Excelsior Correspondent
JAMMU, Apr 8: Government has accorded sanction to the constitution of a committee for addressing the One-Time Settlement (OTS) requests raised by the Micro, Small and Medium Enterprises, in consonance with the RBI guidelines.
As per an order issued by the General Administration Department (GAD), the committee headed by Principal Secretary to the Government, Finance Department with Commissioner Secretary to the Government, Industries and Commerce Department and Executive Director, J&K Bank as members, shall look into any outstanding issues, including the maximum duration of settlement period, in accordance with the established guidelines.
The committee so constituted shall also clarify and publicize the outstanding issues amongst all stakeholders.
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