Peenya Association threatens industry shutdown over trade license | SupportBiz

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Peenya Association threatens industry shutdown over trade license

The Peenya Industries Association (PIA) plans a series of protests including tool down, industrial shutdown and road blocks over its long-pending demands such as abolishment of trade license and delay in allotment of industrial land at Nelamangala taluk, about 27 km from Bangalore.

Talking to SupportBiz, Jayaramu, Honorary Secretary of PIA, said the Trade License under the KMC Act, does not bring any value to SMEs, rather adds a lot of pressure on the small enterprises. “We have as many as 30 or even more licenses from both central and state governments. For manufactures, they’ve got MSME certificate and for factories, we have other licenses like the Boilers Act. Trade license is an unwarranted addition and is clearly a burden on the SMEs. It does not make any sense to us, we want it to be abolished,” he said.

A number of Bangalore industry associations including PIA, BANSSIA, Rajajinagar Industries Association came together recently and decided to take a delegation to the Chief Minister to submit a memorandum on the issue. “We do not plan to end our imitative with the submission of a memorandum. If no action taken over our demands, we will go ahead with a wave of protests including tool down, industry shutdown and even take serious protests such as road blocks,” Jayaramu said.

PIA also demand the government fast-tracks its process of land allotment in the proposed industrial estate at Nelamangala. “We had identified the land in Nelmangala and we paid the initial amount to the KSSIDC almost three years back for the plot that was supposed to be registered under the name of Peenya Industries Welfare Society. However, the government is yet to allot it for the industry,” he said.

The association also wants to highlight the issue of technical development funds subsidy being blocked at the KSFC. The amount, approximately about Rs. 6-7 crores, has been pending for the last eight years, depriving more than 600 people of their legitimate benefits.