The Biz Reporter
Srinagar, Nov 22: The Kashmir Chamber of Commerce and Industry (KCC&I) has renewed its appeal to the Jammu and Kashmir Government for an amnesty scheme for commercial power consumers, citing mounting financial distress faced by businesses across the Valley.
In a statement, the trade body said it has written to Chief Minister Omar Abdullah, reminding him of its earlier communication seeking relief for commercial establishments burdened by accumulated electricity dues. It noted that outstanding payments have become “unsustainable for thousands of businesses” already struggling to stay afloat.
KCC&I highlighted that business conditions have worsened in recent months. The Pahalgam incident in April and escalating tensions between India and Pakistan have reduced tourist footfall, disrupted trade, and deepened economic uncertainty. With revenues shrinking and operational challenges rising, clearing commercial power liabilities has become increasingly difficult.
While appreciating the Government’s decision to extend an amnesty scheme to domestic consumers, the Chamber said similar relief was earlier indicated for commercial consumers as well. It urged the administration to honour that commitment, arguing that such a measure is now vital to prevent further business closures and safeguard livelihoods.
The Chamber added that an amnesty scheme would also promote better compliance and improve revenue realisation for the power sector.
Reiterating its objections, KCC&I strongly opposed the proposed 20 percent power surcharge during peak hours, calling it “punitive and ill-timed.” The body said businesses already under financial stress cannot absorb additional costs and urged the Government to withdraw the proposal and instead focus on steps that aid economic recovery in the Valley.
