Crescent Kashmir

Focus on investment

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There is a focus on the investment possibilities in Jammu and Kashmir and the government is trying to identify the sectors so that there is a push to the economy here.

Recently LG Manoj Sinha said that the focus of the government is on increasing the investment in agriculture & allied sector, inclusive growth has been clearly underlined.

Budget puts a lot of emphasis on sustainable, equitable growth, more jobs, improving quality of life, education, strengthening the skill development, power sector, tourism, handicraft, tribal welfare, women empowerment & border areas development.

He expressed gratitude to Hon’ble Prime Minister Shri Narendra Modi and Hon’ble Union Finance Minister, Smt. Nirmala Sitharaman for the progressive and futuristic budget for rapid transformation of Jammu & Kashmir. Lok Sabha on Monday passed Rs 1,12,950 crore Jammu & Kashmir UT budget for 2022-23.

J&K is all set to accelerate the pace of economic development. The budget will ensure equitable, sustainable, inclusive growth and more jobs.

This budget builds upon the good performance of the last one year, meets all the challenges for which adequate provisions have been made particularly in the area of infrastructure development, facilitating investment & industrial growth & deepening grass-root democracy.

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