SLC clears subsidy cases under Central Package of Incentives

Excelsior Correspondent
JAMMU, Dec 7: A meeting of the State Level Committee for sanctioning of subsidy cases under the Central Package of Incentives was held here today under the chairmanship of Principal Secretary Industries & Commerce Deptt, Naveen Kumar Choudhary and sanctioned subsidy cases amounting to Rs 4.64 crore for Jammu Division and Rs 3.99 crore for Kashmir Division.
The Director, Industries & Commerce, Jammu, Anoo Malhotra and Director, Industries & Commerce, Kashmir, Mehmood Shah attended the meeting through video conferencing. Director Finance R C Kotwal, Director Accounts & Treasuries Iftikhar Hussain, Chairman, Federation of Industries, Jammu, Rattan Dogra, Manager J&KDFC Jammu, attended the meeting.
During the meeting, Director Industries & Commerce, Jammu deliberated 57 number of subsidy cases pertaining to 3 percent Interest Subsidy, 100 percent Insurance Subsidy and 4 cases of Kashmir Division, including Freight Subsidy, which were cleared. The Chairman SLC stressed upon clearing of all pending cases under the Central package at the earliest. He directed Director, Industries & Commerce, Kashmir to set up a facilitation cell with Internet facility within his office for facilitation of Industrialists in Kashmir Province in filing their subsidy claims.
Director Industries & Commerce, Jammu Anoo Malhotra apprised the SLC about the pendency of Transport /Freight subsidy cases in District Industries Centres due to huge quantum of documents required as per the checklist. The Chairman SLC directed both the Directors to review the checklist in consultation with Chairman Federation of Industries, Jammu and Kashmir respectively and frame the proposal for forwarding the same to the Department for promotion of Industries and Internal Trade, Government of India so that pending cases can be settled accordingly.
Director Industries & Commerce, Jammu, further apprised the SLC that Industrialists are facing difficulty in filing the legal documents for the sanctioned subsidy cases due to ongoing strike of lawyers. The Chairman directed JKDFC member to initiate the process of the payment of subsidy cases and clear the same only after receipt of concerned legal documents. The SLC further decided to extend the period of execution of legal documents of earlier meetings for 3 months from the date of call down of strike.

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