SRINAGAR: Commissioner Secretary Industries and Commerce, Vikramjit Singh, today chaired two separate meetings of the Secretary Level Committee to approve applications for the grant of registration and sanctioning of Capital Investment Incentive (CII) claims under the New Central Sector Scheme for Industrial Development of Jammu and Kashmir.
Director General Industries and Commerce, Jammu, Anoo Malhotra and Director Industries and Commerce, Kashmir, Mehmood Ahmed Shah deliberated upon incentive claims and registration cases.
During the meeting, the Committee sanctioned 13 cases of CII claims amounting Rs 2242.44 lakh, of which, 09 CII claims amounting Rs 2188 lakh pertained to the Jammu division and 04 CII claims amounting to Rs 54.44 lakh pertaining to the Kashmir division.
The Secretary Level committee approved a total of 117 applications (90 applications from the Jammu division and 27 from Kashmir) for registration under the New Central Sector Scheme. The total financial outlay of the approved units for registration involved is Rs 2967.27 crore (approximately).
Commissioner Secretary stressed upon the grounding of new investments and directed all the concerned officers and General Managers to expedite the process of registration and incentive claims under NCSS.
Director General, Industries & Commerce, Jammu, and Director, Industries & Commerce, Kashmir along with senior officers of both the Directorates of I&C including Director Finance, Joint Director of Directorate I&C, Jammu, concerned General Managers, DICs of both the divisions and General Manager, JKDFC, Gowhar Arif attended the meeting.
