Srinagar: The Cabinet chaired by Chief Minister, Mehbooba Mufti Tuesday accorded sanction to the conversion of Government loans and financial assistance released from time to time by the Government to the Jammu & Kashmir Horticulture Produce Marketing Corporation (JKHPMC), amounting to Rs.77.39 Crore as on 31.03.2017, into fully paid-up Share Capital of the Corporation and conversion of interest part as well to the extent of Rs. 28.75 Crore, into equity Share Capital of the Corporation.
The decision has been taken to re-structure of the Corporation, improve its balance sheet, reduce dependence on the government loans and financial assistance, enabling the Corporation to secure loan from financial institutions for funding its business plans and to turn round the Corporation.
Secy RDD reviews sanitation preparedness near Holy Cave for Amarnath Yatra
Baltal ::Secretary, Rural Development Department (RDD) and Panchayati Raj, Mohammad Aijaz Asad, Saturday undertook an extensive review of sanitation arrangements...
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