J&K Cabinet approves 5% interest subsidy for flood-hit traders

Jammu and Kashmir govt. has approved 5%  interest subsidy to flood-hit traders with effect from 1st April this year.The subsidy will have a cap of 5 lakh rupees per affected business unit for a period of four years. The decision will bring a major relief to September 2014 flood hit traders and business units.

To ensure proper implementation of the interest subvention assistance scheme, the Cabinet ordered constitution of a high-level Coordination Committee. The panel will be headed by Chief Secretary and comprising representatives of Relief Rehabilitation department, Finance department, Planning, and Development department.

Extra info:
1. Chief minister of Jammu and Kashmir – Mehbooba Mufti
2. Governor of Jammu and Kashmir – Sh. N. N. Vohra 

So let’s do:
1. Who is the Chief minister of 
Jammu and Kashmir ?
Who is the 
Governor of Jammu and Kashmir ?
3. Jammu and Kashmir govt. has approved ___  interest subvention to flood-hit traders .

Source The Economic Times


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