JCCI meets Union minister Pankaj Choudhary; bats for setting up of new PSUs in railway, defence in Jammu region
A delegation of JCCI met Choudhary here and submitted a memorandum, which, among other things, demanded setting up of new public sector undertakings by the government to generate employment and give fillip to the economy of the Union territory
The Jammu Chamber of Commerce and Industry (JCCI) on Tuesday met Union Minister of State for Finance Pankaj Choudhary here and batted for establishing new public sector undertakings in railway and defence sectors in the Jammu region.
A delegation of JCCI met Choudhary here and submitted a memorandum, which, among other things, demanded setting up of new public sector undertakings by the government to generate employment and give fillip to the economy of the Union territory.
See Zee Business Live TV Streaming Below:
Led by JCCI President Arun Gupta, the delegation also sought refund of SGST to industrial units and benefits of new industrial policy to existing unit holders while opposing any move by big companies to open stores in the retail sector in the Jammu region.
"There is a dire need for establishing new public sector undertakings in the Jammu province; and in this regard, the industries of railway and defence sectors are the best options.
"Such units should be established by the central government as it will undoubtedly generate huge employment opportunities for the youth besides giving a fillip to the UT's economy," Gupta told the minister.
The Union minister reached Jammu on Monday as part of the central government's public outreach programme and held a series of meetings with government officials besides interacting with BJP leaders and various delegations.
On September 22, the JCCI sponsored a strike in the Jammu region against alleged "directionless policies" of the government detrimental to the interests of the business community.
Among other things, the chamber expressed its resentment against the decision of the lieutenant governor administration to stop the 'Darbar move' under which the government used to rotate its seat between the twin capitals for six months each.
The Gupta-led delegation sought refund of SGST to industrial units of UT of J&K and also demanded the benefits of the recently announced New Industrial Policy to the existing industrial units of the Jammu region, the JCCI said in a statement here.
Expressing resentment over the opening of retail stores by big companies in Jammu, the JCCI said "if this happens then the small shopkeepers of Jammu will be ruined and their shops will be closed".
The delegation also pitched for tapping of the huge tourism potential in Jammu province, the statement said.
The JCCI said the delegation also discussed various other issues, including stopping of darbar move, clarity on land and labour policy, completion of pending projects, delay in payment to contractors, issues of wine traders, sand mining and crushers and brick kiln trade.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Tamil Nadu Weather Alert: Chennai may receive heavy rains; IMD issues yellow & orange alerts in these districts
SIP vs PPF: How much corpus you can build in 15 years by investing Rs 1.5 lakh per year? Understand through calculations
SIP+SWP: Rs 10,000 monthly SIP for 20 years, Rs 25 lakh lump sum investment, then Rs 2.15 lakh monthly income for 25 years; see expert calculations
Top 7 Mutual Funds With Highest Returns in 10 Years: Rs 10 lakh investment in No 1 scheme has turned into Rs 79,46,160 in 10 years
SBI Senior Citizen Latest FD Rates: What senior citizens can get on Rs 7 lakh, Rs 14 lakh, and Rs 21 lakh investments in Amrit Vrishti, 1-, 3-, and 5-year fixed deposits
08:43 PM IST