Traders from Kashmir meet Amit Shah, seek financial assistance
New Delhi, Mar
17: The representatives of various trade organisations from Kashmir on Tuesday
met Union Home Minister Amit Shah and Minister of State for PMO Jitendra Singh
in the Parliament and apprised them about the hardships faced by the business
community in the region for over 30 years and that it needs a bail out soon.
Along with this,
representatives requested Shah to implement Centre sponsored schemes in the
Union Territory. “Schemes like Prime Minister Development Package (PMDP),
Deendayal Upadhyaya Gram Jyoti Yojana (DDUGY), Saubhagya are not implemented in
letter and spirit and payments too have been delayed despite completion of
works. Request to implement these schemes,” stated one of the
The delegation of
trade associations and organisations met the Home Minister on the day when
demands for grants for Jammu and Kashmir and Ladakh were laid in Lok Sabha for
discussion. Speaking to ANI, the representatives said that the Shah heard them
patiently and assured them all the help government can provide to them.
had been satisfactory. We told him about the troubles we are facing for past 30
years because of the unrest and turmoil. The entire business community is
crumbling under its own weight of involuntary failures, the failures that have
been imposed on us. Union Home Minister has assured us all the help,” said
Sheikh Ashiq Ahmad, president of the Kashmir chamber of commerce and industry.
Raina, chairman of PHD chamber of commerce Kashmir chapter said that the Union
Home Minister has briefed them about Rs 30,000 crore investment plan for Jammu
and Kashmir. “We got to know about the budget that was laid and the
minister also told us that Rs 30,000 crore would be invested in the Union
Territory. We hope our concerns about banking sector too will get addressed. We
are happy that meeting went well and we are hopeful that things will be
improved in the region now,” said Raina.
representatives had given several demands and concerns in writing to the Home
Minister. These include revival of the existing businesses before new
investment is poured in for new businesses, revival interventions for Kashmir
handmade carpets industry focusing on weavers, manufacturers and exporters and
special schemes aimed at revival of all the traditional crafts of Kashmir.
Another demand focussed on tourism and hospitality business that was given the
status of industry in 1995 but incentives were never extended.The
representatives demanded that that RBI’s rehabilitation scheme where accounts
were not overdue on August 5,2019 were only made eligible for benefit and that
all standard accounts should be made eligible. “An interest waiver for all
loan accounts for two quarters from August 2019 is also requested,” stated
the demand. (ANI)