Govt announces amnesty for business community

Govt announces amnesty for business community
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Waives off interest, penalty, surcharge on power

Srinagar: Jammu and Kashmir government has announced amnesty scheme for business community waiving off their interest, penalty and surcharge on power.
According to an order, “hoteliers, tourist resort owners, small scale industries, and sick industrial units will get waiver off 100 percent interest and penalty on all the power arrears”.
The scheme has been announced in the backdrop of PDD’s failure to recover the heft amount from JK government, Indian forces, NGOs and top business houses figured in Power Development Department’s (PDD) ‘defaulter list’ of electricity consumers who have not paid bills since 2012. The PDD has also made their names public in newspapers.
The order which was issued by Principal Secretary Finance Department, Navin K Chowdry has asked them to pay their dues either in one go, or in three equal installments by or before September 30, 2018.
Any default, the order said, in payment in accordance with the scheme shall debar the consumer from benefits of the scheme.
At present, Army Goodwill School Lidroo, Pahalgam owes Rs 24.44 lakh, Ghulam Nabi Nadaf (Ikhwan Hotel) occupied by CRPF owes Rs 10.4 lakh. Indian government-run Bharat Sanchar Nigham Ltd, Gandhinagar office owes Rs (12.87) lakh, business houses like, Reliance Communications owes Rs 14.55 and Airtel owes Rs 21.43 lakh.
Similarly, government departments like JK Minerals owes Rs 260 lakh, Bhillawar Chairman Municipal owes 48.36 lakh and Manager Hari Niwas Palace owes Rs 82.34 lakh to the department. Secretary of the internationally known NGO Red Cross owes Rs 14.22 lakh.
PDD in the list has named 132 defaulters most of them are from Jammu around 104 in number while the rest are from the Kashmir region. In gross total, the defaulters owe more than Rs 123 crore, of which more than Rs 100 crore are from the Jammu region. The list does not include those who have dues less then Rs 10 lakh.
The indiscipline has caused burden on state exchequer over the last many years. At present the state pays more than Rs 2500 crore each year to meet the energy requirements in the state. Time to see, what action would the department take against defaulters this time.