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news details
CS chairs first Apex Committee meeting to review summit preparations
Upcoming J&K Global Investors Summit-2020 to change economic future of J&K
12/19/2019 9:51:37 PM
Early Times Report

JAMMU, Dec 19: Chief Secretary, B V R Subrahmanyam Thursday chaired the first meeting of the Apex Committee constituted for hosting the J&K Global Investors Summit-2020. The Apex Committee is responsible for the overall high level coordination necessary for the successful conduct of the Investment Summit.
All Administrative Secretaries, Divisional Commissioner, Jammu, Deputy Commissioner, Jammu, HoDs of various Departments attended the meeting held at Udhyog Bhavan. Divisional Commissioner, Kashmir, Deputy Commissioner, Srinagar and HoDs of Departments headquartered in Kashmir Division participated in the meeting through video conferencing.
A detailed presentation on the contours of the J&K Global Investors Summit-2020 was made by Principal Secretary, Industries & Commerce Department. Jammu and Kashmir Trade Promotion Organization (JKTPO) is the nodal agency for conducting the summit. Confederation of Indian Industry (CII) has been selected as the National Partner. Earnest Young, Pricewater house Coopers (PwC) and Expro have been selected as Knowledge, Media and Event Partner respectively through a competitive bidding process.
Several Committees such as Empowered Committee, Hospitality Committee, Venue Management Committee, Traffic & Security Committee, transport Committee, Cultural Committee, City Beautification Committees, Media and Publicity Committee, Sight Seeing Committee, Exhibition Committee etc with specific role and responsibilities, headed by Administrative Secretaries, are also being constituted. These Committees will be working in synergy for desired outcomes.
While underscoring the importance of J&K Global Investors Summit-2020 for J&K, Chief Secretary emphasized the need to synergize the roles and responsibilities of the Administrative Secretaries, HoDs and other officers to make the Summit a festive and rejoicing event with a focus on outcomes.
Chief Secretary said that that the Summit will kick start industrial development in J&K at par with other States and propel J&K as the preferred investment destination among the domestic and global investors. "Investors Summit will provide an opportunity to allay fears and apprehensions from the minds of outside trade and business community about investment in J&K. It will present immense opportunities to develop contacts between the local and outside business community and will provide not only primary employment but also generate secondary and ancillary employment opportunities for youth in J&K" Chief Secretary observed.
Chief Secretary asked Administrative Secretaries to focus on sectors in line with J&K's intrinsic strength and aspirations of its youth and come up with appropriate and investment friendly sectoral polices and investible project proposals so that J&K Global Investors Summit-2020 leads to tangible outcomes and a futuristic road map for rapid development of potential sectors in J&K.
Chief Secretary asked Industries and Commerce Department to prepare a set of standard response to the Frequently Asked Questions (FAQs) on investment in J&K for information of the potential investors and stakeholders. He asked the National, Knowledge, Media and Event Partners to provide maximum possible support to the JKTPO for successful organization of the event.
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