Crescent Kashmir


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Reacting to recent media reports, quoting Kashmir Chamber of Commerce and Industry (KCCI) that government was responsible for devastating economy in Kashmir and questioned the wisdom of administration especially in Srinagar keeping a lockdown of Covid-19 for five long months, new LG Manoj Sinha responded positively and met the delegation of KCCI assuring them of financial package within a timeline of September this year.

Jammu and Kashmir Lieutenant Governor Manoj Sinha, after meeting Kashmir Chamber of Commerce and Industry (KCCI) delegation announced a committee to work out modalities for the economic revival of the union territory and extending support to its business community, as KCCI told him in detail about the attitude of administration in the recent past.

LG Manoj Sinha decided to meet Kashmir Chamber of Commerce and Industry (KCCI) delegation first-hand appraisal of the issues and problems of the business community in Srinagar and then told the administration to arrange a meeting in Raj Bhawan.

According to official spokesman of JK Government Manoj Sinha said the event proved to be gainful for the trade bodies as important decisions were made including framing of a committee to make an assessment of the overall economic scenario and propose fresh measures to ensure its revival, extension of power amnesty scheme and taking a holistic view of policy/guidelines for registration, renewal/operation of house boats.

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