Srinagar, Nov 20 (KNS): Jammu and Kashmir Entrepreneurs Development Association (JKEDA) on Sunday held an emergency meeting at Hotel Pine Spring Wazir Bagh Srinagar under the chairmanship of Aijaz Ahmed in which numerous Entrepreneurs participated and discussed the various issues at length.
According to the statement issued to KNS, the association said that the main issue which was stressed upon was the illegal deductions of the EMI’s (CC/ Term Loan Accounts) by J&K Bank and mental harassment of the Loanee’s by the Bank and deducting the money from the accounts without intimation of the Borrowers and or Guarantors during the turmoil/ unrest in the valley.
These issues were discussed and the decision was taken that to give representation to the Chief Minister of the state and before the chairman J&K Bank with regard to the above mentioned issues which are immediate and grave in nature to be addressed.
The Association has more than primary members of 3200 in all three provinces of all three provinces are with association and all members are will remain steadfast with whatever decision taken by the Association in the welfare of the Entrepreneurs of J&K.Click Here To Follow Our WhatsApp Channel
“It was unanimously decided that if issued raised will not be addressed at the earliest then we will forced to take our issue and will hit the streets with the protests so that Govt has to take some decision with regard to save our future,” the statement adds.
The association has decided to organize a peaceful sit in on 23/11/2016 at press enclave at 11.30 am so that our voice may reach to the deaf ears of the state Govt and the Chairman J&K Bank.
“We demand the interest free moratorium for the reestablishment of our units and if at all enhancements of the loans are needed that shall be provided in a hassle free and guarantor free manner,” statement adds. (KNS)