Srinagar, Sep 19, KNT: Janata Dal United President for Jammu and Kashmir GM Shaheen Saturday welcomed the initiative taken by Lieutenant Governor Manoj Sinha to provide financial assistance to borrowers from business community and concession for common people on electricity and water bills.
Pertinently, LG Manoj Sinha announced that his government will give 5% Interest subvention to every borrower from business community at every level for six months and 50% concession on water and electric bills.
GM Shaheen in a statement to KNT said that such measures will give respite to common people who have suffered a lot in Kashmir Valley.
He said business community in Kashmir is under huge debts and the financial assistance from the government will relieve them to a great extent.
Shaheen appealed LG to take similar measure in future as well in the interest of common people. He said that Janata Dal United expect a lot for the incumbent LG and hopes he will continue to take people friendly measures in coming days. (KNT)
