FAIVM thanks Hon’ble Lt. Governor Shri Manoj Sinha for announcing industrial package of 28,400 crores for j&k

FAIVM thanks Hon’ble Lt. Governor Shri Manoj Sinha for announcing industrial package of 28,400
crores for Jammu and Kashmir. This package for promotion of industry and internal trade for central
sector scheme for industrial development of Jammu and Kashmir will act as a booster for industrial
sector. Development of industrial sector will be helpful for the business sector also and it will generate
thousands of jobs for the unemployed people, which directly leads to socio-economic development
of Jammu and Kashmir.
FAIVM is very hopeful that in the able leadership of Hon’ble Lt Governor Shri Manoj Sinha industrial
and business sector will again work respectfully in the better interest of our nation’s growth and
prosperity.
This package will help hundreds of business establishments we thanks to your good self for helping
our business community in the survival.
Federation of all India Vyapar Mandal (FAIVM) is national apex body of various trade associations
and Vyapar Mandal across the nation. FAIVM is duly registered under S.R. Act 1860 vide reg no
1777/2017 with pan India working jurisdiction, FAIVM has 3.5 Cr. traders associated at national
level.
We are one among the premier registered trade organisations in India with our head office at Delhi.
We have our presence in almost every state of India and under the President ship of Sanjay Bansal, it
would not be out of the context to apprise you that, in this short span of our existence in the union
territory of Jammu and Kashmir our representatives are working so, hard, for the trader’s community,
that by now we are more than 150 different prestigious trade organisations have come under our
umbrella which means directly or indirectly nearly 3,00,000 traders are associated with our national
trade organisation in Jammu and Kashmir, our FAIVM is one of the biggest trade organisations of
Jammu and Kashmir.
On the Behalf of the industry fraternity, we request government of Jammu and Kashmir to consider
the impact of toll tax removal on items/products manufactured by the local industries. In this respect,
inward and outward movements for the raw materials and finished products, freight and turnover on
finished goods may be considered for betterment of local industries.