KTA seeks release of pending payments from J&K Agro Industries

Srinagar, Sep 19: The Kashmir Traders Alliance (KTA) has issued a fervent appeal to the authorities, seeking the immediate release of pending payments owed to its members by the Jammu and Kashmir Agro Industries.
In a statement, President KTA, Aijaz Ahmad Shahdhar spoke passionately about the plight of the suppliers, and contractors, stating, “Our members have been facing immense financial stress because of the prolonged delay in receiving payments from J&K Agro Industries and also pending liabilities in treasuries across Kashmir. This has not only affected their business operations but also put their livelihoods at risk. We implore the authorities to intervene and ensure the immediate release of these payments, which are rightfully owed to our members.”
“As the situation continues to evolve, the Kashmir Traders Alliance remains resolute in its mission to secure the financial well-being of its members and support the growth of the local economy. The alliance hopes that the government will act swiftly to address their concerns and facilitate the release of long-overdue payments from J&K Agro Industries,” Shahdhar said.
KTA, which represents a significant number of traders in the region, has expressed growing concern over the financial hardships faced by its members due to the delay in payments.
Shahdhar emphasised the importance of supporting the local business ecosystem in Jammu and Kashmir, which plays a vital role in the region’s economic growth and stability. “The delayed payments have not only caused financial distress but have also shaken the confidence of traders in the government’s commitment to supporting local businesses.”
Meanwhile, Haji Ghulam Ahmad Laigaroo urged the government to expedite the resolution process and provide a clear timeline for the release of pending payments.