J&K clears Rs 2,116 cr industrial investment proposals

J&K govt has cleared 104 industrial proposals worth Rs 2,116 cr for the medium and large sectors during the last three years.

JAMMU: The Jammu and Kashmir government has cleared 104 industrial proposals worth Rs 2,116 crore for the medium and large sectors during the last three years.

J-K's Apex Project Clearance Committee (APCC), which met here yesterday under the Chairmanship of Chief Secretary B R Kundal, said the total investment mobilised by State Industrial Development Corporation (SIDCO) through these investment proposals has been to the tune of Rs 2,116 crore.

Out of the total proposals, 30 units have gone into production and 74 units are at various stages of implementation. The employment potential envisaged in these proposals are up to 17,500 people.

Kundal asked the pollution control board and SIDCO to jointly inspect the proposed sites of these units and ensure that the laid norms of Industrial Policy and natural beauty in their respective area of operation are maintained.

The chief secretary also emphasised to explore possibility of public private partnership to identify and develop land for industrial purpose.

He also asked SIDCO to prepare a comprehensive plan for this purpose.
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The meeting was attended by senior state government officials.
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