Jammu FOI interacts with Prabhu, discuss issues

Jammu, May 16: A delegation of Federation of Industries Jammu under the Chairmanship of Lalit Mahajan, Chairman FOIJ met with Suresh Prabhu, Union Minister of Commerce and Industry Govt of India at his office at New Delhi in presence of Ajit Lal Bawa, Co-Chairman, Pardeep Vaid Secretary General, Ajay Langer Convener, FOIJ, Gagan Jain and Vivek Singhal, Executive Committee Members of the Federation of Industries, Jammu.
During the course of discussions, Mahajan raised the issue in respect of Non Release of Funds for the Pending Claims of DIPP Central Package of Incentives, J&K and pending Cases with Empowerment Committee for approval, One Time Relaxation of Condition for the submission of Claims under DIPP Package of Incentives, Appointment of Managing Director in Jammu and Kashmir Development Finance Corporation by the Department of Industrial Policy and Promotion, Extension of Income Tax Reimbursement, Central Govt. GST and Freight Subsidy Incentives to J & K Industrial Sector at par with the North Eastern States which will open the doors for new investment & employment opportunities to the local youths in the State, Compulsory Purchase by Central Govt. Organization from J&K Industry, Setting up of Mother Industry to boost the local industrialization in our State, Reduce Export Obligation for units in the State of Jammu & Kashmir in Foreign Trade Policy 2009-14 & EPGC Scheme.
The Minister assured the delegation that the matter shall be to resolved on priority basis.