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news details
Altaf Bukhari welcomes announcement of new industrial package for J&K
1/7/2021 11:45:26 PM

Early Times Report

Srinagar, Jan 7: Apni Party President Syed Mohammad Altaf Bukhari on Thursday exuded optimism that the industrial package with budgetary outlay of Rs 28400 crore announced by the government of India would give a fillip to the state’s ailing economy.
In a statement issued here, Bukhari extended gratitude to Prime Minister Narendra Modi, Home Minister Amit Shah and Lt. Governor Manoj Sinha for fulfilling their commitment towards growth and prosperity of the industrial sector in J&K.
Bukhari said, “I wholeheartedly welcome this mega industrial package which I am sure will usher in a new era of industrial growth in Jammu and Kashmir. The announcement has come at a time when there is an immense need for the revival of the ailing industrial sector in J&K.” Apni Party President remarked that it was a long-pending demand of the business community of Jammu and Kashmir and the government of India has fulfilled its commitment by announcing this package.
Bukhari said that the J&K’s economy is already in doldrums not only because of the COVID pandemic but due to the situation that emerged after August 2019 political developments. He said the industrial sector of J&K has suffered a lot due to turbulent situations and has unfortunately remained ailing for the last many decades. With the new industrial package, Bukhari said J&K is believed to witness a remarkable transformation in the existing industrial ecosystem thereby helping out lakhs of families associated with this sector. He said the new industrial development package can also be of great help to entrepreneurs across Jammu and Kashmir. “I would like to place on record the appreciation for the state administration headed by Lt. Governor Manoj Sinha for pursuing this issue and getting it approved from the central government,” he said. Apni Party President stated that the new industrial package has been estimated to set up new units along with a promised job creation for 4.5 lakhs, and that is what is needed direly at present in view of the alarming rate of unemployment in J&K.
Bukhari said the Apni Party has always raised its concerns about unemployment, skill development and creating sustainable development by attracting investments in Jammu and Kashmir at all government forums available to it. “I am hopeful that the new package will not only boost industries and commerce sectors but will also provide great opportunities for the qualified unemployed youth of J&K,” he added.
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