Jammu Industrialists Claim Most Industries in J&K Closed, Others On Verge.

In a press release issued to the press, Ladakh, Jammu Kashmir Economic Growth and Development Dialogue (LJK-LEAD) said they interacted with the members of Jammu CCI taking stock of the problems being faced by them.

Arun Gupta, President of Jammu Chamber of Commerce and Industries presented the welcome address on the occasion.

He highlighted the main issues and problems and issues of the traders and industrialists of Jammu Kashmir especially due to the setback received due to lockdown and other restrictions during the Covid-19 pandemic.

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He said industrialists are facing a huge economic crisis with a lot of concerns already closed besides others on the verge of closure awaiting a helping hand from the Govt and its agencies for their rehabilitation through financial support augmented by commerce and industry-friendly schemes well formulated to overcome the problems of the business community.

The CCI President Arun Gupta said that Industrialists of Jammu are facing numerous problems due to the non-productive policies of JK Admin.

He said that on one hand the government is inviting investors from other states and seeking foreign investment while the already existing industries continue to be the worst sufferers.

During their interaction with the LJK-LEAD team, the CCI office bearers and Industrialist members said that the Government does not listen to the vital stakeholders’ suggestions and woes.

They said that Govt should encourage existing industrialists adding that on-ground lack of miscommunication between Govt and stakeholders is further adding to their woes.

“Seeking expansion model for the existing industries they alleged that there is no proper start up schemes for the industrialists in J&K and most probably it is because of this that practically no start up venture is visible on the ground,” they said.

After giving the CCI members a patient hearing, Director Sunil Shah said that the LJK-LEAD team led by him is working relentlessly with the aim to reduce the gap between Govt and industrialists.

He asserted that his team will make level best efforts to establish a strong bridge between these two significant components of the society in J&K.

Emphasizing that the economy of the nation, states and the Union territories depend substantially on the commerce and industries sector, he said that he will take up all the issues highlighted by CCI before the government so that the gap between the Govt and stakeholders would be reduced to a bare minimum.

LJK-LEAD team visits Chamber House, assures to reduce the communication gap between Govt and Industrialists, the press release read.

Those present in the meeting include Sh. Anil Gupta, Sr. Vice President CCI, Sh. Rajeev Gupta, Jr. Vice President CCI, Sh. Gaurav Gupta, Secretary-General, Sh. Rajesh Gupta, Secretary, Sh. Rajesh Gupta, Treasurer, Sh. Lalit Mahajan, President Bari Brahmana Industrial Association, Sh. Rajesh Jain, Sh. Jagdish Langer, Sh. T.S.Reen, Sh. Pardeep Vaid, Sh. Bansi Lal Gupta, Sh. S.B.Abrol, Sh. Anil Raina, Sh. Anil Gupta, Sh. K.K.Khosa, Sh. A.S.Sachdeva, Sh. Balbir Gupta, Sh. Sahib Saroop Gupta, Sh. Surinder Mohan Gupta, Sh. Ravi Gupta, Sh. Harinder Gupta, Sh. Deepak Gupta