In order to give a push to the industrial development in Jammu and Kashmir, the government has started making new industrial estates. Rs.150 crore have been provisioned for development of New Industrial Estates during 2022-23.
Rs.42.60 crore have been earmarked for development of new Industrial Estates at Budhi Kathua, Mearth Ghatti, Rakh Rara Swankha Morh Samba & Katli Dhaini (Samba) in Jammu division and Khonmoh, Sempora, Chandgam Tahab, Hardoo Dahruna Dooru and Hassan Noor in Kashmir division.
Rs.3.91 crore have been provisional for construction of 7 Common Effluent Treatment Plants (CETPs) in the existing Industrial Estates. Common effluent treatment plants (CETPs) are treatment systems specifically designed for collective treatment of effluent generated from small-scale industrial facilities in an industrial cluster. The main objective of CETP is to reduce the treatment cost for individual units while protecting the environment.
1,354 units under Jammu & Kashmir Rural Employment Generation Programme (J&K REGP) will be established in 2022-23 involving margin money of Rs.25 crore with employment to 8124 persons. REGP is implemented through the Khadi and Village Industries Commission (KVIC) to help eligible entrepreneurs to set up village industry units and thus create employment opportunities in villages including small towns with population upto 20,000.