SRINAGAR: A delegation of Kashmir Chamber of Commerce Industry (KCCI) headed by its President Sheikh Ashiq Ahmad had a meeting with Finance Minister, Abdul Rahim Rather to discuss various issues pertaining to the business fraternity in the Valley.
A statement issued here by chamber said KCCI discussed issues related to initiatives that need to be taken to contribute to growth and development of various economic sectors of the State.
The Finance Minister of J&K has assured the delegation that the issues raised will be addressed in a positive manner in due course of time, the statement said.
The statement added that KCCI would suggest that the handicraft being our heritage needs all support from the government to preserve and keep it going for the posterity.
“Sufficient interest subsidy must be provided by the state government of the loans by artisans, traders and exporters to help them produce more and more handicraft items such as carpet, shawl embroidery, kani shawl weaving, chain stitch, crewel, wood carving and paper machie,” it said.
Under the Dastkar finance scheme 3.50 lakh artisans were to be granted loan on interest to be subsidized by the government, it said.
The KCCI also said is an organization and is committed to look after the trade commerce and industry and other interests related to the economic growth and development of Kashmir has always been given representation on the boards of J&K Bank/ J&K State Financial Corporation in the past.