Srinagar: Federation of Chambers of Industries Kashmir (FCIK) Thursday expressed its appreciation and gratitude to State Administrative Council for granting exemption of turnover and experience condition usually present in tenders and work contracts to start-ups and MSME.
While speaking the administrative council meeting of FCIK convened to understand the impact of SAC decision, President Mohammad Ashraf Mir asked the administration to direct all the concerned departments and corporations to implement the decision in letter and spirit so that it yields the desired results.
The President also said that the conditions were a major stumbling block for the local MSME and start-ups and the exemption would go a long way in providing a level playing field to the sector.
He said this was a long pending demand of FCIK and appreciated the efforts of Commissioner Secretary Industries in realising the demand. The states MSME and the start-ups will flourish only when the ease of doing business initiative is positively adhered to by all the concerned, he added.
