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LG announces Rs 1350 crore package for revival of J&K’s ailing business sector, says this is ‘just a beginning’

Lieutenant Governor Manoj Sinha on Saturday announced an economic package of Rs 1350 for reviving the ailing business sector of Jammu and Kashmir, stating that “this was just a beginning and much more was in the offing.”

He also said that the government was mulling a “structured package” for transporters, drivers, auto-drivers, house boat owners and shikara wallas.

Addressing a press conference at Raj Bhavan in Srinagar, Sinha said that when he took over the reins of the union territory a month ago, he had stated that resolution of people’s issues wasn’t possible without the participation and support of common people.

“On August 18 this year I met almost 35 delegations from various sectors after which a committee headed by my advisor KK Sharma was constituted. And I am happy that the committee has submitted its report in a time-bound manner,” Sinha said, as per news agency KNO.

He said that he was glad to announce that for the first time an official committee has submitted its report in the shortest possible time.

The LG said that the committee has recommended an economic package of Rs 1350 Crores for revival of ailing business sector in J&K. “I am glad to announce this package today with a message that this is just a beginning,” he said.

Addressing a press conference at Raj Bhavan in Srinagar, Sinha said that when he took over the reins of the union territory a month ago, he had stated that resolution of people’s issues wasn’t possible without the participation and support of common people.

“On August 18 this year I met almost 35 delegations from various sectors after which a committee headed by my advisor KK Sharma was constituted. And I am happy that the committee has submitted its report in a time-bound manner,” Sinha said, as per news agency

He said that he was glad to announce that for the first time an official committee has submitted its report in the shortest possible time.

The LG said that the committee has recommended an economic package of Rs 1350 Crores for revival of ailing business sector in J&K. “I am glad to announce this package today with a message that this is just a beginning,” he said.

He said that Government of India is working out a new industrial policy which will be ready soon.(KNO)

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