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JK Bank Gets Rs 250 Cr More For 2020 Interest Subvention SRINAGAR: Lt Governor, Manoj Sinha approved the further release of Rs 250 crore as Interest Subvention, part of the economic package for revival of business and industry in J&K, and handed over a cheque of the said amount to Jammu and Kashmir Bank as the third instalment of the 5% Interest Subvention, an official spokesman in Jammu said Lt Gov, Manoj Joshi handing over cheque of Rs 250 crore to J&K Bank as 3rd instalment of 5% Interest Subvention on May 6, 2021. Pic: DIPR Arun Kumar Mehta, Financial Commissioner, Finance Department and Sh. RK Chhibber, Chairman and MD J&K Bank were present on the occasion. ....
FCIK Calls On LG Sinha, Hails His Vision For Creating Entrepreneur Friendly Industrial Ecosystem FCIK Calls On LG Manoj Sinha on Saturday, February 6, 2021. “The September 25th financial package gave hope to the entrepreneurs of J&K to run their business. Even in today’s meeting assurances by LG and Patient hearing during deliberations and presentation of demands over the present industrial scenario is praiseworthy,” President FCIK Shahid Kamli said in a statement after meeting LG Manoj Sinha in Rajbhawan Jammu. FCIK administrative council delegation led by President Kamli apprised the LG about the present scenario of the industry which is ailing since 2009 and immediate action by the government required to save the industry which is employing lacs of skilled and unskilled in the valley. ....