KEA for early approval of Rs 44,000 crore relief package

SRINAGAR: Kashmir Economic Alliance(KEA) has asked state government for early approval of Rs 44,000 crore relief package from New Delhi, so that business fraternity could be duly compensated.
The Chairman of the Alliance Mohammed Yaseen Khan who met the Governor NN Vohra on Saturday apprised him of the hardships faced by the people in general and the business fraternity in particular after last year’s devastating floods, a statement issued by the alliance said.
Khan informed the Vohra that out of the one lakh shops affected in floods 20,000 shops run by small traders, have been badly hit and still not been compensated till date. The package according to the alliance would certainly give some relief to the business fraternity who have not recived compensation under the prevailing scheme of State Disaster Rapid Fund (SDRF).
During the meet the Khan also expressed dismay over the insensitive attitude of the Income Tax department by sending notices to these victims of the disaster. He insisted upon a waiver of VAT for the amount of the second quarter current fiscial.
He also asked for the deferment of filing vat returns for the 2nd and 3rd quarter 2014-2015 upto 31st of March 2015.
He requested Vohra to civic authorities dealing with the issuance of building permissions to make the issuance fast and hassle free.
Vice chairman KEA Mohamamd Iqbal Trumboo requested the governor to make the winter secretariat functional. He suggested that one Commissioner secretary,(by rotation), be present in Kashmir during the winter months with specific instructions to meet the people of the valley in order to redress their grievances.
He also asked for removal of transport incentive on wheat coming to Kashmir valley from Food Corporation of India, which has adversely affected the people of Kashmir.