New Delhi, July 13 (KNN) The state MSMEs and start-ups will flourish only when the ease of doing business initiative is positively adhered to by all the concerned, said Kashmir industry body.

The Federation Chambers of Industries Kashmir (FCIK) President Mohammad Ashraf Mir while expressing gratitude to the State Administrative Council (SAC) for granting exemption of turnover and experience condition usually present in tenders and work contracts to startups and MSME has said this.

In a written statement, while expressing gratitude to SAC for the exemption he said the conditions were a major stumbling block for the local MSMEs and startups.

This was a long pending demand of FCIK and the exemption would go a long way in providing a level playing field to the sector, he added.

Further, he appreciated the efforts of commissioner secretary industries Shailender Kumar in realizing the demand.