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New Industrial policy to boost J&K’s economy and employment; Rs 25,000 investment in the offing

“A new Industrial policy for the UT has been drafted and is ready. I am enthused about it and hope this policy will be in the public domain this month. In the coming three months, at least Rs 25,000 crores will be invested here under this policy,” Manoj Sinha said.

New Delhi: Unveiling a momentous plan for generating employment and lifting Union Territory’s economy, Jammu and Kashmir Lieutenant Governor Manoj Sinha on Friday told press that a new Industrial policy for the Union Territory (UT) has been drafted and is ready for roll-out.

“A new Industrial policy for the UT has been drafted and is ready. I am enthused about it and hope this policy will be in the public domain this month. In the coming three months, at least Rs 25,000 crores will be invested here under this policy,” said Sinha.

“Government of India is working on four different schemes regarding jobs. A financial package was announced for our UT regarding bunnies, trade, and industry. People have started receiving its benefits,” he added.

Lt Governor Manoj Sinha further said that this will not only serve as a roadmap for prosperous future but will also give ‘Oxygen’ for its next phase of growth.

“My objective is maximum utilisation of industries, manufacturing, service sector, village industries, handicraft, tourism, and technology to create more jobs in rural areas of Jammu and Kashmir. I believe there is a vast yet undiscovered talent in our village, waiting for an opportunity,” he added.

Kashmir valley snowfall --

Meanwhile, Sinha inaugurated Bawa Jitto Kisan Kendra and Agriculture Mall at Talab Tillo today.

In his address, the Lt Governor said, “This much-awaited infrastructure would serve the farming community by providing them a point to meet and get trained on the latest techniques and technologies used in Agriculture.”

He also informed that all the farmers have been linked with the PM KISAN initiative irrespective of their landholdings, which is proof of the government’s commitment towards the community.

The Lt Governor announced that the present dispensation has done away with restrictions on apple cultivation and that under the new regime, all are free to set apple orchards anywhere in the UT, subject to favourable agro-climate conditions.