Lieutenant-Governor of Jammu and Kashmir Manoj Sinha has given fresh hope to the business community in Kashmir that the comprehensive financial package would be worked out first at the administrative level in Jammu and Kashmir and final with the Union Finance Ministry.

According to the recent media reports, Raj Bhawan is monitoring all the forward movement of his recent assurances to the Kashmir Chamber of Commerce and Industry (KCCI) after meeting representatives at Srinagar.

These media reports further said that he has instructed the administration to submit a report for a comprehensive financial package as soon as possible to be taken up with the Centre.

On the instructions of the L-G, a recently constituted committee has started meeting delegations of different wings of the business community in Kashmir, so that they submit the proposal to the Raj Bhawan for the revival of Jammu and Kashmir’s economy.

It is in place to mention that advisor to the Lt. Governor, K.K. Sharma is heading the committee and a report has to be submitted to the Raj Bhawan.

If the new LG will be able to gain the trust of the business community in Kashmir as in the past 13 months they have been ignored by bureaucats even after they submitted reports to the Union Finance Minister asking for the revival of the shuttered economy.

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