JAMMU, April 19 -- The Industries and Commerce Department today refuted certain reports in a section of newspapers wherein apprehensions with respect to disbursal of turnover incentive claims were made.
A communique received here by the department in this regard stated that Jammu and Kashmir Industrial Policy 2021-30 was aimed to attract substantial investment in industry for the production of goods, services and employment generation through optimal utilization of available resources. For giving the liquidity boost to the existing unit holders the Government of J&K announced the Turnover Incentive Scheme-2021 for all the eligible existing units within the applicable time period of the policy with the overall capping of Rs. 50.00 crore per...