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| Govt fails to give data of total investment in J&K | | Govt handout on NSWS reflects own contradictions | | Early Times Report
Jammu, Mar 5: Although the incumbent bureaucratic government in Jammu and Kashmir on Saturday claimed that over seven decades there was no industrial development in J&K but the authorities have failed to give data of total investment in the Union Territory during the last one and half year.
The Jammu and Kashmir Government on Saturday issued a long handout to claim that with the introduction of National Single Window System (NSWS) but the authorities in its press note has failed to give exact figure of total investment in J&K in general and Jammu region in particular during the last one and half year.
“With the launch of the new Industrial Development Scheme, government policies have evolved to make Jammu and Kashmir more competitive and more lucrative for industries and service enterprises. The reforms being introduced in the UT are bringing in more investments and in the year 2021 alone, J&K has received Rs 70,000 crore of investments as the key driving factors for these investments is the industrial development schemes. To attract robust investments, the Department of Industries and Commerce is the nodal agency in implementing the industrial reforms in the Union Territory.
The department will supervise the compliance of Business Reforms Action Plan, 2022 and Regulatory Compliance Burden, 2022.”, the official handout stated.
Despite stalking such claims, the government has failed to give exact figure of Rs 70,000 crores investment in J&K. The biggest question is in which sectors this investment is made.
Highly placed sources in the corridors of power said that except promise nothing has been done so far.
“After a dismal performance for over seven decades in the industrialization sector, Jammu and Kashmir has entered into a new age of developmental trajectory with the integration of ‘Single Clearance Window Portal’ with the National Single Window System (NSWS). The step has been dubbed ‘as a giant leap in Ease of Doing Business (EoDB)’ where the UT has been integrated to facilitate investment in the region”, the official handout stated. |
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