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Industrial growth

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The J & K government has taken a lot of steps for the ease of doing business. In this direction already they have introduced new industrial policy which has resulted in establishment of new units both in Jammu and Srinagar.

Recently the Chief Secretary of Jammu and Kashmir held a review meeting to get feedback about the results of the new policy.

He was that a total of 529 units in Kashmir Division were granted general extension upto June, 2022 by APCC. Out of which 401 units have come into production, about 85 units have completed construction of the factory shed and require further extension of 6 to 12months for coming into production.

A total of 325 units in the Jammu Division were granted general extension. Out of which 160 units could come into production and were granted Permanent Registration whereas 2 units merged/amalgamated into existing units.

It was informed that a slew of policy measures to promote ease of Doing business have been initiated. In this direction some 161 e-Services majorly G2B services pertaining to 17 Departments are being provided on a single window portal.

As far as BRAP-2022 is concerned it consisted of 352 reform point suggestions for implementation. J&K has achieved 100 % implementation in 247 points, partial implementation in 52 points and 53 points are yet to be complied. It has been given out that as per the earlier directions of the Chief Secretary 100% implementation is targeted till the end of this month.

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