Govt threatens to cancel mine leases of wilful defaulters

FCIK demands extension in tax amnesty


Jammu, Jan 8: Minister for Industries and Commerce, S S Slathia today said that mine lease deeds of all the wilful defaulters will be cancelled shortly, while calling upon the lease holders to pay their dues on account of royalty as early as possible.
 Interacting with a delegation of Federation Chamber of Industries Kashmir (FCIK) at Civil Secretariat on Tuesday, Slathia, according to an official statement, said some lease holders have become habitual of retaining royalty without any reason or logic despite repeated reminders which is causing loss to the State Exchequer. 
 He said the government will now act tough against all such wilful defaulters.
 Salathia said the government has initiated a process to revisit the existing State Industrial Policy, which is expiring in 2015, to form a broad-based blue print for new SIP, in which all the stake holders including members of the FCIK and FCIJ will be taken on board.
 He assured the delegates that the price preference to SSI units in purchases and supplies through J&K SCIOP will be ensured and the relevant circular in this regard shall be enforced.
 He said the government will explore all available channels to provide marketing cover to the SSI units of the State.
 He said that every possible effort will be made to provide modern fire control systems in each Industrial Estate including the IE Lassipora, Pulwama. A modern fire station has already been established in Industrial Estate Rangreth.
 The FCIK delegates said the construction of large number of school buildings under RAMSA, through single tender system by PWDD R&B goes against the interest of the SSI sector and sought “option for SSI units also in these works.”
 They sought amnesty on loans in favour of the viable sick units, who want to clear their outstanding in one go.
 The delegates also demanded allotment of suitable pieces of land to the FCIJ and FCIK in Jammu and Kashmir respectively for construction of guest houses which would be used by its members/entrepreneurs when they visit to the twin cities in connection with their tours.
 Commissioner/Secretary, R&B Department, Tanveer Jehan, President, FCIK Zahoor Ahmad Bhat, senior Vice President, Muhammad Ashraf Mir, Vice President Javid Ahmad Bhat, Secretary General, Nazir Ahmad Sheikh and District President Islamabad (Anantnag) G M Tramboo were also in the meeting.

Lastupdate on : Tue, 8 Jan 2013 21:30:00 Makkah time
Lastupdate on : Tue, 8 Jan 2013 18:30:00 GMT
Lastupdate on : Wed, 9 Jan 2013 00:00:00 IST

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