Srinagar: Federation Chamber of Industries Kashmir (FCIK)’s Administrative Council – the apex body of Kashmir’s industries spread over several industrial estates – has expressed its dismay over the cancellation and eviction process of the allotted industrial plots in industrial estates in the JK.
In a statement, FCIK said that the “Industrial Sector in Kashmir has gone through a tough time since last decade where the series of unprecedented events has taken place which has jolted the industrial sector.”
“The administration should note that unconducive atmosphere has made the Reserve Bank of India (RBI) introduce the rehabilitation and restructuring schemes for the business community five times since 2014 after floods, unrest, and twin COVID lockdown. The enterprises have dried up their capital by paying off their establishment cost during the lock downs. On the other hand, the JK administration is issuing such orders which are against principle slogans for promotion of Industrial sector by the administration”, FCIK further said.
Administrative Council Members present in the meeting expressed serious concern in respect of administration order 233-Ind of 2021 dated 22-11-2021 issued by the Industries and Commerce Department for the nomination of General Manager, JKSIDCO, Jammu and Kashmir Division as Member for eviction process with regard to cancellation of lease deed and eviction of allottees in Industrial Estates Managed by JK SIDCO.
Observing that “it is unjustified to cancel the lease deeds of such closed units which are having Permanent Registration with Industries Department closed since last few years due to unforeseen circumstances, FCIK further said that the constraints faced by units are non-availability of supply orders, Change of the constitution, financial constraints, transfer to legal heirs on the death of the promoters etc.
FCIK also referred to the Order No.214-IND of 2021 dated 02-11-2021 for the constitution of Sub-Committee for examining the proposal for the grant of extension in the validity of provisional registration in respect of units that were provisionally registered prior to the notification of JK Industrial Policy 2021-30 in accordance with the directions issued in the meeting of 47th Apex Project Clearance Committee held on 02-09-2021 with the directions to submit the report and to be followed by the 48th APCC scheduled on 8,12,2021.
The renewal cases of provisional registration of Industrial units, which have already taken effective steps in respect of the installation of machinery, construction of factory building, and placed orders for the machinery, are now awaiting the approval of the Apex Committee, it said.
“The administration should allow and facilitate the existing disinterested and tired entrepreneurs to transfer their units to a new breed of entrepreneurs with fresh blood and mind. Further, provide an exit route to the sick unit by allowing transfer of its ownership/leasehold rights to another entrepreneur if the revival and rehabilitation is not possible”, the apex industrial body further said.
FCIK has demanded that the eviction order should be immediately kept in abeyance and the administration should look into the problems of such units and redressal of same.