SRINAGAR Minister of State for Industries & Commerce, Sajjad Ahmad Kichloo Wednesday stated that Government will assess the damage caused to the industrial sector so that a rehabilitation-cum-compensation package is worked out for those who suffered extensively due to massive floods in the State.
The Minister will chair a high-level meeting to discuss threadbare the course of action required to be taken for putting the industrial sector back on rails.
Extending a reassurance to the industrial fraternity, the Minister said he has discussed the matter with the Financial Commissioner I&C. All HoDs of I&C have been asked to submit their damage assessment reports. After examining these reports, a comprehensive package for units that have been damaged in the floods would be worked out, he said, adding the State Government will also approach the Centre for liberal funding to compensate the losses suffered by the industrial fraternity and government infrastructure.
Kichloo stated that he will also talk to various industrial associations of the State to incorporate their views in the package, that the Government will work out to overcome the losses due to floods.
Describing the flood fury as devastating that hit all the sectors of development in the State, the Minister gave an account of the damage sustained by I&C infrastructure. Almost all the sectors including, manufacturing, Handicrafts, Handlooms, trading and training have been badly hit. The Government will make all out efforts to revive these at the earliest, he assured.
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