Lieutenant Governor, Manoj Sinha today approved the further release of Rs 250 crore as Interest Subvention, part of economic package for revival of business and industry in J&K, and handed over a cheque of the said amount to Jammu and Kashmir Bank as third instalment of the 5% Interest Subvention.
Arun Kumar Mehta, Financial Commissioner, Finance Department and RK Chhibber, Chairman and MD J&K Bank were present on the occasion.