J&K’s trade policy on anvil: FC Industries

JAMMU: To discuss issues related with Trade Policy, Labour and procurement of raw material for industrial use, Financial Commissioner for Industries and Commerce Khurshid Ahmed Ganai Tuesday held a review meeting of different units of the department.
According to an official spokesperson, the meeting was attended by all the heads of department, including directors of Industries and Commerce for Kashmir and Jammu, Director Handloom, Director Handicrafts, Managing Directors of Handloom Dev. Corp, J&K SICOP, J&K SIDCO, JK Mineral Limited, JK Cements, JKI and KVIB.
Besides Trade Policy, Labour, procurement of raw material, the acquisition of land to strengthen the Land Bank, implementation of Handloom Act in the J&K State and e-governance were discussed in the meeting.
In reference to draft Trade Policy, it was decided to organize a meeting under the Chairmanship of Economic Advisor for finalizing the draft Trade Policy. Further, the Financial Commissioner directed the Director Handloom & Handicrafts, Director Industries Kashmir for gathering feedback regarding procurement of Pashmina from Ladakh in consultation with Handloom Development Corporation. He also stressed for studying models being followed by other countries for the development of Pashmina.
The Financial Commissioner also emphasized the importance of land for the development of Industrial Estates in order to attract new investment in the State and also to provide employments avenues opportunities to the unemployed youth. While reviewing the status of existing Estates, he directed to ensure proper utilization of land.
In order to further streamline the functioning and monitoring mechanism, the Financial Commissioner directed creation of website for each department and its inter-department linkage within the Industries Department and other related departments. He instructed the creation of these websites shall be precursor towards implementation of e-governance in the Department.
In another meeting, Ganai also reviewed the functioning of District Industries Centres of Jammu province.
The meeting reviewed implementation of State and Central package of incentives available for setting up Industries in the State of Jammu & Kashmir.
The Financial Commissioner directed all General Managers to act as facilitators and encourage setting up of enterprises which are based on raw materials available locally in the area so that their viability improves. He stressed that small clusters of Micro and Small Enterprises in areas like Kishtwar, Surankote, Sunderbani, Mandi, Ramnagar, Ramban, Banihal, Gool etc. can go a long way in generating employment in these areas. He also instructed the General Managers to encourage local youths to establish pre-fabricated steel / RCC structure items, Food Processing, Poles etc. industry and also Service Industries along the National Highway and in the areas connected through Railway lines. The Financial Commissioner stressed the need for capacity building in the department and skill development programme for prospective entrepreneurs. He instructed the Officers to examine the possibility of providing requisite financial support for the purpose.
The implementation of Prime Minister’s Employment Generation Programme [PMEGP] was also reviewed and all the General Managers were instructed to take timely action in sponsoring the cases to Banks during the current financial year.