The flood-affected traders and businessmen in Kashmir—who suffered huge losses in the September-2014 floods—won’t be getting any compensation as promised to them by the central and state government from time to time. Official sources disclosed to KP that the Government of India has decided against rehabilitating the flood-hit traders and provide interest subvention instead of any compensation. “After studying the contours of Rs 80000-crore package announced by the Prime Minister NarendraModi in Srinagar last year, it has come to the fore the Rs 800 crore earmarked for the business losses will…
Read MoreIt’s official: Flood-affected traders won’t get any compensation
