J&K received 8,500+ investment proposals worth over Rs 1.69 trn: Dy CM

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J&K received 8,500+ investment proposals worth over Rs 1.69 trn: Dy CM - Business Standard

Quick Summary:

The Jammu and Kashmir government on Saturday said it has received over 8,500 applications with an investment proposal worth over Rs 1.69 lakh crore and employment proposals for over 6 lakh jobs with regard to the development of industrial units in the Union Territory.

Replying to the cut motion of CPIM member M Y Tarigami in the assembly, Deputy Chief Minister Surinder Choudhary said a total of 8,532 applications have been received through the Single Window System with proposed investment of Rs 1,69,282.22 crore and 6,06,203 employment proposals.

The government has provided land measuring for industrial purposes to 213 non-local people and 1,751 locals under the Industrial Policy 2016-26 and Industrial Land Allotment Policy 2021-30.