Early Times Report JAMMU, Mar 25: Federation of Industries Jammu (FOIJ), requested Lt Governor for the release of 3nd Installment of 5% Interest Subvention Relief to the Industrial Units of Jammu & Kashmir before March 31. Lalit Mahajan, Chairman FOIJ, while conveying heartiest thanks to Lt Governor, Manoj Sinha, Arun Kumar Mehta, Financial commissioner, Finance Department and RK Chhibber, Chairman, J&K Bank for the timely release of 1st and 2nd Installment of 5% Interest Subversion previously, we draw the attention of Lt Governor that Supreme Court of India has refused to extend the Moratorium period of Emergency Credit Guarantee Loan, resulting the Unit Holders are bound to deposit the Unpaid Interest before 31-3-2021 resulting acute Financial crunch reported by the Unit Holders.
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