Trade & Industry needs government support to fight corona virus

-SATISH HANDA

Addressing media persons, State President Haryana Pradesh Vyapar Mandal and General Secretary National Vyapar Mandal Bajrang Garg a former COINFED chairman in Haryana state said that industry in Haryana state facing severe economic crisis at present needs immediate government support to remain alive for which entrepreneurs in the state need attractive packages and concessions. He said, there is need for setting up fresh industry in the state to create employment opportunities for unemployed youths. Garg demanded government to provide land to entrepreneurs at subsidized rates for setting up new industry, reduce electricity tariff for industry nearly 50%, reduce GST slab on instruments enabling to reduce their production cost and compete manufacturers in other states as well as countries, provision for attractive subsidy on purchase of new machinery, waive off SGST for a period of five years for new industry set up under Prime Minister Narender Modi’s flagship initiative drives ‘Make in India’ and ‘Start up’ in the state, make available loan facilities from banks for such industry in the sate.

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Garg said, state government has directed private sectors in the state to provide 75% jobs to youths belonging to the state to meet increasing unemployment, but should also clarify how many new industrial units have been set up in the state in past five years and also indicate the number of industrial units in the state turned sick, closed down their shutters, shifted to other states in this period, besides also specify the number of MOUs agreements claimed finalised or signed by the state government with firms in other countries appeared on headlines in the newspapers from time to time in past years and how many of them are under process likely to be finalized.

According to Haryana Vyapar Mandal members, aim of Modi’s dream projects ‘Make in India’ and ‘Start up’ was efficient utilization of country’s talent for economy and resources in manufacturing secto, generate employment opportunities for Indian masses and promote domestic manufacturers. They said, BJP government focussing on ‘Make in India’ to make country globally recognized and improve quality. Similarly, ‘Start up’ programme  launched in the country on January 26, 2016 recognized as many as 15113 units including 45% by female entrepreneurs in 24 states spread across 492 districts, of them 13176 units created 1,48,897 jobs but these projects failed to fulfil desired results since only 18% of them were seen satisfied with these schemes.

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Science industry in Haryana at Ambala and Bhiwani as well as spread in other parts in the country at Mumbai,  Chinnai, Bangluru, Hyderabad and Delhi in past about two decades is likely to have severe shock in future due to ‘corona virus’ fever spread in China one of the biggest country producing scientific instruments across the world, even flooded our domestic markets with educational, research and medical instruments including microscopes manufactured by them. In view of ban over export- import of these instruments due to present disease the entrepreneurs predict that Chinese products would not be available in our domestic markets after a month or so.

According to information scientific goods traders at Ambala has already removed such instruments from their counters or have increased 15-20% prices on instruments imported from China. Information also reveals, large numbers of scientific instruments consignments ordered by Indian exporters have been held up on the way or at ports and advance payments made by them against orders have blocked. There are nearly 10000 micro and small manufacturers of scientific and medical equipments at Science City Ambala doing yearly business worth Rs 1500 crore including exports to nearly 15 countries like USA, Australia, Europe and other Asian countries across the world but since past few years Indian manufacturers were facing tough competition with the manufacturers in China due to their lesser prices.

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