Srinagar, Jan 31 (KNS): Reiterating its demand for an economic package for business community of Jammu and Kashmir, Awami Itehad Party once again asked the central Government to take cognisance of the losses caused by the abrogation of Articles 370 and 35-A.
The statement issued to Kashmir News Service (KNS) said that the manner in which New Delhi has been especially insensitive towards businesses in Kashmir would be remembered for all times to come. It is also pertinent to point out how Kashmir Chamber of Commerce came out with a detailed report regarding economic losses caused post August 5th, last year.
The mammoth losses suffered by traders, industrialists and other people associated with private businesses demand announcement of an economic package by New Delhi at the earliest, party Spokesperson Sheeban Ashai said in a statement to Kashmir News service.
Awami Itehad Party demands an economic assistance package to the tune of at least fifty thousand crores to revive and reinvigorate loss stricken private businesses in Kashmir. The current administration must also ensure that financial institutions provide necessary concessions to businesses for paying back loan amounts (KNS).