BUSINESS

SAC approves ‘On Account Appropriation’ for First Quarter of financial year 2016-17

JAMMU: The State Administrative Council (SAC), which met here today under the chairmanship of Governor N.N. Vohra, approved the “On Account Appropriation” for a period of three months beginning April, 2016. Shri Parvez Dewan and Shri Khurshid Ahmed Ganai, Advisors to the Governor; Shri B.R. Sharma, Chief Secretary; and Shri B.B. Vyas, Financial Commissioner, Planning […]

Govt gears up for Agriculture Census

SRINAGAR: Financial Commissioner Revenue (FCR), Pramod Kumar Jain on Monday chaired a high-level meeting of all the Deputy Commissioners of Kashmir region to review the process of carrying out the Agricultural census. “The GOI has been conducting quinquennial Agriculture Censuses since 1970-71 that provides crucial information on the structural aspects of Indian Agriculture which continues […]

Seminar on credit plan held at Shopian

Srinagar : A daylong seminar regarding alignment of Annual Credit Plan (ACP) was held at Shopian today. The purpose of seminar was to link ACP with District Development Plan (DDP) so as to improve credit flow in the district by coordination of district administration and banks operating in the district to improve socio economic conditions […]

Shuhul automobiles announces to launch KUV-100

Srinagar:- Shuhul Automobiles Private Limited Monday announced to launch KUV-100, the much hyped young SUV car, in Kashmir at the inauguration ceremony of its newly built, state-of-the art showroom, at Srinagar. Chief Guest of the occasion, Anand total, Zonal head, Mahindra and Mahindra limited inaugurated the new showroom and unveiled the KUV-100, in presence of […]

Labour, Industry should work in tandem for accelerating economic growth: Ganai

JAMMU:– Advisor to Governor, Mr. Khurshid Ahmed Ganai has said that the labour and Industry should work in a close tandem in order to accelerate the industrial activities which would in turn ensure economic growth   and alleviation of poverty in the Country.  The Advisor was speaking at a Two  day Conference on labour Law […]

Pakistan, Iran aim to boost trade to $5 billion

ISLAMABAD: Pakistan and Iran aim to increase annual trade volumes between the two countries to $5 billion by 2021, Pakistani Prime Minister Nawaz Sharif said on Saturday. Sharif spoke at a business conference with Iranian President Hassan Rouhani, who arrived in Islamabad on Friday for two-day talks focused on increasing Pakistan’s electricity imports from Iran, […]

KCCI opposes hike in power tariff

Srinagar: The Kashmir Chamber of Commerce & Industry  Saturday opposed the hike in power tariff that was proposed by the Power Development Department before the State Electricity Regulator Commission. A spokesperson of KCCI in a statement said they presented the case of industry, commerce and general public at the public hearing of  the State  Electricity […]

Rs. 64.30 crore disbursed to Kashmir traders

Jammu : Governor N.N. Vohra today reviewed disbursement of relief to traders in Kashmir Valley. As per the report received from the office of the Divisional Commissioner Kashmir, Rs. 64.30 crore was disbursed to 25,103 beneficiaries by the Dy. Commissioners till today. Disbursed relief includes: Rs. 0.60 crore to 388 beneficiaries in Baramulla; Rs.2.60 crore […]

Rs. 894 crore flood relief disbursed for 147854 damaged houses

Jammu: As per the reports received by Governor N.N. Vohra, Rs. 894 crore of financial assistance has been disbursed under Prime Minister’s Reconstruction Plan to 1,47,854 flood affected persons, by the concerned Deputy Commissioners. Relief disbursed to the victims of flood damaged houses till date is: Rs. 409.37 crore to 62,242 cases in Srinagar district; […]

Div Com reviews disbursement of flood relief

 SRINAGAR: The State government has disbursed over Rs 1200 crore among the families and traders affected by the   September-2014 floods in Kashmir valley. Reviewing the process of disbursement of funds at his office here, the Divisional Commissioner Kashmir, Dr Asgar Hussain Samoon, said the monetary assistance will provide the much-needed relief to the flood […]

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