Like our Facebook Page

news details

Govt fails to release Rs 40 Crores of Central industrial package 5/28/2016 10:38:01 PM Early Times Report Jammu, May 28: In an Executive Committee of Bari Brahmana Industries Association (BBIA), President of the association, Lalit Mahajan alleged that government has so far failed to release pending claims amounting to approximately Rs. 40 Crores of central package of incentives. According to press release, the members presented in the meeting raised serious concern in respect of non release of funds for the sanctioned cases of CIS/Interest/ Insurance Subsidy cases for the period 2015-16 due to which the working of the Industrial Units are suffering very badly as they are not in a position to repay the installments of term loans resulting NPA of their Bank account and their working capital limit stands exhausted resulting serious financial crunch. We request Finance Minister, Haseeb A. Drabu & Industries & Commerce Minister, Chander Parkash to kindly take up the matter with Nirmala Sitharaman, Minister of State (Independent Charge) Ministry of Commerce & Industry (Independent Charge) Govt. of India for the immediate release of funds in favour of JKDFC to clear the pending sanctioned claim amount of the Industrial Units of J&K.   Share This News with Your Friends on Social Network     Comment on this Story

top stories of the day

After Sangh snub, BJP ministers hold public Darbars in Jammu 'Tainted' official heads JU enquiry committee To please MLA, PDD stores electric poles outside his house Politicians rake up extraneous issue to strengthen their vote bank Azad-Sham bonhomie fuels speculations Speaker admits participation in RSS's weapon display rally Situation not conducive for KPs to return to native places: CM Traffic cops caught on camera allegedly extracting bribe from truckers New generation wants career, not plebiscite Extra-martial affair: Principal pays through nose Autonomy resolution proves counter productive for NC, leaders in a fix Ex-PDP minister glorifies militants funerals Trifurcation demand gains momentum in Jammu Husband, mother-in-law booked for beating woman Omar finds it tough to breach Naeem 'wall' Pak, Kashmir: PM under attack for his flip-flops KP youth to launch unified struggle for homeland Land mafia encroaches upon Govt land in Rajouri PHE deptt fails to establish 'Research and Development cells'; monitoring of schemes suffers GMCH attendants' park in pathetic condition NFSA: CAPD Minister under fire from all quarters 'Nutritive diet' distribution begins at ICDS Mendhar, but a 'foul play' alleged Keep proper surveillance on employees: SVC to Govt

STOCK UPDATE

BSE Sensex NSE Nifty

CRICKET UPDATE