Government’s constant effort to boost investment climate in UT: LG Sinha

Srinagar, June 25: Lieutenant Governor Manoj Sinha said on Saturday that the government of Jammu and Kashmir is constantly trying to boost the investment climate in UT and those who try to disturb the peaceful atmosphere are the greatest enemies of the industrial and socio-economic growth of J&K.

He made the remarks during his meeting with industry leaders and representatives of various industry associations from across Jammu and Kashmir.

The meeting deliberated on improving the ease of doing business and supporting local industries.

Speaking on this occasion, the Lieutenant Governor said: “Some measures of the 2020 business recovery program, which have not yet been saturated in all sectors, will be implemented in a timely manner to cushion the shock of the pandemic.

“The UT government has consistently worked to boost the investment climate, deliver on the Prime Minister’s Aatmanirbhar Bharat vision, and we have undertaken several key initiatives to establish a transparent system for attracting capital and leveraging the local entrepreneurial potential,” said the Lieutenant Governor. observed.

He said that business development and flourishing is only possible in peace.

Those who attempt to disrupt the peaceful atmosphere are the greatest enemies of J&K’s industrial and socio-economic growth, the Lieutenant Governor said.

At the heart of the government’s industrial policy is providing opportunities and assistance to local industries, economic growth and job creation for our youth, added the Lieutenant Governor.

The government is sensitive to the challenges of the Industry and Business sector and is committed to providing all assistance. A committee comprising the Department of Industries and Commerce and Entrepreneurs is being formed as an institutionalized mechanism to hold regular interactions with industry representatives, chambers of the two divisions to resolve issues and challenges facing businesses, the lieutenant governor said.

The Lieutenant Governor highlighted the technological interventions and online services introduced to extend fully seamless and hassle-free government services to the business and industry sector.

The Lieutenant Governor further informed that the administration is developing a separate industrial zone policy for startups.

A similar interaction will take place soon in Jammu with representatives of Chamber and Industries.

Many representatives of the Chamber and Industries Association of the Jammu region were unable to attend today’s meeting due to the closure of the Jammu-Srinagar highway.

During the interaction, the representatives of various associations including FCIK, KCCI, PHDCCI, KPO, TAHAFUZ, KCC, Confederation of Indian Industry, Hydel Power Association, Kathua Industrial Association, Industrial Estates, etc. projected their issues and concerns and requested the intervention of the Lieutenant Governor for their early redress.

Dr. Arun Kumar Mehta, Chief Secretary; Vivek Bhardwaj, Commissioner of Finance (Additional Chief Secretary) Department of Finance; Pandurang K Pole, Divisional Commissioner of Kashmir; Ms. Anoo Malhotra, Director, IofC, Jammu; Mahmood Ahmad Shah, Director, IofC Kashmir, along with heads of delegations and relevant senior officers were present during the interaction here at SKICC.

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