Principal Secretary chairs SLC meetings regarding sanctioning of subsidy cases under CCIIAC, CCII, IDS


Principal Secretary chairs SLC meetings regarding sanctioning of subsidy cases under CCIIAC, CCII, IDS

JAMMU, DECEMBER 3: Principal Secretary, Industries and Commerce, Ranjan Prakash Thakur, today chaired separate meetings of State Level Committees for sanctioning of subsidy cases under Central Package of Incentives besides approval to 30 per cent Central Capital Investment Incentive for Access to Credit (CCIIAC) and 100 per cent Central Comprehensive Insurance Incentive (CCII) under Industrial Development Scheme (IDS-2017).

The Committee accorded sanction to cases of 3 per cent Interest Subsidy, 100 per cent Insurance Subsidy and 30 per cent CCIIAC amounting Rs. 4.13 crore for Jammu and Kashmir.

Director Industries and Commerce, Jammu, Anoo Malhotra and Director Industries and Commerce, Kashmir, Mahmood Ahmad Shah took up 35 subsidy cases pertaining to 3 per cent Interest Subsidy, 100 per cent Insurance Subsidy and 30 per cent CCIIAC under IDS.

Principal Secretary stressed on all the General Managers to clear the backlog of cases pending in their respective District Industries Centres.

Mahmood Shah along with officers of Directorate of I&C Kashmir, concerned DIC General Managers, General Manager J&K DFC, Gowhar Arif and representatives of banks attended the meeting while Anoo Malhotra along with officers of Directorate of I&C, Jammu; Director Finance I&C, R C Kotwal, representative of DG Accounts and Treasuries, Chairman Federation of Industries, Jammu, Rattan Dogra, representative of JKDFC, representatives of banks, concerned DIC General Managers participated online.