Rs 50,000 Cr investment in J&K under New Central Scheme for Industries: Amit Shah

Union Home Minister Amit Shah has said that Rs 50,000 crore is expected to be invested in Jammu and Kashmir under the new central scheme for industries.

Launching a web portal for registration of industrial units under the ‘New Central Sector Scheme’ in Jammu and Kashmir, Shah said a new dawn of investment and industrial development will begin in the Union Territory with this initiative.

“Today, the most attractive industrial policy of the country is here. Under this policy of the Modi government, investment of more than Rs 50,000 crore will come in Jammu and Kashmir and under this, there will be all-inclusive, all-round development of Jammu and Kashmir,” he said.

The scheme aims to give fresh thrust to the industry and services-led development of Jammu and Kashmir with emphasis on job creation, skill development and sustainable development by attracting new investment and nurturing the existing ones.

Shah said the responsibility for the development of Jammu and Kashmir is not only of the local people but of everyone in the country.

“I request the country’s industrialists to come here and take advantage of this scheme and invest in the UT and make it one of the most important industrial states in the country and move towards making it a developed Union Territory,” he said.

Shah said apart from tourism, education and IT in Jammu and Kashmir, this policy will also take forward many other possibilities.

The One Nation, One Ration Card scheme, Ujjwala, DBT, Saubhagya and many other schemes have been fully implemented in Jammu and Kashmir.

The Prime Minister has made an ambitious plan in which a target has been set for providing clean drinking water to every household in the newly created Union Territory by 15 August 2022, he said.

The home minister said Jammu and Kashmir is the only region where every person has received the benefit of Pradhan Mantri Ayushman Bharat Yojana under which one can get free treatment of up to Rs 5 lakh.

He said the number of tourists visiting J-K had greatly increased after peace and security were ensured in Jammu and Kashmir.

It is expected that the UT of Jammu and Kashmir will have an additional investment of about Rs 12,000 crore in the establishment of about 1,200 industrial units, a commerce ministry statement said.

The scheme is anticipated to generate direct employment opportunities for about 78,000 persons along with employment in the primary sector including agriculture, horticulture, sericulture, animal husbandry and dairy, inland fisheries, etc through backward linkage including gainful engagement of women at household in craft, handicraft and handlooms, it said.

(Inputs from PTI)