The INS News
No Result
View All Result
  • Home
  • News
    • Regional
    • Srinagar
    • Jammu
    • National
    • World
  • Business & Economy
  • Multimedia
    • Photo Gallery
    • Video Gallery
  • Health
  • Jobs & Careers
  • Press Releases
  • Blog
  • Home
  • News
    • Regional
    • Srinagar
    • Jammu
    • National
    • World
  • Business & Economy
  • Multimedia
    • Photo Gallery
    • Video Gallery
  • Health
  • Jobs & Careers
  • Press Releases
  • Blog
No Result
View All Result
The INS News
No Result
View All Result
Home News Jammu

5327 applications, investment proposals received so far in J&K: MHA

INS Desk by INS Desk
March 23, 2023
A A
128 Security Personnel, 118 Civilians Killed Post 5 August 2019 In J&K: MHA

Srinagar, Mar 23: 5327 applications and investment proposals have been received so far in Jammu and Kashmir, Minister of State for Home Affairs, Nityanand Rai said on Thursday

RELATED POSTS

MeT forecasts mainly dry weather although chances of evening showers not ruled out in Jammu & Kashmir

Highest ever investments worth Rs 2200 Cr made in J&K under NIP in 2022-23: Officers to CS

Dr.  S A Qureshi Posted Executive Officer J&K State Haj Committee

In a written reply to a question in the Rajya Sabha, Rai said that as per the information provided by the Government of J&K, a total of 5327 applications/investment proposals have been received so far since the announcement of New Industrial Policy 2021. “The anticipated investment which was worth Rs. 64,058 crore in December, 2022 has now touched Rs. 66,000 crore.”

Out of 5327 proposals received, he said, land has been allotted in respect of 1854 units and 854 have paid the premium.  “560 units have signed Lease deed and have taken over the possession of the land allotted,” he said in the reply, adding, “129 units have started work on ground.”

In addition, he said, 350 existing units have also come into production after announcement of New Industrial Policy, 2021.

After the introduction of J&K Industrial Policy, 2021, investment worth Rs. 1924.64 crore (Rs. 376.76 crore in 2021-22 and Rs. 1547.88 crore in 2022-23 (up to January, 2023) has come on ground, he said. “The investment during the current financial year is the highest ever compared to any other previous financial years.”

The Government of Jammu and Kashmir, he said, has taken several steps such as Business Reforms Action Plan – Ease of Doing Business, development of new industrial estates, development of basic infrastructure including roads, power, water, drainage, sewerage treatment and handholding of investors to encourage investments and to create employment opportunities for the youth coupled with income generation. 

Among other steps, he said, government has allowed the Business Reform Action Plan- Ease of Doing Business (BRAP-EoDB) to boost industrial growth.

Buy JNews
ADVERTISEMENT

He said Government is strategically working on Implementation of BRAP. “352 BRAP points have been complied and 3188 burden compliances have been reduced under BRAP,” he said, adding, “167 services of 18 departments have been provided on single window portal. The BRAP score of J&K has improved from 0.30% to 79.67%.”

Also, he said, Single Window Clearance System has been started to provide seamless services to the prospective investors. He said all the Government to Business services have been brought on Single Window System for convenience of both the Government departments and the investors.

He said that there has been development of new Industrial Estates and improvement of infrastructure. “Investor Facilitation Cell is in place for necessary facilitation/ awareness, with the aim to connect the industries with global markets and further inviting investors to promote J&K as an ideal investment destination.”  

ShareTweetSend
INS Desk

INS Desk

Related Posts

Mainly Clear Weather Forecast After Days Of Rain In Jammu and Kashmir
Jammu

MeT forecasts mainly dry weather although chances of evening showers not ruled out in Jammu & Kashmir

June 6, 2023
Jammu

Highest ever investments worth Rs 2200 Cr made in J&K under NIP in 2022-23: Officers to CS

June 5, 2023
Jammu

Dr.  S A Qureshi Posted Executive Officer J&K State Haj Committee

June 5, 2023
25 JKAS Officers Transferred In Jammu and Kashmir
Jammu

2 JKAS Officers Transferred

June 5, 2023
Humanity facing ‘grave challenges’ of plastic pollution today: LG  
Jammu

Humanity facing ‘grave challenges’ of plastic pollution today: LG  

June 5, 2023
LG chairs 5th UT level meeting of NCORD: Discusses strategy to counter menace of drug abuse
Jammu

LG chairs 5th UT level meeting of NCORD: Discusses strategy to counter menace of drug abuse

June 5, 2023
Next Post
CRPF Officer Receives President Police Medal For Meritorious Service

CRPF Officer Receives President Police Medal For Meritorious Service

All policies, schemes of govt are people-centric: LG

All policies, schemes of govt are people-centric: LG

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *




Entry of media persons restricted at polling booths

October 9, 2018
KU hosts 2-day national ‘sirah’ seminar

KU qualifies for 3rd round of North Zone Inter-varsity Badminton (WOMEN) Tournament 2018-19

November 20, 2018
KCC&I ‘resents’ transfer of land to police for housing colony in Zainakote

Banning JeI ‘provocative crusade’ against particular community: KCC&I

March 3, 2019

About

Indian News Service (INS) is the first registered online news portal from the state of Jammu & Kashmir. Our creative team consists of like-minded and socially concerned team of media professionals who carry decades of experience in their field of profession at their back. Our core values have pillars in honesty, empathy, credibility, equality and integrity.

More

© 2022 INS News - Designed by GITS.

No Result
View All Result
  • Home
  • News
    • Regional
    • Srinagar
    • Jammu
    • National
    • World
  • Business & Economy
  • Multimedia
    • Photo Gallery
    • Video Gallery
  • Health
  • Jobs & Careers
  • Press Releases
  • Blog

© 2022 INS News - Designed by GITS.