26-04-2021: Federation of Industries Jammu, request Hon’ble Lt. Governor Sh. Manoj Sinha for the release of 3nd Installment of 5% Interest Subvention Relief to the Industrial Units of Jammu & Kashmir.
we draw the kind attention of Hon’ble Lt. Governor that Industrial Units working in our State facing acute Financial Crunch due to current situation of COVID-19
Sh. Lalit Mahajan, Chairman FOIJ, while conveying heartiest thanks to Hon’ble Lt. Governor, Sh. Manoj Sinha, Sh. Arun Kumar Mehta(IAS) Financial commissioner, Finance Department, and Sh. R K Chhibber, Chairman, J&K Bank for the timely release of 1st and 2nd Installment of 5% Interest Subversion previously, we draw the kind attention of Hon’ble Lt. Governor that Industrial Units working in our State facing acute Financial Crunch due to current situation of COVID-19 across the country & it is the need of the hour to release the 3rd Installment of 5% Interest Subvention as early as possible.
We request Hon’ble Lt. Governor Sh. Manoj Sinha and Sh. Arun Kumar Mehta (IAS) Financial Commissioner, Finance Department for their kind intervention for the grant of requisite funds to J&K Bank for the release of 3rd Installment of 5% Interest Subvention to Industrial Units as early as possible enabling them to clear the Liabilities of the Banks.