Srinagar, Oct 14: Concrete steps will be taken for relocation of troops camped at several industrial estates at Sopur, Zakora and Zainakote to pave way for the smooth functioning of industrial units and establishments.
This decision, according to an official spokesman, was taken at a high level meeting held under the chairmanship of Minister for Industries and Commerce SS Slathia here today.
Several decisions were taken in the meeting to facilitate the Industrial fraternity to flourish and give fillip to their production activities.
The Minister informed the meeting that in view of difficulties faced by several industrial estates with regard to power disruption, the Government has kept a provision of Rs 25 lac for purchase of DG sets complete in all respects.
 It was decided to allow the industrial estate to purchase more DG sets to avoid the frequent power disruption, wherever prevailing. Other issues which came up under discussion include exemption of GST, VAT and service tax on several items.
 The meeting also decided to explore the possibilities to consider local entrepreneurs in tender process while effecting purchases of blankets, Police uniforms and power transformers by Police Department and Power Development Departments.
 Delay in payments from government departments and creation of revolving fund of Rs.20 crore will be considered sympathetically and a meeting with the Chief Minister along with Finance Minister will be arranged in this regard, the meeting decided.
 It was also decided that the Government will consider the compensation cases and waiving off the increase in premium for land.
 Among others Principal Secretary Home, Mr. B.R Sharma, Commissioner/ Secretary Industries and Commerce, Umang Narula, Commissioner/ Secretary Power Development Department Basharat Ahmad Dar and President Federation of Chamber of Industries Kashmir Shakeel Qalandar were present in the meeting.

Lastupdate on : Thu, 14 Oct 2010 21:30:00 Makkah time
Lastupdate on : Thu, 14 Oct 2010 18:30:00 GMT
Lastupdate on : Fri, 15 Oct 2010 00:00:00 IST