Industrial Policy
Recently Chief Secretary, chaired a meeting of Industries & Commerce Department to take assessment of the evolving Industrial scenario in J&K.
He advised for acting strictly against the allottes, who are not able to setup their units in specific timeframes provided under the New Industrial Policy.
He asked about the progress made on identification of land patches in different districts for augmenting the Industrial Estates across the UT. He noted the deficiencies found in the quantity of feasible land plots in developing Industrial estates and the proposals received by the Department for each of them.
Earlier the Commissioner Secretary, I&C, Vikramjit Singh presented a detailed account of the industrial ecosystem developed here over past few years. He gave out the progress made on investment front, NCSS, land allotments and raising of industrial infrastructure across the UT.
He delineated that an investment of more than Rs 8050 Cr has been realised since 2021. He also gave out that around 889 units promising employment to 46,857 people with an investment proposal of Rs 18,185 Cr have started ground work till the end of previous financial year.
He also revealed that first time ever multiple Rs 500 crore above investment units were setup in J&K under new industrial policy across different sectors. He revealed that UT is the first to achieve 97% reform implementation approved by DPIIT, GoI for BRAP 2022.
