Kashmir MSMEs Urges Govt. for The Revival of Sick Units

For rehabilitation of sick units which are on standstill for past four years, Kashmir Chamber of Commerce & Industry (KCCI) has sought immediate intervention of Director, Industries and Commerce Department of Kashmir.

KCCI Secretary-General, Farooq Amin said a meeting was held between MSME delegation led by Senior Vice-President Nasir Hamid Khan and  Director, Industries & Commerce Department of Kashmir, Bilal Ahmad Bhat. They discussed issues related to industries and commerce in Kashmir.

The delegation apprised the director that different policies should be applied from Lakhanpora to Leh so as to have balanced growth.

The statement also said, “Schemes namely   Capital investment Subsidy, Insurance, etc.  Should be advertised properly in all leading dailies and awareness programmes should be held periodically so that the maximum benefit can be availed by the members in Kashmir zone.”

“We requested the director to keep one expert officer in every district industries Centre to train and guide upcoming youth for the new Startup schemes,” said the statement.

The senior vice-president informed director that department should give special attention for skill development as unemployed youth are not employable as per the demand of industries there is a need of special training and courses to be started for making un-employed youth employable in Kashmir INC.

Houseboat owners and tour operators should be given MSME registration so that they can avail service sector benefits, the members stressed.

The statement said that issues regarding brand promotion and marketing were also put forward.

Director in response to all the queries assured that he will extend full support. In addition to this, he also assured that they would get an administrative order issued for making Kashmir Chamber of Commerce & Industry as a member in Administrative Council to redress all issues related to Industries & Commerce.

He also assured that he would reserve one expert officer for start-up scheme immediately in every District Industries Centre.