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Rs 12.43 cr subsidy claims cases cleared


Rs 12.43 cr subsidy claims cases cleared
Excelsior Correspondent
JAMMU, Jan 16: Commissioner Secretary, Industries & Commerce (I&C) Department, Manoj Kumar Dwivedi, today chaired separate meetings of the State Level committees for sanctioning of subsidy cases under the Central Package of Incentives and sanctioning of 30% Central Capital Investment Incentive for Access to Credit (CCIIAC) under Industrial Development Scheme (IDS).
The Committees sanctioned cases of 100% Insurance Subsidy, 3% Interest Subsidy and 30% CCIIAC amounting to Rs 10.59 crore for Jammu Division and Rs 1.84 crore for Kashmir Division.
Director I&C Jammu Anoo Malhotra deliberated upon 48 subsidy cases pertaining to 3% Interest Subsidy, 100% Insurance Subsidy and 30% CCIIAC under IDS which included 22 subsidy cases from district Jammu, 15 subsidy cases from district Samba, 10 subsidy cases from district Kathua and one subsidy case from district Udhampur. However, one case from district Jammu amo ....

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