JAMMU: A delegation of Confederation of All India Traders (CAIT), Jammu Kashmir Ladakh Chapter led by Neeraj Anand, president, called upon Additional Chief Secretary, Atal Dulloo and apprised him about various issues confronting the business community of the Union Territory. Anand sought Dulloo’s personal intervention to help businesses tide over the impact of Covid-19 and to direct banks and other financial institutions to follow “handholding” as guiding principle until normal business environment resumes.
Attar Singh, Raman Gupta, Shiv K Gupta, Dinesh Gupta,Tushar Mahajan, Manish Gupta and Ms Pooja Kapoor were part of the delegation. A memorandum was also handed over to Dulloo who assured the delegation of appropriate action wherever required to boost business in Jammu and Kashmir. The main issues projected included, ambiguity in land laws and nomenclature, difficulties of the MSME sector, burning issues of Tourism dependent trades like small time taxi operators, vendors, travel guides, guest houses, hotel owners, drivers etc, who need special focus and cash incentives to sail through the current challenging times, small traders who have exhausted their capital due to corona also need attention.
The visiting delegation also projected the issues related to Excise Policy clarifications, up-gradation of Power infrastructure, renewal of lease hold rights of Narwal Fruit Mandi, alternate road connectivity to Narwal Mandi, inclusive growth under Industrial Policy, release of payments and incentives to small scale industries, proper development and repair of roads and drains in Transport Nagar/ Yard and provide compensation to non-functional trades, which are still not functional due to Covid.
Many banquets halls and dependent trades are passing through tough times and facing existential issues. There is urgent need to support them, they said.
