KCCI delegation calls on Dy CM, submits demands

KCCI delegation calls on Dy CM, submits demands
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‘Govt keen to promote JK’s industrial sector’

SRINAGAR: Jammu and Kashmir Deputy Chief (Dy CM) Mnister, Kavinder Gupta on Thursday said that the state government was keen to promote industrial sector “which is key to the economy of the state”.
He sought cooperation from Kashmir Chamber of Commerce and Industry (KCCI) in ensuring conducive atmosphere in the valley, “which is must for the prosperity of this vital sector,” a handout read.
A 5-member delegation of the Kashmir Chamber of Commerce and Industry (KCCI) headed by its President, Javid Ahmad Tenga had called on the deputy chief minister to discuss issues related to the industry sector.
The delegation submitted a memorandum of demands to the deputy chief minister and urged for addressing these at the earliest. The issues highlighted in the memorandum included representation of KCCI in the JK Trade Promotion Organisation, industrial package on the pattern of northeast states, land transfer of Zainakote Industrial Estate, further streamlining the LoC trade and other allied issues confronted the Kashmir Industry, an official handout read.
The deputy chief minister, who is also minister in-charge industries and commerce assured the delegation to examine all the highlighted issues on priority and their appropriate disposal.
Referring to his recent meeting with Indian prime minster regarding the promotion and special incentives for the industries in the state on the analogy of north-east states, he said the government would maintain close coordination with the Kashmir and Jammu Chamber of Commerce and Industry for achieving better results, the handout added.

Amnesty on power tariffs of hotels, resorts at par with industries
Meanwhile, Kashmir Chamber of Commerce & Industry (KCCI) on Thursday hailed the Minister of Finance, J&K Syed Altaf Bukhari for considering hotels/resorts at par with industries so far as power tariff is concerned.
In a statement, KCCI President Javid Ahmad Tenga welcomed the government decision to treat hotels and resorts at par with Industries in so far as power tariff is concerned.
“The decision was long awaited after the tourism sector was declared as industry back in 1995 and the government had of late included it in 2018-19 budget announcements to treat hotels/resorts at par with industries. This will give a great relief to the hotel industry which has been suffering due to decline in tourist inflow over the past several years,” Tenga said in the statement.
“Sanction is hereby accorded to the treatment of hotels and resorts at par with the industries so far as payment of power tariff is concerned, subject to the condition that the hotel/resort is registered with the J&K Tourism Department,” a Government Order No. 267-FD of 2018, Dated 30-05-2018 read.
The order shall be deemed effective from April 1, 2018.