SLC sanctions cases of Interest, Insurance subsidy

Principal Secretary to Govt, I&C, Ranjan Prakash Thakur chairing a meeting on Friday.
Principal Secretary to Govt, I&C, Ranjan Prakash Thakur chairing a meeting on Friday.

Excelsior Correspondent
SRINAGAR, Dec 3: Principal Secretary to Govt, Industries & Commerce Department, Ranjan Prakash Thakur today chaired separate meetings of the 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),100% Central Comprehensive Insurance Incentive (CCII) under Industrial Development Scheme (IDS-2017) held on 03-12-2021 at Sanat Ghar, Srinagar.
The Committee sanctioned cases of 3% Interest Subsidy, 100% Insurance Subsidy and 30% CCIIAC amounting to Rs. 4.13 Crore for Jammu & Kashmir.
Director Industries & Commerce, Jammu Anoo Malhotra and Director Industries & Commerce, Kashmir Mahmood Ahmad Shah deliberated upon 35 subsidy cases pertaining to 3% Interest Subsidy, 100% Insurance Subsidy and 30% CCIIAC under IDS.
Principal Secretary I&C stressed upon all the General Managers to clear the backlog of cases pending in DICs in order to give impetus to the economy during the COVID-19 era
Director Industries & Commerce Kashmir Mahmood Shah along with officers of Directorate of I&C Kashmir, concerned General Managers of DICs, General Manager J&K DFC Mr Gowhar Arif, Representatives of Banks attended the meeting at Sant Ghar Kashmir
Director Industries & Commerce, Jammu, Anoo Malhotra along with officers of Directorate of I&C, Jammu; Director Finance I&C R C Kotwal, Representative of D.G. Accounts & Treasuries, Chairman Federation of Industries Jammu Rattan Dogra, Representative of JKDFC, Representatives of Banks, Concerned General Managers of DIC’s attended the meeting through Video Conferencing from Jammu.