SLC clears Rs 8.15 cr incentives in 24 industrial cases

The 4th meeting of State Level Committee (SLC) was held Tuesday under the chairmanship of Principal Secretary Industries and Commerce (I&C) Department, Navin Kumar Chaudhary to sanction the Capital Investment Subsidy, interest subsidy on working capital and 100 percent central comprehensive insurance.

During the deliberations, 24 cases to the tune of Rs 8.15 crore were cleared by the committee.

The meeting was attended by the Director I&C Kashmir, Director Finance I&C Department, Representative of Director General Accounts & Treasuries, General Manager J&K DFC. Director I&C Jammu attended the meeting through video conferencing.

Both, the Federation Chamber of Industries Kashmir and Federation of Industries Jammu, being members of State Level Committee, were also part of the meeting.