Finance Minister holds deliberations with stakeholders on New Excise Policy

JAMMU, JUNE 8: Making strong pitch for rationalization and efficient procedural changes to enhance revenue generation capacity of the industrial sector, Minister for Finance, Dr Haseeb A Drabu today said requisite policy interventions would be made to ensure conducive environment for industrial growth.

The Minister was speaking at an interactive session with the stakeholders to discuss the issues related to the proposed Excise Policy.

Commissioner Secretary Finance, Mr Navin Kumar Choudhary, Excise Commissioner, Tsering Angchok and other senior officers of Excise Department were present in the meeting.

He stressed on maximizing investment in local industries and asked for rationalization and re-examination to check economic viability of the projects in any sector and take adequate steps for moving towards consolidation process to ensure better revenue generation.

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