Ahmedabad, Mar 9:
The Jammu and Kashmir administration will ensure that jobs, lands and assets
are protected for the people of the Union Territory as it invites investments
after abrogation of the special status, its Lieutenant Governor GC Murmu said
here on Monday.
The LG was
addressing businessmen at a roadshow organised for the upcoming Jammu and
Kashmir Global Investors’ Summit.
“Let me tell you,
a lot of apprehension is there, and local people also have apprehension that if
we open up Jammu and Kashmir, there will be a host of people coming from
outside, and what about us?
“At this forum, I
would like to say that although we have opened up everything, we will see to it
that job, land and assets are protected for the (local) people, as it happens
in Gujarat,” Murmu said.
Murmu said JK
youths are proactive and competent, and there was no lack of skilled manpower,
and industry setting up units there will create ample opportunities for them.
He said the JK
government is working to remove barriers and facilitate a single-window system
in order to attract investment, and claimed that Jammu and Kashmir was witnessing
a “paradigm shift” after the abrogation of Article 370 and 35 (A).
government on August 5, 2019 revoked Article 370 to take away Jammu and
Kashmir’s special status, and announced bifurcation of the state into two union
territories, Jammu and Kashmir, and Ladakh.
implemented three-tier Panchayati Raj system. We are empowering urban local
bodies. We are implementing other things, and also decentralising. Everything
will be in place. We will be facilitating single window system and are also
replicating Indextb kind of thing. So you will see more ease of doing
business,” he said.
Indextb is an
investment promotion organisation of Gujarat government to facilitate
The LG said that
Gujarati businessmen “are successful worldwide” and they should also explore
the vast investment opportunities in Jammu & Kashmir.
Murmu said the
kind of apprehension about the region that existed earlier is no longer here.
like militancy and other things are limited to certain pockets. That too has
become negligible. What was happening in earlier years is gone. There is
complete peaceful atmosphere there,” he said.
Murmu said while
there were no restrictions now on outsiders purchasing land in J-K, the
government is investing in urban infrastructure and connectivity, and has
earmarked a huge land bank to set up industries.
He said while the
region has ample hydro power supply, skilled manpower, and connectivity, his
government has come out “with a very competitive policy,” drafting sectoral
policy to facilitate investment.
restructuring departments, streamlining each and every thing to provide ease of
doing business. We are facilitating everything,” he said.
The LG informed
the industrialists that industrial barriers have been removed in J&K. Top
business houses of Gujarat including Rasna, Cadila, Ambuja Group, Amul, Adani,
Suzlon, Abellon Clean Energy and many others participated in the interaction.
CMD Rasna Pvt Ltd, RS Sodhi, MD, Amul GCCMF, Manish Gupta, MD, Ambuja Group and
many other prominent industrialists from Gujarat called on the Lt Governor to
discuss their investment plans in J&K. The Union territory of Jammu and
Kashmir has drawn interest of Investors, Corporates, Business owners across
India for the upcoming Jammu Kashmir Global Investors Summit.
With 6 domestic
roadshows, which ended in Ahmedabad city on Monday, the delegations led by the Lt Governor, attended by over 150
delegates, 21 B2G meetings has signed 35
MoUs worth Rupees 2141 crore with big corporates, MNCs, Business Groups and
Investors from different sectors.
It seeks to
attract investments, especially in the areas of textiles, food processing and
manufacturing from Gujarat.
were earlier held in Bengaluru, Kolkata, Mumbai, Hyderabad, and Chennai, with
MoUs promising investments of Rs 10,000 crore signed, an official said.