Welcoming the economic package announced by Lieutenant Governor’s Manoj Sinha led administration; Bharatiya Janata Party’s (BJP) Kashmir unit Saturday stated that it is a big relief for the people during the Covid19 crisis.
Party’s Kashmir Media-Incharge and senior leader Manzoor Bhat in a statement said that announcement of the economic package is the welcome move and hoped that it will boost the ailing business sector in the region.
“It is the first time that people associated with industrial and commercial consumers are being given 50 percent concession in electricity and water bills. It is the biggest relief for them and such initiatives during Covid19 are a sign of mature democracy,” he said.
Bhat said admin’s 5% Interest subvention to every borrower from business community at every level for six months will help the business community to revive their losses faced due to the Covid19 lockdown this year.
“We hope that LG administration will soon announce soon “structured package” for transporters, drivers, auto-drivers, houseboat owners, and shikara wallas, they have also suffered massive losses from during the lockdown,” he said.
Bhat said apart from financial constraints that country is facing this time, LG administration is doing the best thing possible to revive the business and development on track in the region.
“On behalf of every BJP worker in Kashmir, I extend my thanks to LG Manoj Sinha administration and central leadership for this package. It will provide relief to poor, farmers, businessman and citizens. The initiative will help JK to become self-sufficient,” he said.
"Announcement of economic package was need of the hour. It will bring much-needed relief to several stressed sectors and industries, especially small scale industries.”
As per Bhat there are still people who are being harassed by banks to pay loan interests and other such schemes, admin should also wave off their waiving loans or provide them concession and other things following the Covid19 situation in the UT.
“Farmers, apple growers have also suffered heavy losses this year, the administration should also, extend support to them so that they will not suffer anymore. It is prime responsibility of the administration to help its citizens during the crisis time,” he said.