No Compensation to Kashmir IT Firms for Lockdown Period: GOI 

In this file photo taken on August 18, 2019 cattle roam outside a closed building with offices of the internet provider STC and other software companies in the Rangreth industrial estate in Srinagar. (Photo: AFP)

SRINAGAR – There is no question of providing IT firms with any monetary compensation for loss of business during lockdown period following abrogation of Article 370, the government of India said on Friday.

Responding to a question by Prof M V Rajeev Gowda, politician and academician, in parliament, Minister of State for Electronics and Information Technology Sanjay Dhotre said: “According to Ministry of Corporate Affairs, no IT company has applied for closure since abrogation of Article 370 from Jammu and Kashmir (J&K).”

To questions by Gowda, a Rajya Sabha member, whether Government has provided these firms with any monetary compensation for loss of business during lockdown period or/and any financial aid to survive until the restrictions are lifted, Dhotre said: “Does not arise.”

Gowda had also sought to know number of firms and amount provided to each as well as whether Government has provided any alternative for the youth employed in the firms. (GNS)


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