Rs 40.70 crores disbursed among 9984 flood hit traders

Divisional Commissioner, Kashmir Dr. Asgar Hassan Samoon

Divisional Kashmir Dr Asghar Hassan Samoon today said that till date an amount of Rs 40.70 crores has been disbursed among 9984 traders who were affected during the floods of September 2014.

While reviewing the process of disbursal of relief among the traders, Dr Samoon said that government is committed to help each and every trader who suffered losses during September 2014 floods. The Divisional Commissioner was informed that the process of disbursal of relief was expedited after 25 February 2016 and from that time onwards 5532 traders have been granted cheques worth Rs 14.32 crores.

On 01 March 2016 an amount of Rs 1.99 crores was disbursed among 813 traders. Giving details the officials said that Rs 1.10 crores was distributed among 377 traders of Srinagar, Rs 74 lakhs among 390 traders of Anantnag, Rs 13 lakhs among 39 traders of Pulwama and Rs 3 lakhs among 12 traders of Bandipora today.

          The Divisional Commissioner said that the process of relief distribution would continue with full vigour. He said that a proposal for release of additional Rs 120 crores has already been sent to government and the same will be distributed among flood affected people.