President Federation Chamber of Industries Kashmir (FCIK) Shahid Kamli today expressed gratitude to Lieutenant Governor administration for handing over a cheque of Rs 250 crore to Jammu and Kashmir Bank as the second installment of 5% Interest Subvention under Economic Package.
In a statement, Kamli sought intervention of LG Sinha to address the issues of unit holders with financial lending institutions. “Those unit holders who are tired and unviable may be given exit route by way of OTS and the unit holders who still want to sail through even after distressed times over the years may be restructured and given ample working capital to restart their business immediately as the working season has started after COVID and harsh winters slowdown,” Kamli said.