SRINAGAR: The Federation of Chambers of Industries Kashmir (FCIK) has expressed deep disappointment over the exclusion of its representatives from the boards of key industry-related public sector undertakings (PSUs), including SICOP and SIDCO, following their reconstitution on Wednesday. This decision has been criticised as a missed opportunity to engage key stakeholders in shaping the industrial policies of Jammu and Kashmir.
In a statement, FCIK noted that, before the state reorganisation in 2019, it played an integral role in representing the industrial community, directly engaging with the government and influencing policy decisions. The exclusion of both FCIK and the Federation of Industries Jammu (FOIJ) from these boards undermines the role of stakeholders who have historically contributed to the region’s industrial development.
FCIK highlighted its disappointment given the industrial community’s expectations of the new government’s commitment to fostering growth through public-private partnerships. It emphasised that the exclusion risks creating policies disconnected from the realities faced by industries on the ground.
“Stakeholders like FCIK and FOIJ bring invaluable insights, experience, and knowledge. Their representation ensures that policies are well-informed and aligned with the sector’s needs,” the statement read, adding that decisions without such input often prove ineffective or counterproductive.
The organisation also stressed the need for fair and transparent evaluation of PSUs like SICOP and SIDCO, which play a crucial role in developing industrial infrastructure and providing services to industries. It called for greater accountability and collaboration to ensure these PSUs meet the highest standards.
FCIK has demanded the immediate restoration of its and FOIJ’s representation on the boards of industry-related PSUs and high-level decision-making committees. It believes such representation is vital for fostering transparency, accountability, and sustainable growth, as well as for attracting investment to the region.
FCIK President Shahid Kamili has personally raised the issue with Deputy Chief Minister Surender Kumar Choudhary and Advisor to Chief Minister Nasir Sogami. Both have assured Kamili that FCIK will be included in the boards of relevant PSUs. The chamber remains hopeful that the government will act promptly to address these concerns and incorporate authentic representatives of the industrial community in decision-making processes.
