FOIJ demands timely completion of languishing projects

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STATE TIMES NEWS

Jammu: On behalf of Federation of Industries Jammu (FOIJ), Lalit Mahajan Chairman FOIJ and Presidents of the Industrial Associations of Jammu Province expressed gratitude towards Manoj Sinha, Lt Governor for granting sanction to create New Industrial Estates in Union Territory of J&K.
Lalit Mahajan, Chairman FOIJ said that development of more Industrial Estates which will go a long way in boosting Industrial scenario in J&K to generate employment opportunities and contribute to the local economy, for which Industrial Policy 2020 is already under active consideration of Govt of India. “It has been brought to our knowledge from a News Item published in January 01, 2021 edition of a leading Newspaper that recently a meeting of JKIDFC was held under the chairmanship of Managing Director Dr Arun Kumar Mehta to review languishing & non-initiated projects out of which 21 projects of Industries & Commerce Department will be dropped from funding under JKIDFC,” he added. The member urged Lt Governor Manoj Sinha and Manoj Kumar Dwivedi, Commissioner/Secretary, Industries & Commerce Department to kindly intervene into the matter to ensure that JKIDFC should provide requisite funds for up-gradation of existing Industrial Estates & development of New Industrial Estates in time bound manner to provide land to Prospective Entrepreneurs for which proposed New Industrial Policy 2020 is at final stage.

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