Srinagar, Jan. 23 -- The Federation of Chambers of Industries Kashmir (FCIK), the Valley's apex industrial chamber, on Tuesday presented a substantive pre-budget memorandum to the Chief Minister Omar Abdullah, flagging deep regional and sub-regional imbalances in industrial infrastructure and seeking urgent interventions to revive MSMEs, entrepreneurship, and employment in Jammu & Kashmir.
During the interaction, FCIK stressed that the ongoing review of the Industrial Policy must address ground-level distortions that have led to the stress and idleness in existing enterprises, besides persistent inequalities, to promote industrial activity in limited pockets. The chamber flagged 12 critical policy intervention areas, considered crucial for...