Industrial Policy & Promotion, Extension of Income Tax Reimbursement, Central Government GST� and Freight Subsidy� Incentives to J & K Industrial Sector at par with the North Eastern States which will open the doors for new investment & employment opportunities to the local youths in the State, compulsory purchase by Central Government Organization from J&K Industry, setting up of mother industry to boost the local industrialization in the State, reducing of export obligation for units in the State of Jammu & Kashmir in Foreign Trade Policy 2009-14 & EPGC Scheme.The Union Minister after hearing the issues raised by Lalit Mahajan, Chairman, FoIJ assured the delegation that the matter will be� resolved on priority basis.