Business

Feroze Peerzada Hails J K Bank For Opening Banch In Dangerpora

Senior executive member of Jammu and Kashmir Peoples Movement FerozePeerzada has thanked Jammu and Kashmir Bank chairman for opening business units at Dangarpora, Sopore.

In a statement, Peerzada said, “Opening of a J&K Bank branch in Dangerpora, Sopore, which is a business hub in north Kashmir, was a long pending demand of the local populace and traders community.”

Peerzada hailed the J&K Bank authorities for acceding to his request. “It will provide a big relief to the general public as well as traders to have banking facilities at their door steps,” he said

Earlier, people of the area had to travel a long distance uptoSopore to reach the J&K Bank branch. Availability of banking facilities in their area would go in a long in the promotion of business and self employment opportunities in the area, he said.

“In fact, other premier banking institutions especially EllaqaiDehati Bank, and Cooperative Bank should also open their business units in Dangerpora to enable consumers to avail banking facilities at competitive rates. Dangerpora  is primarily a horticulture and agriculture based area which has a vast fruit business potential,” he said.

Peerzada asked the banks to create awareness among the fruit growers about post harvest technology and provide them hassle free lending facilities to set up their own cold storage units,  Grading and Packaging sheds besides purchasing modern agriculture machinery like power Tillers and  multipurpose tractors to boost their business.

He said there are various central and state government schemes for promotion and development of agriculture and horticulture based industries which offer special subsidy and concessions.






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