Recently the Chief Secretary of Jammu and Kashmir in a review meeting said that during the current financial year they will try to realize huge investments here.
In a review meeting of the Industries & Commerce Department chaired by the Chief Secretary, it was informed that an investment of Rs 2153 Cr was made by different players under the New Industrial Policy of the UT government generating employment for more than 11,000 people during the year 2022-23.
Besides the Principal Secretary, Finance and Commissioner Secretary, I&C the meeting was attended by Secretary in Industries Department; Director Industries, several other HoDs and other concerned officers either in person or virtually through video conferencing.
He impressed upon the officers to achieve the target of realizing the investment of ₹ 4000 Cr till the end of current fiscal, which is 5 times higher than highest ever prior to 2019. He asked them that the same is immensely achievable as the available land in our Industrial Estates and proposals received are sufficient to meet the target.
He stressed on streamlining the land use or change in land use in the UT for vibrant development of the industrial sector, besides addressing issues related to different kinds of lands such as jhad, khola, khad etc in accordance with rules. He advised the constitution of a committee to look after the land use issues in new industrial estates. He directed for resolving all the issues related to development of these industrial estates at the earliest.
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