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| PHDCCI delegation calls on advisor Sharma, CMD JK BANK | | ‘Special package to affected business sector need of the hour’ | | EARLY TIMES REPORT
JAMMU, Aug 30: A delegation of PHD Chamber of Commerce & Industry, Jammu Region Chapter led by its Chairman Rakesh Wazir and comprising of its Co-Chairman Rahul Sahai, former Chairman Vikrant Kuthiala, Iformer Co-Chairman Kuldeep Gupta, Executive Officer Aditya Vaid met Advisor to Lt Governor K K Sharma wherein Rajesh Kumar Chibber Chairman J&K Bank and other officers were seated and Financial Commissioner Finance, Arun Mehta, Commissioner Secretary Industries and Commerce, Manoj Kumar Diwedi, Commissioner Secretary Tourism, Zubair Ahmed were present through video conferencing. The delegation besides discussing the issues regarding revival and survival of the business sector in the UT of J&K in detail, submitted a detailed memorandum as well.
While speaking on the occasion, Wazir put forward the problems being faced by the business community including waiver of interest on loans and increase in moratorium period, waiver of electricity fixed charges, reimbursement of GST to hotels, completion of projects already sanctioned under Central Road Fund, working capital to service sector, bearing of share of Provident Fund and Employees State Insurance by the government, providing of financial packages for the losses which have occurred due to this lock down, and clarification with regard to mortgage fees which should be nil or on loan amount and not on the value of mortgaged property etc.
He while elaborating said that tourism sector is in real distress and all sectors whose working has come to stand still should be given special preference.
He said that Yatra to Mata Vaishno Devi should open with pre-covid test without restriction of numbers and further said that when pilgrims with pre-covid test can come within 48 hours, there would hardly be any need of binding of per day allowing of pilgrims for going to Darshans of Maa Vaishndevi.
Rahul Sahai while speaking on this occasion projected issues regarding funding for MSME Sectors and suggested that as SIDBI is offering loan to only selected MSME'S @ 5% Interest and this offer should be given to all MSMES.
Sahai also stated that as moratorium which is ending in August its repayment is not still clear to enterprises and how they are going to pay back should be properly advertised and further said that various emergency loan Schemes which has been announced by the union Finance Minister are not implemented by various banks till now and requested that these schemes should be implemented by all the banks. Advisor K K Sharma and others present in the meeting listened the delegation patiently and assured sympathetic consideration to each and every point besides assuring them that all points will be incorporated in the consolidated proposal which they are making for the consideration of the governments both at Union Territory Level and at the Central level for revival of business.
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