State Finance Minister, Rameshwar Oraon will table the budget for the financial year 2021-22 on Tuesday and traders and industrialists of the State are eagerly waiting with high hopes from the budget which could give them some respite after facing huge crisis due to global epidemic Coronavirus infection.

A delegation of the apex traders body in the State, Federation of Jharkhand Chamber of Commerce and Industries (FJCCI), had recently met both the Chief Minister and the Finance Minister and suggested what they like should be done for improvement in trade and commerce of the State.

The group of FJCCI office bearers and members advised the State Government for establishing a textile park in Santhal Pargana, taking steps for reviving over 500 closed industrial units and promoting MSME sector and start-ups, besides creating proper infrastructure as required for the purpose.

FJCCI president Praveen Jain Chabra, said that Santhal Pargana region badly needed attention for its proper development and thi is required for boosting the trade and industry in the State. 

“With the necessity of one industrial zone in each district, budgetary funds to develop 25 acres of additional land banks for MSME manufacturing sector and startups only, to develop the infrastructure of all industrial areas located in the State, streamline ease of doing business With the announcement of budgetary provision and policy to make the single window system fully effective, there was a demand to constitute a commercial-industrial commission on the lines of other commissions in the State,” said Chabra.

The Chamber President also suggested the formation of a separate department in the State for the facilities of MSMEs and announced a special incentive package for strengthening the sector by increasing the budget of this sector. “In the direction of tourism development, it was suggested that for the convenience of tourists, setting up of hotels on PPP mode in Netarhat and Betla National Park, beautifying the Anjandham historical religious site located in Gumla and many other tourist centers in Deoghar, Dumka, Pakud and Sahebganj districts. Tasar Cluster, Peda Cluster, Fisheries Cluster Lah-Churi Cluster and Vermilion Cluster and others should also be promoted in Deoghar by promoting micro and rural industries,’ he added.

The Chamber also suggested that it was also said that it takes crores of rupees to make a DPR to shape the schemes to be made in the public interest, but it has often been seen that due to some shortcomings, the DPR has to be canceled.

In such a situation, the Government should develop a third party monitoring system through the budget, which keeps studying the specifics of each DPR. There should be a special focus in the budget for how the Government’s establishment cost is reduced.