J-K Lt Governor announces Rs 1,350 crores economic package for business community

Jammu and Kashmir's Lieutenant Governor, Manoj Sinha announced Rs 1,350 crores economic package for business community who are facing economic difficulties.

This will be additional to the benefits of 'Atma Nirbhar Bharat'.

"I am glad to announce Rs 1,350 crores economic package for the people in the business community facing economic difficulties.

This is additional to the benefits of 'Atma Nirbhar Bharat' and other measures taken by us to comfort the business community," said Manoj Sinha.

"We have decided to give 5% interest subvention to every borrower from the business community, without any conditions for six months in the current financial year.

This will be a huge relief and help in generating employment here," Manoj Sinha said in a press conference at Srinagar.