Rs 40 cr given to flood-hit traders

Srinagar: Nearly 10,000 traders have been provided around Rs 40 crore as relief to restart their businesses, hit by the floods in September 2014, the Governor-led state government said today.
“Till date an amount of Rs 40.70 crore has been disbursed among 9,984 traders who were affected during the floods of September 2014,” Divisional Commissioner, Kashmir, Asghar Hassan Samoon said. While reviewing the disbursal of relief among traders, Samoon said the government was committed to help each and every trader who suffered losses during the floods.
“A proposal for release of additional Rs 120 crore has already been sent to the government and the same will be distributed among flood affected people,” he said.
An official spokesperson said 5,532 traders have already been granted cheques worth Rs 14.32 crore since the process of disbursal was expedited after February 25. Rs 1.10 crore was distributed among 377 traders of Srinagar, Rs 74 lakh among 390 traders of Anantnag, Rs 13 lakh for 39 traders of Pulwama and Rs 3 lakh among 12 traders of Bandipora district yesterday, he said.