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Businesses in J&K need govt handholding to recover from losses: KCCI

“Businesses in J&K, particularly in the Valley have been facing the toughest times in terms of huge losses due to the situations unfolding over the past two years,” KCCI said in a statement here.

Post by on Friday, June 4, 2021

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Srinagar, June 04: Kashmir Chamber of Commerce and Industries (KCCI) on Friday urged the government to initiate steps for revival of businesses in Jammu and Kashmir stating that government handholding is crucial for sustenance of the badly-hit sectors.

“Businesses in J&K, particularly in the Valley have been facing the toughest times in terms of huge losses due to the situations unfolding over the past two years,” KCCI said in a statement here.

“Administration is well aware of the fact that be it a roadside vendor, an auto-rickshaw wala, transporters, shopkeeper, traders, travel agents (Inbound / Outbound), hotelier, handicraft sector or an industrialist; everyone requires handholding by the government in these turbulent times,” it added. 

The statement said it is the responsibility of the government to come forward with a helping hand for the relief and revival of these businesses. 

Regarding the row in the Kashmir Inc, the statement said it has been observed that a group of the contesting candidates and some general members for the forthcoming KCCI elections have indulged in deceitful activities in the name of the election campaign.

“The KCCI condemns their activities and warns them to refrain from violating the code of conduct.” 

“They along with some general members have recently filed a contempt of court case against the KCCI. However, KCCI would like to emphasize that the case will be contested with strong substantiation,” it added.

“We request these candidates to put a stop to their unethical activities immediately.  Otherwise, KCCI will be forced to file legal action for their violation of the rules and regulations of the Constitution and Moral Code of Conduct of KCCI Elections,” the statement added. 

It added that KCCI president Sheikh Ashiq would continue taking up the issues related to the business with the concerned authorities and pursue their cause till the new office-bearers are elected.


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