Fresh investments
Government has taken various steps especially by making a new industrial policy to bring fresh investments in Jammu and Kashmir. It is because of such efforts that recently a business summit was held in Jammu and a lot of investments were received.
Recently LG Manoj Sinha in a radio programme enlisted various breakthrough steps and initiatives that the administration has been taking for furthering the economic growth and equitable development of J&K UT, bringing investment and creating a host of new opportunities for the people of Jammu Kashmir.
He outlined that positive initiatives in the economic sector are imperative for improving the standard of living of all sections and creating a society free from any discrimination.
He said that the first and historic Real Estate Summit organized with the broader goals of ensuring economic prosperity, employment opportunities and financial strengthening of the local business groups, witnessed investment agreements to the tune of Rs 18,300 crores.
J&K Government and well-known business groups at the Dubai Expo at the beginning this year, the Lt Governor noted that these initiatives are essential to accelerate the pace of economic and social change, thereby improving the lives of the common man.
He cited the example of the growth story of Gurgaon- where a cluster of few villages was transformed into a vibrant industrial ecosystem, today housing offices of 250 of the world’s largest multinational companies bringing in massive investment, opportunities and prosperity for common citizens.
