Crescent Kashmir

Industrial policy

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The Government of Jammu and Kashmir has framed a new industrial policy so that they give the investors an environment of ease of doing business here.

The J & K administration has a lot of hopes that there would be huge investment after the new industrial policy was announced.

In this direction recently LG Manoj Sinha interacted with Industry leaders at Kolkata and invited them to invest in J&K.

He said that industrial Development scheme outlay is being enhanced to meet the exceeded expectation of Investment in J&K, so that the big players come here and invest.

According to the J & K government, the proposed investment already reached Rs. 31,000 Cr, expected to cross Rs.51,000 Cr by the end of the financial year.

The Government of Jammu and Kashmir is coming up with the rules governing change of land use shortly to ensure seamless establishment of business enterprises on private lands also.

LG Manoj Sinha recently said that the aim of the government is to deepen the trust with business conglomerates, build the industrial base and strengthen the socio-economic stability here.

J&K is on a mission to renovate, reinvent & ready to take a quantum leap to become the Country’s fastest-growing region; pushing the targets for economic growth & employment.

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