Mehbooba pitches for credit restructuring for local business units
Srinagar: Union Finance Minister, Arun Jaitley called on the Chief Minister, Mehbooba Mufti here today.
Mehbooba Mufti discussed with the union Finance Minister the process of fund flow to the State, particularly under the Prime Minister’s Developmental Plan (PMDP) and sought timely and periodic release of funds under the plan.
The Chief Minister apprised Mr. Jaitley of the huge losses suffered by local business units, particularly the ones started by young entrepreneurs, during the unrest of last year and sought restructuring of credit facility to them.
Mr. Jaitley had reached here yesterday to attend the GST council meet beginning today.
