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Compensate economic sectors under Disaster Management Act: FCIK

In a statement, the FCIK President Shahid Kamili while expressing his regret and sorrow over the large scale devastation caused to these sectors, hoped that the heavy snowfall would be declared as a "natural disaster" by the government and losses caused c

Post by on Wednesday, January 6, 2021

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Srinagar, Jan 06: The Federation Chamber of Industries Kashmir (FCIK) has impressed upon the government to initiate an immediate process of assessing the losses caused to industrial, horticulture and other economic sectors due to the heavy snowfall in Kashmir and to compensate these losses under the provisions of the Disaster Management Act of 2005.

In a statement, the FCIK President Shahid Kamili while expressing his regret and sorrow over the large scale devastation caused to these sectors, hoped that the heavy snowfall would be declared as a "natural disaster" by the government and losses caused compensated from the NDRF/SDRF funds.

He said that the government needed to realise that the snowfall has wreaked havoc with the horticulture sector, as most of the fruit trees have been damaged and at many places even uprooted under the weight of heavy snow. “The losses are enormous to say the least, even industrial sheds and industrial equipment across the valley have also been damaged.”

President FCIK informed that the unprecedented snowfall had abruptly halted the production of industrial units due to inaccessibility, power interruptions and other difficulties.

"Since the losses caused are beyond the bearing capacity of entrepreneurs to cope with, the government needs to come in for help under relevant provisions," he said.

While hailing the efforts of the Power Development Department for being the first at the job, the President FCIK hoped that power supply to all industrial estates would be restored immediately.

He, however, regretted that the work on snow clearance from roads leading to and within the estates was going on at snail's pace. “This has made it difficult for the entrepreneurs and their workers to reach their units.”

He informed that the corporations responsible for the management of industrial estates were yet to initiate clearance of the snow from internal roads of industrial estates and it appears that these corporations lacked preparedness to deal with the harsh weather challenges, the statement added.

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