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| CCIJ welcomes revival package announced by LG | | |
Early Times Report
Jammu, Sept 22: The Chamber of Commerce and Industry Jammu has welcomed the revival package announced by Lt Governor of J&K Manoj Sinha to provide support and succour to the trade and business sector of J&K. As per press release, the Chamber thanked the UT government for understanding that Jammu and Kashmir trade and industry has been suffering due to multiple reasons for more than two decades which includes militancy, lack of infrastructure, change in tax regime, positive constitutional changes and now the lockdowns due to the pandemic situation. The losses suffered by businesses are gigantic which no government can make good fully yet the present package of Rupees 1350 crore will serve as a breather for the time being. The erosion of capital in nearly every sector of trade and industry has taken the state backward by decades. The chamber also thanked all the members for providing inputs in finalizing the proposal which was submitted before the special committee and also calls for their cooperation in future as well. |
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