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J&K Govt Announces a package of 1350 crore rupees for the revival of business sector in J&K.

J&K Govt Announces a package of 1350 crore rupees for the revival of business sector in J&K.

50 % discount in electricty and water bills for one year.

GoI has prepared the new industrial policy for J&K and it will benefit the investors massively. I believe that every annoucement we make should be implemented with quality

Decided to give 5% Interest subvention to every borrower from business community at every level for six months. Govt is putting Rs 950 crore for this. 50% concession in electricity bills and govt is putting Rs 105 crore in this”

50% discount to be given for a year in electricity & water bills. Stamp duty exempted up to March 2021 in case of all borrowers. Setting up customised Health-Tourism scheme by J&K bank for financial assistance to people in tourism sector with good pricing & repayment options

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Under credit card scheme, we have decided to extend maximum limit of Rs 1 lakh to Rs 2 lakh for people working in handloom & handicraft industry. They will also be given 7% interest subvention. From Oct 1, J&K bank will start a special desk for youth & women enterprises: J&K LG

LG Manoj Sinha said in a press conference in Srinagar.

 

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