Srinagar: Days after the Government of India repealed 12 land laws and amended 14 others of the erstwhile Jammu and Kashmir state, the Union Territory Government has transferred 24,000 kanals (3000 acres) of land to the Industries and Commerce Department for “investment purposes”, Daily Excelsior reported, quoting officials, adding that an equal amount of land will be notified shortly following clearance from the Forest Department.
“While the government has fixed [a] target of 48,000 kanals of land for inviting investments in Jammu and Kashmir, only 24,000 kanals had been transferred so far to the Industries Department,” the Jammu-based newspaper quoted an unnamed official spokesman as saying.
The report said the target includes the extension of existing Industrial Estates as well as setting up of new Estates in the two capital cities of Jammu and Srinagar and other districts of the Union Territory as well.
Commissioner/ Secretary Industries & Commerce Department Manoj Kumar Dwivedi told the newspaper that despite COVID-19 pandemic, a number of big industrial houses were still in touch with the Department for investment purposes and negotiations with them are on.
At least 65 big houses are constantly in touch with the Government to set up their units, the report said.
The report said among the business houses who had shown “keen interest” for investments in Jammu and Kashmir during the roadshows organised by the Union Territory Government officials in various States before the COVID-19 pandemic broke out, nearly 20 per cent are still in touch with the Industry and Commerce Department.
“The names include some big houses,” it added.
Quoting unnamed sources, the newspaper reported that the government intends to spread the industry to various other districts of Jammu and Kashmir in addition to existing Industrial Estates in the twin capital cities of Jammu and Srinagar and districts other districts.
In Jammu division, Kathua, Udhampur, Samba, Rajouri and Poonch districts have been selected for the initial phase while Doda, Kishtwar, Ramban and Reasi districts will be taken up in the next phase.
In Kashmir division, Baramulla, Budgam, Pulwama and Anantnag have been selected for the initial phase while rest of the districts will be taken up later.
Though the newspaper initially put the quantum of land transferred and the quantum awaiting to be transferred at 2.4 lakh kanals both, it later corrected the figures through a corrigendum.
Shopian: An elderly man on Tuesday reportedly suffered cardiac arrest and died instantly when clashes...