J&K Global Investors Summit-2020: Govt to come up with investment polices within one week
Jammu, Feb 14: Chief Secretary, B V R Subrahmanyam Friday chaired 2nd Apex Committee meeting to review preparations for the upcoming J&K Global Investors Summit-2020 to be held in the capital cities of Srinagar and Jammu. Chief Secretary expressed optimism that the summit will prove to be a gala event and will be a determining factor in ushering J&K into an industrial hub. The summit will not only help to present business-friendly policies of the Government; identify business opportunities in J&K to participating trade and industry organizations but also harmonize J&K’s intrinsic strength and aspirations of development and employment opportunities. Chief Secretary asked all concerned Administrative Secretaries to redouble their efforts for preparing investment-friendly sectoral polices within next one week. He also emphasized the need to synergize the roles and responsibilities of the Administrative Secretaries, HoDs and other officers to encourage one on one interaction with the potential investors in their respective Departments/areas so as to make the summit productive and outcome-oriented. Financial Commissioner, Finance, Financial Commissioner H&ME, Principal Secretary, Home, Principal Secretary, HUDD, Principal Secretary, Hospitality & Protocol/Information, Commissioner Secretary, Industries& Commerce, Commissioner Secretary, School Education, Secretary, Horticulture, Divisional Commissioner Jammu, Secretary Tourism, Secretary DMRR&R, Secretary Law, MD JKTPO, Director Industries Jammu, and representatives of partner agencies participated in the meeting. Divisional Commissioner, Kashmir participated in the meeting through video conference. MD JKTPO made a presentation detailing the activities planned for pre, main and post event. As part of a pre-event activity, road shows have been scheduled from 17th February, 2020 onwards in major cities across the country. Each road show shall focus on showcasing the specific sectors for seeking investment in J&K. The road shows will be held at Bengaluru, Kolkata on February 17, Mumbai on February 21, Hyderabad on March 2, Chennai on March 5 and Ahmedabad on March 9, 2020. Senior officers and dignitaries will preside over the pre-event functions slated during the road shows to set the stage for the main summit. International road shows are also being planned to attract foreign investment. Besides, Mini Conclaves will be held at Srinagar and Jammu in the month of March, 2020. Signing of Memorandum of Understanding (MoU) with interested investors will also form a part of the road shows and the main summit. While reviewing the preparedness of various pre-event activities, Chief Secretary laid emphasis on ensuring participation of major industry players for enhanced awareness among investors to project J&K as investment friendly region. It was decided that the Media & Publicity Committee will finalize the Media Plan and share it with Industries Department for its implementation. Nodal officers from each Department shall be nominated for dissemination of information on focus sectors.