Excelsior Correspondent
SRINAGAR, Oct 7: The newly elected executive body of Kashmir Chamber of Commerce and Industries (KCCI) today called upon Chairman and CEO J&K Bank Parvez Ahmad at Corporate Headquarters.
Interacting with the office bearers, Parvez Ahmad said, “There is a lot of synergy between chamber and the bank. We would continue to work in close coordination and explore as well as exploit the under-serviced and potential sectors of the economy to strengthen the economy and increase employment opportunities for the local youth”.
“This elected body has taken over the reins of chamber at a crucial time and have to play an important role in reviving the economy of the State,” he added.
Among numerous issues discussed during the meeting, Chairman announced to set up a coordination committee comprising of the Bank and KCCI members which shall oversee the issues faced by the traders and also to explore the common areas of interest. “Also a technical committee will address the issues faced by traders in validating the Detailed Project Reports (DPR)”, said Chairman.
The chairman stressed upon the need to encourage entrepreneurship in those sectors which will strengthen local economy in the given circumstances like the potential available in import substitution, which has been estimated at Rs40,000 crore.
The members of KCCI also apprised the chairman of the issues faced by tourism sector since the unrest of 2016 and requested for specific measures. “The negative publicity has to be countered by the tourism players and we will also like to play our part in helping the people associated with hospitality sector,” said Parvez Ahmed.
The KCCI requested the bank to leverage the credit guarantee fund scheme in an improved manner and also urged the bank to bring more improvement in its customer service at various levels.
The meeting was also attended by KCCI senior vice president Nasir Hamid Khan, general secretary Dr Gazala Amin, joint secretary Muzaffar Majid Jan, junior vice president Fayaz Ahmad Punjabi and treasurer Sheikh Imran. Also present were senior president Abdul Rashid, president Abdul Rashid Shegan, president PK Tickoo and vice president Fayaz Ahmad Zargar.
Follow our WhatsApp channel