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10/05/2019 11:43am

Local small units are being given step motherly treatment: FOIJ

image Local small units are being given step motherly treatment: FOIJ

Jammu, May 10 (KNN) The Federation of Industries, Jammu (FOIJ) has expressed strong resentment over the total neglect of local micro/small industrial units by State Government.

Chairman of FOIJ, Rattan Dogra alleged that local small units are being given step motherly treatment as there is no set of incentives either for existing or ensuing units.

Entire focus of the Government is upon providing fiscal incentives to select few units of their blue eyed boys and promote their vested interests, he pointed.

In a press statement, he said “After the adoption of GST regime by the State Government, association of Industries (AOI) had drawn the attention of the previous Government and also present Governor’s administration to take effective remedial measures to restore the competitive edge that existed in VAT regime.

AOI has reasons to believe that local Micro/Small units are deliberately been penalized as almost entire segment of Micro/Small units, is promoted by ‘sons of soil’ who provide employment to the local populace, he added.

He mentioned that the recent announcements by the State Government to attract fresh investment of huge capital investment of over Rs 50 crores in single unit, shall only be instrumental of further neglect of existing local micro/small sector as such units if at all consider to establish their manufacturing base in the state.

Moreover, the manufacturing process of such envisaged units shall be based upon technically more advanced and modern plant and machinery operated by highly skilled and trained manpower which the state is unable to provide due to lack of adequate matching training facilities through its existing institutions as such local populace shall not at all be able to be considered for employment in such units, FOIJ’s Chairman pointed.

Over the above mentioned concerns, Dogra invited the attention of Governor and Advisor Industries and Commerce and Finance Department to personally intervene into the matter.

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