March 29, 2024 03:40 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
PM Modi has mastered art of manipulating democracy, hurting Constitution: Mallikarjun Kharge | Mafia-turned-politician Mukhtar Ansari dies of cardiac arrest at 63 | NIA arrests key conspirator in Bengaluru cafe blast case | Actor Govinda returns to politics after 14 years of 'vanvas', joins Eknath Shinde camp | 'To browbeat and bully others is vintage Congress culture': PM posts after 600 lawyers write to CJI
Jammu and Kashmir: Rs 12.43 cr subsidy claims cleared in SLC meeting Kashmir

Jammu and Kashmir: Rs 12.43 cr subsidy claims cleared in SLC meeting

India Blooms News Service | @indiablooms | 17 Jan 2021, 10:08 pm

Srinagar: Commissioner Secretary, Industries & Commerce Department, Manoj Kumar Dwivedi, chaired meetings of State Level Committees for sanctioning of subsidy cases under the Central Package of Incentives and sanctioning of 30% Central Capital Investment Incentive for Access to Credit (CCIIAC) respectively under Industrial Development Scheme (IDS) here today.

The Committees sanctioned cases of 100% Insurance Subsidy, 3% Interest Subsidy and 30% CCIIAC amounting Rs 10.59 crore for Jammu Division and Rs. 1.84 crore for Kashmir Division.

Director Industries & Commerce, Jammu deliberated upon 48 subsidy cases pertaining to 3% Interest Subsidy, 100% Insurance Subsidy and 30% CCIIAC under IDS which included 22 subsidy cases from district Jammu, 15 subsidy cases from district Samba, 10 subsidy cases from district Kathua and 01 subsidy case from district Udhampur.

However, 01 case from district Jammu amounting Rs 5.00 crore was deferred for want of original documents. Director, Industries & Commerce, Kashmir, deliberated upon 15 subsidy cases of Kashmir division which included 5 subsidy cases from Pulwama, 3 from Budgam, 6 from Srinagar and 01 subsidy case from Baramulla districts.

In view of the New Industrial Policy, Dwivedi stressed upon Bankers to facilitate the Investors and be the partners in Industrial growth and development and directed for conducting SLC meetings on regular Intervals to clear the pendency.

Director, Industries & Commerce, Jammu, AnooMalhotra, Director Finance R C Kotwal, representative of Director General Accounts & Treasuries Mohammad Iqbal Ganaie, Chairman, Federation of Industries, Jammu, LalitMahajan, Manager J&KDFC Jammu along with General Managers of concerned DICs and officers of Directorate of Industries & Commerce, Jammu attended the meeting.

The Managers of the financing Banks also participated in the SLC meeting for Sanctioning of Subsidy cases under IDS. 
 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.