The Government of Jammu and Kashmir has changed industrial policy and has encouraged people to invest here by ease of doing business. Recently LG Manoj Sinha industrial sector with the introduction of new Industrial development policy.
Jammu Kashmir has taken a giant leap in the industrial sector and investments from big companies from India & abroad continue to flow into the UT for industrial activities. Within two years, we have received investment proposals worth Rs 66,000 crores. In the last 6 months, one industrial-business unit has commenced its operation every day. This reflects the true picture of new & aspirational Jammu and Kashmir.
He reiterated the government’s commitment to develop more land for industries. Every facility will be extended to 18 industrial estates in the future. I want more people from J&K to set up industries and avail the benefit of the industrial development scheme.
Responding to the demand of The Institute of Chartered Accountants of India for land for centre of excellence, he announced that the land will be allotted for the said purpose.
He shared the vision of the UT Government for accelerating growth in various sectors. We are working with an integrated approach for development of all sectors, he added.
He spoke on efforts of the government to generate employment and livelihood opportunities for the youth.
More than 30000 vacant government posts have been filled in the last three years. And wherever any wrong was found, a CBI inquiry has been initiated.