Private investment

Private investment

J&K administration is trying to get the private investments especially in the agriculture sector as there is a huge boost by Holistic Agriculture Development Plan (HADP)

In order to scale up further infrastructure, the Lt Governor directed officials to push for greater private investment in inland ports, container depots, and food processing units.

Directions were also issued to develop a mechanism for regular meetings with representatives of old industrial estates to resolve their issues.

Highlighting that GI Tagging has offered enormous potential to transform the handicraft sector and to boost export, the Lt Governor said authenticity of products like Pashmina must be ensured for export.

He directed the concerned officials to accelerate the development of basic amenities like connectivity, power and water facilities in the new Industrial estates.

He also called for replicating the best models of Industrial Estates developed in other parts of the country.

He said we must ensure their increasing presence in the economy and designate more exclusive industrial estates for women entrepreneurs like the one established in Udhampur to facilitate women-run businesses and startups.

He directed for proactive steps to increase private industrial estates equipped with necessary infrastructure.

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