J&K all set to organise its first global investment summit

In a significant advancement, Jammu and Kashmir will organise its first global investment summit soon, informed Lieutenant Governor of J&K GC Murmu on Saturday.

“Government of Jammu and Kashmir will organise its first global investment summit soon, I invite all of you to visit the region. We have removed all barriers between J-K and the rest of India, the rules which are set for the rest of the country, now prevails in J-K too,” Murmu said in his speech at the India Global Week 2020.

He said that to keep up the vision of Prime Minister Narendra Modi, the government is taking steps to ensure a favourable climate for the industry as they have identified several sectors for industrial and economic development.

“Government is taking steps to develop state-of-the-art industrial estates, we are using 6,000 acres of government land for this and no agricultural land has been disturbed for this,” he added.

“We are in the final stages of creating an industrial policy that will be forward-looking, with tax benefits and other incentives in place.”