FCIK demands revocation of industrial land eviction process

FCIK demands revocation of industrial land eviction process
Representational ImageFile/ GK

Srinagar, Dec 6: Federation Chamber of Industries Kashmir (FCIK) has expressed concern over the cancellation and eviction process of the allotted industrial plots in J&K.

In a statement, FCIK said that the industrial sector in Kashmir has gone through a tough time since the last decade where a series of unprecedented events has taken place which has jolted the industrial sector.

“Administrative Council members present in the meeting of FCIK expressed serious concern in respect of Govt order 233-Ind of 2021 dated 22-11-2021 issued by the Industries and Commerce Department for the nomination of General Manager, JKSIDCO, Jammu and Kashmir Division as Member for eviction process concerning cancellation of lease deed and eviction of allottees in Industrial Estates Managed by J&K SIDCO.”

“It is unjustified to cancel the lease deeds of such closed units which are having permanent registration with Industries Department closed since the last few years due to unforeseen circumstances. The constraints faced by units are non-availability of supply orders, change of the constitution, financial constraints, transfer to legal heirs on the death of the promoters etc.”

"The government should allow and facilitate the existing disinterested & tired entrepreneurs to transfer their units to the new breed of entrepreneurs with fresh blood and mind. Further, provide an exit route to the sick unit by allowing transfer of its ownership/leasehold rights to another entrepreneur if the revival and rehabilitation are not possible."

FCIK has demanded that the eviction order should be immediately kept in abeyance and the government should look into the problems of such units and redressal of the same.

Greater Kashmir
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