Modi’s Make-in-India campaign reaches Kashmir
With Prime Minister, Narendra Modi’s ‘Make in India’ campaign reaching Srinagar, the state authorities have begun discussing measures for ease of doing business in Kashmir with stakeholders.
With Prime Minister, Narendra Modi's 'Make in India' campaign reaching Srinagar, the state authorities have begun discussing measures for ease of doing business in Kashmir with stakeholders.
In this connection Financial Commissioner, Industries and Commerce, Khurshid Ganai, held an interactive session under the theme 'ease of doing business in Jammu and Kashmir' with stakeholders on Saturday at SKICC, here, , a senior official of Industries department said.
Make in India is a major national programme designed to facilitate investment, foster innovation and enhance skill development.
"The ease-of-doing-business is part of the Make in India campaign launched by Prime Minister Modi to encourage investments in the private sector," he said.
The Financial Commissioner at the interactive session took suggestions from the stakeholders to be incorporated in New Industrial Policy as the existing policy is coming to end on March 31, the official said.
The state government, as per the official, is working in tandem with the centre government's initiative to encourage young entrepreneurs in the private sector.
The local stakeholders including the members of the business chamber of Kashmir participated in the meet.
President, Federation Chamber of Industry Kashmir (FCIK), Muhammad Ashraf Mir said they suggested various measures to the government to encourage private businesses by easing ways of doing business.
"We also suggested several things to be incorporated in the industrial policy so as to encourage young entrepreneurs," he said.
"We suggested that there should be single window clearance system for investors. Although this system exists on papers, it is nowhere on the ground. The entrepreneurs are made to run from pillar to post to get their projects cleared," Mir said.
"Therefore, our suggestion was that a high powered single window should be formed with members who have the competence to take decisions on the spot," he said.
Mir said they suggested that norms for getting pollution control clearance for businessmen should be eased.
"Our young entrepreneurs face lot of problems in getting pollution control clearances. The renewals of consents are unduly delayed by the Board and have given rise to corrupt practices. It is suggested that the consents by the pollution control board should be kept valid for longer periods," Mir said, adding that the renewal fee should be reduced.
"Further we suggested that micro scale units should be exempted from licence and renewal fee and the small scale units should be charged a uniform fee of Rs 5000," he said.
FCIK suggested that powers of sanctioning load agreements should be delegated to field officers of PDD.
"In J&K the power of sanctioning connections is centralized and for a power load exceeding 200HP one has to go to the Secretariat level. Adequate powers should be delegated to Superintending Engineer and chief engineer for power load sanctions," he said.
On Commercial taxes, FCIK suggested single tax collection.
"The check post at Lower Munda should be removed given that the goods coming to the Valley are checked at Lakhanpur. The Lower Munda check post has become a den of corruption," he said.
"The DIC registration should be sufficient document on the basis of which TIN is generated. At present the commercial taxes department demands many more documents before registration. The toll tax exemption given to Industry has been made subject to many audit certificates and physical inspections and most of the units shy away from claiming the incentive. This incentive should be given on self declaration basis," Mir said.
President, Kashmir Chamber of Commerce and Industry, Sheikh Ashiq said, "We at the meeting urged the authorities to have separate and exclusive policy for the export sector and norms should be eased to encourage and woo youngsters to manufacturing sector," he said.
To mention, India has been ranked at 142nd position out of 189 countries by the World Bank on the parameter of ease of doing business.