JammuMinister for Finance Dr Haseeb A Drabu Friday said the government is alive to the problems of people associated with trade, commerce and industry and the State Government is taking all the requisite measures to supplement the biz-friendly environment in the State to expand economic activity.
He said the Goods and Service Tax (GST) regime has provided an opportunity to clean up the system and very soon the desired results would be seen on the ground.
The Minister said this during series of pre-budget consultations with the representations of various business & trade associations and other stakeholders, here today.
Principal Secretary Finance, Navin Kumar Choudhary, Commissioner Commercial Taxes, P I Khateeb, Excise Commissioner Javed Khan, DC Commercial Taxes Bal Krishan, DC Excise and other senior officers of Finance and Commercial Taxes and Excise Departments were present during the consultations.
Various suggestions were received from representatives of Press Club of Jammu, Chamber of Commerce and Industry Jammu (CCIJ), All J&K Transport Welfare Association Jammu, Federation of Industries Jammu, All Jammu Hotels & Lodges Association, Jammu Hotel Restaurant & Bar Association, Confederation of Indian Industry (CII), PHD Chamber of Commerce and Industry and Chamber of Trader Federation Jammu.
JKCC Blames Drabu For Mess In Economy
The Jammu and Kashmir Coordination Committee (JKCC), an amalgam of trade, commerce, industry, tourism and others, has resolved to boycott the annual pre-budget meeting with the officials of finance department headed by the Finance Minister.
A resolution to this effect was adopted by the JKCC in a meeting held on Friday to deliberate upon the letters of invitation received by various constituent organizations for attending the said meeting scheduled for 23rd December onwards.
All the constituent organizations of JKCC have decided to abstain from participating in these meetings which have been rendered to mere rituals and have done more damage to the economy than any good.
JKCC blames the present Finance Minister for all the mess in the economy of J&K which is at the verge of near collapse. Expecting any positives from the person, responsible for surrendering the fiscal autonomy of J&K through GST regime besides bringing harsh Acts like SARFAESI etc, would be utter foolishness on the part of trading fraternity.
However, JKCC is not with a closed mind and is not averse to meeting and explaining to the state chief minister of the mess and damage inflicted upon the economy by lopsided, unwise and deceitful decisions and policies.
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