New investments to give fillip to JKs economic development Official
Srinagar Mar 21 PTI Know Jammu and Kashmir is the mantra adopted by the administration of the Union Territory for the ongoing visit of a high-powered industry delegation from the Gulf during which a strong impetus is expected for investments across various sectors including hotels and hospitals a senior official said on Monday Referring to the visit of a 36-member delegation that arrived here on a four-day visit on Sunday to explore investment opportunities Principal Secretary of Industries and Commerce Department of the Union Territory Ranjan Prakash Thakur told PTI that the visit is a good omen for JK focusing on some main sectors to give a fillip to investments and economic development This is a very high-level delegation Hospitals hotels are of their keen interest along with agro-industry IT and horticulture he said adding that the government has taken various steps with a new and futuristic mindset Besides Prime Minister Narendra Modi will kick-start investments worth about Rs 35000 crore in Jammu and Kashmir during his likely visit to the Union Territory next month the official said The prime minister will do the ground-breaking of investments worth about Rs 30000-35000 crore during his visit here Thakur said He did not get into the details of the prime ministers programme Thakur said that during the tenure of Lt Governor Manoj Sinha the Union Territory administration has received investments worth about Rs 50000 crore so far for which detailed project reports have been submitted and money has been deposited whereas the total investment stood below Rs 15000 crore in last six decades Thakur an officer of the Indian Railway Traffic Service of 1989 batch said there has been a fundamental shift in the policy and Jammu and Kashmir has made a huge leap forward JK is a high focus area now This is our time now and JK needs to develop for its own people There has been a fundamental shift in the policy as well as the implementation An ecosystem has been created and we are taking one step forward every day he said Referring to the visit of the delegation from Gulf countries the principal secretary said that the thinking has to change radically With the visit of the delegation the idea is just to whet the appetite but I am sure the investment will follow he said The idea is to expose Kashmir and clear their confusion about the place The visit is really important because we need investments in hotels and hospitals today for our future We have attracted investments worth more than three times than what JK got in the last 75 years By the end of the year JK will have investments worth Rs 75000 crore Thakur said He said the delegation consists of industrialists involved in the manufacturing of textile cement pharma fibre and cable among others Talking about the steps taken by the government in the last few months to bring JK on the industrial map Thakur said a single-window clearance system has been put in place He said the government has notified a change in the land use policy as well The incentivisation of investments has taken place which is the initial impetus a kick-start JK is one among the top five states in the ease of doing business We have shown that transformation is possible and the ground has been set he said However Thakur emphasised the need to overcome various challenges towards the implementation of the projects on the ground We have to improve the power scenario and we are working on that We have to create road infrastructure and improve accessibility And we have to hold ourselves accountable to deliver he said Thakur also said that the government will increase the number of medical seats by 1100 each year for the next three years PTI SSB HVA HVA
Srinagar Mar 21 PTI Know Jammu and Kashmir is the mantra adopted by the administration of the Union Territory for the ongoing visit of a high-powered industry delegation from the Gulf during which a strong impetus is expected for investments across various sectors including hotels and hospitals a senior official said on Monday Referring to the visit of a 36-member delegation that arrived here on a four-day visit on Sunday to explore investment opportunities Principal Secretary of Industries and Commerce Department of the Union Territory Ranjan Prakash Thakur told PTI that the visit is a good omen for JK focusing on some main sectors to give a fillip to investments and economic development This is a very high-level delegation Hospitals hotels are of their keen interest along with agro-industry IT and horticulture he said adding that the government has taken various steps with a new and futuristic mindset Besides Prime Minister Narendra Modi will kick-start investments worth about Rs 35000 crore in Jammu and Kashmir during his likely visit to the Union Territory next month the official said The prime minister will do the ground-breaking of investments worth about Rs 30000-35000 crore during his visit here Thakur said He did not get into the details of the prime ministers programme Thakur said that during the tenure of Lt Governor Manoj Sinha the Union Territory administration has received investments worth about Rs 50000 crore so far for which detailed project reports have been submitted and money has been deposited whereas the total investment stood below Rs 15000 crore in last six decades Thakur an officer of the Indian Railway Traffic Service of 1989 batch said there has been a fundamental shift in the policy and Jammu and Kashmir has made a huge leap forward JK is a high focus area now This is our time now and JK needs to develop for its own people There has been a fundamental shift in the policy as well as the implementation An ecosystem has been created and we are taking one step forward every day he said Referring to the visit of the delegation from Gulf countries the principal secretary said that the thinking has to change radically With the visit of the delegation the idea is just to whet the appetite but I am sure the investment will follow he said The idea is to expose Kashmir and clear their confusion about the place The visit is really important because we need investments in hotels and hospitals today for our future We have attracted investments worth more than three times than what JK got in the last 75 years By the end of the year JK will have investments worth Rs 75000 crore Thakur said He said the delegation consists of industrialists involved in the manufacturing of textile cement pharma fibre and cable among others Talking about the steps taken by the government in the last few months to bring JK on the industrial map Thakur said a single-window clearance system has been put in place He said the government has notified a change in the land use policy as well The incentivisation of investments has taken place which is the initial impetus a kick-start JK is one among the top five states in the ease of doing business We have shown that transformation is possible and the ground has been set he said However Thakur emphasised the need to overcome various challenges towards the implementation of the projects on the ground We have to improve the power scenario and we are working on that We have to create road infrastructure and improve accessibility And we have to hold ourselves accountable to deliver he said Thakur also said that the government will increase the number of medical seats by 1100 each year for the next three years PTI SSB HVA HVA
