For the first time in the UT of Jammu and Kashmir, the government is trying to explore the possibilities of making the Oil Industry a prominent plank.
It would be a game changer for a better economy as the J&K’s Oil Industry would witness significant transformation under HADP with an outlay of Rs 1290 cr.
Jammu and Kashmir’s oil industry would be witnessing a significant transformation with implementation of multifarious initiatives under Holistic Agriculture Development Program (HADP) by the Agriculture Production Department.
The recent release of the final report by the Apex Committee, headed by Former DG ICAR, has charted out the roadmap for implementation of 29 projects under HADP. Significantly, among the approved projects, promotion of oilseed cultivation has been given due consideration. The Oil seed project included several interventions aimed at increasing oilseed production and productivity, with an estimated annual output worth ₹ 1290 crore.
Additional Chief Secretary, Agriculture Production Department, reiterated that Jammu and Kashmir’s oil industry is about to receive a significant boost. The department will be implementing a multifaceted initiative aimed at promoting oilseed cultivation in the region with a project outlay of Rs 31.00 crore. This three year project is expected to create more job opportunities and contribute towards overall economic growth of the region.