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Home News Regional

Business community to jointly seek adequate revival support from govt

INS Desk by INS Desk
May 21, 2021
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Business community to jointly seek adequate revival support from govt

Srinagar: The business community in Jammu and Kashmir under the banner of Joint Organisations of Industries and Trade (JOINT) has decided to initiate joint efforts to ensure adequate revival support is provided by the government to help the restoration of businesses in the J&K.

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“In an extraordinary meeting held in Srinagar on Thursday, business leaders from all sectors agreed to put up the matter with the LG administration as well as the union government to ensure proper initiative is taken for businesses and industries in J&K, which have suffered huge losses due to the three consecutive lockdowns since August 2019,” reads a press statement issued here. The representative of as many as 35 associations related to business and industry attended the meeting. “It was agreed by one and all those businesses in J&K need relief and revival financial packages immediately to keep the wheel of the overall economy in the J&K moving,” they said, adding, ” The present scenario in terms of losses and showdowns of business units and establishments were thoroughly discussed in the meeting in which stake.”

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