1350 Cr package appreciated; release pending governmental payments: CII


Straight Line News Network

Jammu, Sep 22: Members of Business fraternity including Confederation of Indian Industries and Federation of All India Vyapar Mandal today called on Lieutenant Governor, Manoj Sinha here at the Raj Bhavan and expressed their gratitude towards the government for providing relief to the Business Community through Mega Economic Package for the Revival of Businesses.

A delegation of Confederation of Indian Industries led by Sh. Farooq Amin thanked the Lt Governor for the unprecedented relief package for the business sector to the tune of Rs 1350 crore. The delegation hailed the package as “a good beginning” and hoped that the move helps bring a paradigm shift in the growth trajectory of J&K.

Issues projected by the delegation from CII included release of pending governmental payments to MSME Units of J&K, establishing CII Institute of Hospitality and Industry led Facilitation Cell for Employment & Livelihood.

Members of the Federation of All India Vyapar Mandal led by its President, Sh. Sanjay Bansal thanked the Lt Governor for announcing mega economic package of Rs 1350 crore for Jammu & Kashmir. They hoped that the package would help businesses recover from the losses faced due to Covid-19 crisis. They also assured full cooperation from the body in future also.

The Lt Governor observed that the goal of development cannot be achieved without taking the welfare of all sectors into consideration. The UT Government is aware of the issues and problems of the business community of J&K and the mega relief and revival package was announced to help the J&K business sector to tide over their problems, financial and non-financial, aimed at helping business and entrepreneurs, he added.

The Lt Governor also assured the members of the delegations to take up the issues projected by them for consideration on merit


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