Kashmir Chamber of Commerce and Industry (KCCI) recently held a meeting with new LG Manoj Sinha and held a detailed meeting with him giving him all the background of their sufferings at the hands of administration in Jammu and Kashmir.
They informed the LG that despite business being shut from the past 13 months, there has been no financial intervention from the central government also as they have submitted detailed reports to the finance and other ministries for the financial package.
The five month lock covid lockdown has added to their miseries and have further added to the depression in the business community as even the financial packages given to the rest of the states in the country have not been extended to Union Territory of Jammu and Kashmir.
Kashmir Chamber of Commerce and Industry (KCCI) president Sheikh Ashiq Hussian told media after the meeting that LG has assured them of redressal of all the grievances and has told them that he will try to sort out all the issues relating to prominent business sectors including industries, hospitality, handicrafts sector, houseboats, tourism, private schools, apple cold storage, and budding entrepreneurs.
Earlier KCCI stated that losses were piling up in Kashmir and due to two clampdowns so far the losses have crossed Rs 40,000 crores. Trade bodies in Kashmir have recently said that losses due to the covid lockdown alone for the running five months have reached Rs 20 thousand crores. KCCI office bearers told the media that during the interaction with LG Manoj Sinha they presented him all the comprehensive reports submitted by them to the central government in the past 13 months.