JAMMU, JANUARY 16: Commissioner Secretary, Industries &Commerce Department, Manoj Kumar Dwivedi, chaired meetings of State Level committees for sanctioning of subsidy cases under the Central Package of Incentives and sanctioning of 30% Central Capital Investment Incentive for Access to Credit (CCIIAC) respectively under Industrial Development Scheme (IDS) here today.
The Committees sanctioned cases of 100% Insurance Subsidy, 3% Interest Subsidy and 30% CCIIAC amounting Rs. 10.59 crore for Jammu Division and Rs. 1.84 crore for Kashmir Division.
Director Industries & Commerce, Jammu deliberated upon 48 subsidy cases pertaining to 3% Interest Subsidy, 100% Insurance Subsidy and 30% CCIIAC under IDS which included 22 subsidy cases from district Jammu, 15 subsidy cases from district Samba, 10 subsidy cases from district Kathua and 01 subsidy case from district Udhampur. However, 01 case from district Jammu amounting Rs 5.00 crore was deferred for want of original documents.