CII suggests corpus fund for power sector in JK

Members interact with Moily

GK NEWS NETWORK

Srinagar, May 26: The Confederation of Indian Industries, Kashmir Zone, has called for creating a corpus for the power sector in J&K to ensure “easy progress for renewable energy development projects.”
 A 13-member delegation of CII, Kashmir Zone, raised this demand at a meeting with Dr. M Veerappa Moily, Union Minister for Corporate Affairs at Taj Vivanta on Friday.
 The delegation was led by Asif Iqbal Burza, Director Ahad Hotels and Resorts and Chairman CII Kashmir Zone.
 The delegation raised a number of issues with Moily urging him that the office of the Registrar of Companies be opened in Srinagar. Pertinently, prior to its closure in the Valley in 1990s, the office was operating here.
 While demanding setting up of Advisory Committee for Handicraft Industry in Kashmir, the delegation suggested to the Ministry to motivate “some big companies to come forward and explore the possibility of starting Water Transport System on River Jhelum which will help in easing the traffic and also serve as a tourist attraction.”
 Dr Amit Wanchoo, Director Eaton Laboratories, who was part of the delegation suggested that Ministry of Corporate Affairs should launch a campaign in J&K to create awareness about setting up an enterprises.
 Burza in the meeting said that Kashmir is a “safe place” to visit and this message “should be spread by the ministry across India.”
 Responding to the queries Naved Masood, Secretary Corporate Affairs, Government of India “appreciated the issues raised by the CII members,” the CII in a statement said.

Lastupdate on : Sat, 26 May 2012 21:30:00 Makkah time
Lastupdate on : Sat, 26 May 2012 18:30:00 GMT
Lastupdate on : Sun, 27 May 2012 00:00:00 IST




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