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Page7local.Qxd (Page 1) DAILY EXCELSIOR, JAMMU WEDNESDAY, JANUARY 8, 2020 (PAGE 7) Dwivedi unveils logo of first ever JK CTF calls on Union Finance Global Investor Summit Minister, submits memorandum Excelsior Correspondent a mix of manufacturing and serv- ice sector potential in J&K as well Excelsior Correspondent ures. The memorandum said that even losing on whatever capital JAMMU, Jan 7: as manpower skills, agro and hor- even prior to such corrective they had and their accounts should Commissioner Secretary, ticulture potential. JAMMU, Jan 7: Seeking one measures Jammu and Kashmir be adequately recapitalized so that Industries and Commerce, Manoj Highlighting the importance time assistance of up to Rs 15 (fif- had been in turmoil from last 30 they can restart their lives with Kumar Dwivedi today unveiled of the event, Dwivedi said that teen) lakh for MSMEs to offset the years thus making the stakeholder dignity. the logo of first ever JK Global Global Investors Summit, being economic cost of transformation vulnerable to collapse as the bene- It further demanded one time Investors Summit with the tagline held in J&K for the first time, is of of Jammu and Kashmir, Chamber fits of economic activities could assistance up to Rs. 15 lakh for Advisor to Lt Governor, Ladakh Umang Narula chairing a meeting in Leh on Tuesday. 'Explore, Invest, Grow' p at great significance as it will wit- of Traders Federation (CTF) sub- not reach them fully due to the small and medium traders and a Udhyog Bhawan. ness participation of several sen- mitted a memorandum to Finance Minister, Nirmala Sitharaman at GeM an opportunity to explore Ram Leela Maidan , New Delhi. Expressing gratitude for abol- ishing Toll Tax on goods, Neeraj unique products of Ladakh: Advisor Anand, president CTF, Jammu who is leading a 30 member dele- Excelsior Correspondent Leh and Kargil were attended the cover all the States and Union gation from Jammu and Kashmir National Outreach programme. Territories of the country. He also on behalf of the trading communi- LEH, Jan 7: The Department In the inaugural address, said that the program will give of Industries and Commerce, Advisor to Lt. Governor, Ladakh exposure to the officials regarding ty handed over the memorandum Union Territory of Ladakh in col- said that Government e- General Financial Rules (GFR) to the Finance Minister. laboration with the Ministry of Marketplace has created opportu- and other financial matters while The memorandum further Commerce and Industries, nities to explore unique products dealing with the administrative seeks fiscal incentives besides lists Government of India launched a of the region. He further said that work. various suggestions for boosting national outreach programme, the program will extensively help Dipash Ghalot, Director GeM, trade in Jammu and Kashmir. GeM Samvaad, at DC office con- the buyer for dealing day-to-day gave detailed presentation on The memorandum while wel- CTF delegation from Jammu handing over a memorandum ference hall today. procurement purchasing for GeM and highlighted the proce- coming the abolition of Toll Tax at to Union Finance Minister, Nirmala Sitharaman at New Delhi. The programme was inaugu- Government agencies. dure of registration, payments and Commissioner Secretary, Industries and Commerce, Manoj Lakhanpur said CTF is of the firm rated by Advisor to Lt. Governor, Joint Secretary, Ministry of Procurement life cycle for both Kumar Dwivedi unveiling logo of first ever JK Global Investor belief that post abolition of Toll peculiar socio-political issues similar amount based on certain Ladakh, Umang Narula, , Rajeev Commerce and Industry Rajeev buyers and sellers. He also Summit on Tuesday. Tax on goods, a new era of pros- which marred the erstwhile State. formula for medium and large Kandpal, Joint Secretary, Ministry Kandpal gave detailed background informed that GeM has more than perity would usher in soon. It demanded that important Industries should be sanctioned of Commerce and Industry, Div. about the GeM Portal and said that 15 lakh products and around The logo and tagline have ior policy makers, development Traders in J&K are now saved remedial measures are required to immediately to offset the econom- Com/Secretary Industries & Government-e-Marketplace is a 20,000 services, more than 3 lakh from double taxation besides the help in reviving the economy as ic impact of transformation, Commerce Department Ladakh, national public procurement portal registers sellers and service been finalized through a contest agencies and investors from Saugat Biswas, DC/CEO offering end to end solution for all providers and more than 41,000 on citizen engagement portal across the world. consumers are getting goods at well as to suitably compensate the budgetary