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SRINAGAR: In an effort to foster industrial growth in the Union Territory of Jammu and Kashmir, Director of Industries and Commerce Kashmir, Khalid Majid, emphasized the need for renewed trust and confidence between Micro, Small, and Medium Enterprises (MSMEs) and the government. Addressing an oath ceremony organized by the Industrialists Association Khunmoh, Majid highlighted the importance of cooperation to revolutionize industrial

Says GoI’s schemes treated with ‘contempt’ by banks in J&K UT Srinagar: The Federation of Chambers of Industries Kashmir (FCIK) has urged the Reserve Bank of India (RBI) to seriously monitor implementation of Credit Guarantee Fund Trust for Medium and Small Enterprises (CGTMSE) and other such schemes made available by Government of India (GOI) for smooth credit flow to MSMEs. It