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Govt to facilitate industry, incentivise businesses: CM

Chief Minister Mehbooba Mufti today said her government is working to facilitate the industry and trading community in the State as Jammu & Kashmir “is first on many counts to incentivise business and industry”.

Chairing the 7th Industrial Advisory Committee meeting here today, the Chief Minister said her government took many reformative steps to encourage and instill confidence among the industry. She said Jammu & Kashmir is the first state to roll out incentives under GST and even major reforms in labour laws in the State were undertaken by the government.

Deputy Chief Minister, Dr. Nirmal Singh; Minister for Industries & Commerce, Chander Parkash Ganga; Minister for Finance, Dr. Haseeb Drabu and Minister of State for Industries & Commerce, Asiea Naqash were present in the meeting.

Mehbooba Mufti directed constitution of a committee headed by Chief Secretary to follow the cases of payment of rent in respect of industrial units against which rent is due from police and other security agencies. She asked the committee to conclude the process at the earliest.

During the meeting, Chief Minister was briefed about many steps being taken by the government to ease the business activity in the State besides the issues flagged by the industry representatives from time to time.

The meeting was informed that the process of providing round-the-clock power supply to Industrial Estates is on with laying of infrastructure, cables and transformers.

The meeting was also informed that many items have been removed from the negative list of items being imported into the State on the suggestions of the trade representatives.

During the meeting, many of the representatives thanked the government for rolling out many incentive schemes for business and industrial sector and taking steps for encouraging business activities in the State, an official press release said.

On the occasion, the Chief Minister unveiled the latest issue of ‘Sanat o Hirfat’, a coffee table book of the Industries department detailing the facilities, incentives and opportunities in the field.

Principal Secretary to Chief Minister, Rohit Kansal; Principal Secretary, Finance, Navin Choudhary; Commissioner-Secretary, Industries & Commerce, Shailendra Kumar; administrative secretaries of various other Departments; representatives of trade and industry and other senior officers were present in the meeting.

Meanwhile, Chief Minister has stressed on developing knowledge industry in the State and working out necessary infrastructure to create quality human material at the national level.

Speaking at the presentation of recommendations of the ‘Knowledge Initiative’ set up by the government some time back, the Chief Minister said with the coming up of many institutions of higher learning, there is a consequent opportunity to create a knowledge hub which would lead to a knowledge industry whereby the State can produce quality human material at the national and international level.

Agreeing with the recommendations of the report, Mehbooba Mufti asked for converting it into an Action Plan and thereby executing the same for creating a knowledge industry in the State.

She said there is a need to re-work the relationship between academia, industry and job market for which she said the recommendations would be of great value.

The Chief Minister said there is a need for making education knowledge-based with all the inputs of a local system whereby the passed-out of a course are automatically trained for a job based on the knowledge gained. In this regard she stressed on working out apprenticeships, incubation centres and other interactions between colleges and the industry.

The meeting was informed that the report of the ‘Knowledge Initiative’ was more of a stakeholders’ analysis based on the interactions with students, teachers, industry representatives across all the three regions of the State.

Minister for Education, Syed Altaf Bukhari; Advisor to Chief Minister, Prof. Amitabh Mattoo; Chief Secretary, B B Vyas; Principal Secretary to Chief Minister, Rohit Kansal; Principal Secretary, Higher Education, Dr. Asgar Samoon and other senior officers besides representatives of Knowledge Initiative were present during the presentation.

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