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Rising Kashmir > Blog > City > KCC&I delegation calls on LG Sinha
City

KCC&I delegation calls on LG Sinha

Economic & public welfare concerns discussed

RK News
Last updated: June 27, 2025 12:12 am
RK News
Published: June 27, 2025
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Srinagar, June 26: A delegation of the Kashmir Chamber of Commerce and Industry (KCC&I), led by its President Javid Ahmad Tenga, called on Lieutenant Governor of Jammu and Kashmir, i Manoj Sinha, at Raj Bhawan Srinagar today.

 

The delegation comprised Senior Vice President Ashiq Hussain Shangloo, Junior Vice President Fayaz Ahmad Punjabi, Joint Secretary General Umar Nazir Tibetbaqal, and Treasurer Zubair Mahajan.

 

During the meeting, the KCCI team highlighted several urgent economic and public welfare concerns that require immediate intervention of the administration.

 

The Chamber expressed its wholehearted support for the ongoing Shri Amarnath Ji Yatra and reiterated Kashmir’s unwavering commitment to communal harmony, mutual respect, and hospitality. The KCCI urged the Lt. Governor to direct the administration to take appropriate steps for smooth conduct of Muharram .

 

Referring to the adverse impact of the tragic April 22 terror attack in Pahalgam, the delegation drew attention to the serious economic disruption faced by Kashmir’s tourism sector.

The KCCI also highlighted the deepening financial distress being faced by local businesses and sought LG’s intervention in urging the Jammu and Kashmir Bank to extend the repayment deadline under its Special One-Time Settlement (OTS) Scheme – Karz Se Mukti – by at least six months.

 

KCC&I further requested that a revised new OTS scheme be announced with an enhanced ceiling in line with the prevailing MSME guidelines, so that more struggling units may benefit.

 

The Lieutenant Governor received the KCCI delegation with warmth and gave a patient and thoughtful hearing to their concerns.

 

Emphasising the administration’s commitment to the revival and sustained growth of tourism in Kashmir, LG reiterated that all necessary measures are being taken to boost the sector and create an enabling environment for the business community to thrive.

 

 

The Kashmir Chamber of Commerce and Industry reaffirmed its commitment to playing a constructive role in supporting peace, economic revival, and social harmony in Jammu and Kashmir.

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