JAMMU, May 26 -- The Micro and Small Industrial Sector of Jammu & Kashmir has issued a desperate appeal to the government, citing a severe financial crisis exacerbated by the non-disbursal of long-pending government incentives and a deteriorating ground situation due to a war-like environment.
In a meeting chaired by Sh. Virendra Jain, President of the Association of Industries (AOI), industrialists from across the region expressed deep concern over the government's continued neglect and delayed financial support, which is pushing many units to the brink of collapse. The meeting was attended by all office bearers of AOI and a large number of industrial unit holders.
Industrialists highlighted multiple challenges including:
Migration of l...