Clearing The Interest News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Clearing The Interest Subvention
Lt Gov, Manoj Joshi handing over cheque of Rs 250 crore to J&K Bank as 3rd instalment of 5% Interest Subvention on May 6, 2021. Pic: DIPR
Lt Governor, Manoj Sinha approved the further release of Rs 250 crore as Interest Subvention, part of the economic package for revival of business and industry in J&K, and handed over a cheque of the said amount to Jammu and Kashmir Bank as the third instalment of the 5% Interest Subvention, an official spokesman in Jammu said. It was the third instalment. The government of J&K had already released Rs 500 crore so far, and with the third instalment of Rs 250 crore as 5% Interest Subvention was released as part of the overall package of Rs 1353 crore. The Interest Subvention has so far provided immense relief to 3.44 lakh borrowers in the current Covid-19 crisis. The J&K government had announced a mega Relief and Revival Package of Rs 1353 crore on September 19, 2020, to help J&K business sector to tide ov ....

Jammu And Kashmir , Aiman Zohra , Manoj Sinha , Bhagwati Nagar , Manoj Joshi , Educationh Me Department , District Disaster Management Authority Ddma Srinagar , Defence Research , Jk Bank , Health Department , Public School Domana , Development Organisation , Kashmir Bank , Clearing The Interest , Interest Subvention , Revival Package , Stadium Srinagar , Qurat Ul Ain Zohra , Kashmir Lt Governor , Northern Command , Lieutenant General Yk Joshi , Public School , House Bemina Srinagar , File Photo , Kashmir Government , Medical Education ,