provisions to cap unre- LAHDC, Leh Sachin Kumar procurement needs of Government buyers’ organiza- www.mygov.in, which received "We are looking forward to cheaper rates. trade. alistic airfares to promote tourism Vaishya, Chief Finance Officer, Government departments and tions, in its short journey of three more than 1000 entries of logo meet and interact with investors, The CTF complimented Prime It further demanded Interest and give relief to common man. It GeM, Kush Tyagi, Director GeM, autonomous bodies. years, and tagline. MNCs, BIG Corporate Houses Minister, Narendra Modi for such waiver on all sorts of trade loans, demanded that an advisory to Dipash Ghalot, Director Industries He further added that the out- During an interactive session Among the entries, the logo and invite them to explore and a move and pledged its support to cash credit limits etc. at least till Airline Companies on the subject and Commerce/ADDC Leh, reach programme has begun from the officials/buyers and sellers made by Dilip K and tag line cre- expand their business in the tirelessly work towards achieving March 2020 for all stakeholders, matter would be much appreciat- Moses Kunzang, District Officers, 19th December 2019 and continue from both Leh and Kargil raised ated by Rajneesh Singh was region. We have also worked on the goal of five trillion dollar econ- rescheduling of loans whether ed. DDOs and other stakeholder from till 17th February 2020 and will number of question regarding the selected, who were given a prize policies favourable for establish- omy. classified as distressed or not as The memorandum also Government e-Marketplace. They of Rs. 15000 and Rs. 5000, ing business to offer ease in doing Highlighting the issues of many people fearing adverse demanded that work on also shared their apprehensions traders, the memorandum said that CIBIL score and social disgrace Udhampur- Banihal railway line respectively. business in true spirit", he added. and sought clarity about the bene- the newly formed Union Territory have borrowed money from other be expedited to make transporta- Pertinently, the JK Global Director Information Dr Syed fits under GeM Portal. Investors Summit is scheduled to of Jammu and Kashmir is in trans- channels to prevent their accounts tion of goods and well as move- Sehrish Asgar; Director Industries In the afternoon session/ be held in the month of April 2020 formation stage and business envi- from turning NPAs, re-capitaliza- ment of people much easier and Business Facilitator, GeM, Kush & Commerce, Jammu, Anoo with the event focusing on attract- ronment had not been conducive tion of small accounts – artisans, possible across the year thus Tyagi delivered a presentation on Malhotra; Director, Handloom ing investment in potential sectors for trade due to pre-emptive marginalized farmers, small boosting the overall economy of introduction to functionality of Babila Rakwal; Director buyer highlighting pre-requisites like Agriculture, Horticulture, restrictions put in place to counter traders have suffered immensely the UT. Food Processing, Film Industry, Handicraft, Masrat - Ul-Islam; adversaries from across the border. for registration as Primary and MD, JKI, Javed Iqbal; MD, Secondary user on GeM portal. An Tourism, handicrafts, healthcare “Though we are relieved about SICOP Atul Sharma; MD interactive session was also held etc from leading national and security situation that has stabi- for the sellers of both Leh and global companies to boost the Handicrafts Corporation, lized to a larger extent but business Jasvinder Singh Dua; MD ASSOCHAM J&K members posing after a meeting in Kargil district which includes economy and create employment in general has suffered a lot and Handloom Corporation Rakesh Jammu. commercial organizations, opportunities in J&K. would require special incentives Industry bodies, Micro, Small and Unveiling the logo and tagline Sharma; Joint Director and concessions for its revival’’, it Medium Enterprises (MSMEs) of the Summit, Manoj Kumar Information Naresh Kumar, added. ASSOCHAM discusses steps to ensure and entrepreneurs etc. Dwivedi said that the logo depicts besides representatives of The CTF sought immediate Confederation of Indian Industry financial package to help stake- sustenance of existing units in J&K 7 students from Jammu selected (CII), media management partner holders like growers, cold storage Pricewaterhouse Coopers (PWCs) owners, transporters and traders to Excelsior Correspondent both Industrial and Service sec- and knowledge partner EY were survive the economic impact of tor with similar incentives been for Pariksha Pe Charcha such pre-emptive security meas- The dignitaries presenting books to participants during a pro- JAMMU, Jan 7: In its first made available to
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