New Industrial Policy ‘Mischievous’: KCCI



KCCI President Mushtaq Ahmad Wani.
KCCI President Mushtaq Ahmad Wani.

The Kashmir Chamber of Commerce & Industry Sunday termed the incorporation of Clause 2.11.2 of the State Industrial Policy which allows non-State Subjects free access to land as “mischievous”.

The Chamber in a Special Meeting condemned the raking up of unnecessary controversies by a section of bureaucracy as a conspiracy to engage the State in further turmoil.

In a statement issued here, the KCC&I expressed regret at the attitude displayed by the administration in ignoring the letter of caution given through communication dated 9th of March, 2016. The communication had urged for a comprehensive discussion on the Draft Industrial Policy before putting it in public domain, which received no response. Instead, the Government decided to post haste implement the policy which could prove detrimental to the peace and stability of our fragile State.

The Kashmir Chamber has also taken a serious note of the role being played by certain centrally sponsored business organizations/chapters in promoting corporate interests aimed at diluting the interests of the State and its populace.

The KCC&I discussed the various consequences of such policies, which the Chamber has opposed throughout. The Kashmir Chamber is very much conscious of the need for protection of our limited land and assets. Any move which threatens the Special Status of our State shall be appropriately opposed.

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