Govt announces Eid Bonanza for 2014 flood-hit businesses

Govt to transfer funds today to traders, farmers and others affected by 2014 deluge Ahead of the upcoming Eid festival, the state government is releasing cash relief to the flood-affected businesses, including traders, farmers, artisans, houseboat owners and others who were hit by the September 2014 deluge. The Chief Minister is going to set the cash-relief disbursement process rolling on Tuesday. The funds would be transferred directly to the bank accounts of the beneficiaries. Minister for Finance Haseeb A Drabu, at a meeting here today, said that the interest subvention…

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