The CM said one of the major benefits of the Goods and Services Tax (GST) is that it has brought the people of two regions, particularly traders, on the same page during the hectic discussions before its implementation in the state.
Interacting with members of industrial and trade bodies after inaugurating a modernised and upgraded Udyog Bhawan here today, she said that the state has a specific geographic position which is not so conducive to business activities.
She assured the members of the industry that the government would continue to support them as it feels that local industry was an important source of employment for the youth and plays a significant role in local economy.
The CM said the state government would continue to support local industry and extend all incentives and concessions to it in the SGST regime which were in vogue earlier.
More From This Section
He said that a dedicated power distribution system was being put in place to ensure round-the-clock electricity to the industrial estates in Jammu and Kashmir.
Earlier, the Chief Minister inaugurated the modernised and upgraded Udyog Bhawan at Railhead which has been redone with the use of local art pieces like Khatamband and other woodworks.
She also formally unveiled the data centre there which would have online stocking of items by the SICOP besides GIS mapping of all the industrial estates.
It would also have an application tracking system by which any industrialist o entrepreneur can access the status of his or her complaint or request anytime.