‘JK expecting investment proposals worth Rs 50,000 cr’
Posted on Aug 16, 2021 | Author RK News
Srinagar, Aug 15: Jammu and Kashmir is expecting investment proposals worth Rs 50,000 core which have the capacity to provide employment opportunities to 10 lakh persons, Lieutenant Governor Manoj Sinha said here on Sunday.
"So far, proposals worth Rs 23,500 crores have been received. Investment proposals of Rs 35,000 crore by December 2021 and Rs 50,000 crore by March 2022 are expected to follow, which shall provide employment opportunities to at least 10 lakh young boys and girls," Sinha said in his Independence Day speech at Sher-e-Kashmir Cricket Stadium here.
Quoting from the Bhagavad Gita, Sinha said the administration is following the spirit of "Yato Dharmah Tato Jayah (where there is dharma, there is good governance, there is order and victory) .
"With this spirit, we have shifted from the policy of announcements to the policy of implementation on the ground. Before 2019, Jammu and Kashmir was deprived of the benefits of industrial revolution. But now we are determined to ensure Ease of Doing Business with Ease of Living, Sinha said.
The recently announced New Industrial Scheme of Rs 28,400 crore by the government is already attracting huge