Fresh start
With the new industrial policy in force, Jammu and Kashmir is witnessing establishment of new industrial units.
According to the government around 600 units with an investment of Rs 850 cr came under production this year so far.
Recently the Chief Secretary of Jammu and Kashmir reviewed the establishment of industries under New Industrial Policy (NIP).
He reviewed the progress for establishment of industrial units here in the UT under New Industrial Policy (NIP) 2021-30.
The meeting was attended by Principal Secretary, Industries & Commerce; Directors of Industries, Jammu/Kashmir; MD SIDCO & SICOP and many other concerned officers in person or through virtual mode.
He impressed upon the officers to ensure that each of the prospective unit holders is facilitated to establish their units in a hassle-free manner. He asked them to have interdepartmental coordination for better performance under the single window system created by the government.
He upheld that the youth are the direct beneficiaries of the policy as the industrialization is proportional to employment generation. He emphasised on the fact that the applicants who do not come forth for execution of lease deeds should be put to notice for cancellation of their allotments. He asked them to give these to other applicants who are waiting for the allotment for establishing their units.
