Rs 50,000 Cr. to be invested in J&K after launch of New Scheme: Amit Shah

TIL Desk/National/New Delhi/ Union Home Minister Amit Shah has said that Rs 50,000 crore is expected to be invested in Jammu and Kashmir after the unveiling of a 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.