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Rising Kashmir > Blog > Top Stories > J&K attracts over ₹90,000 Cr investments since 2021: LG Sinha
Top Stories

J&K attracts over ₹90,000 Cr investments since 2021: LG Sinha

Irfan Yattoo
Last updated: February 23, 2024 7:29 pm
Irfan Yattoo
Published: February 23, 2024
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Srinagar, Feb 23:  Lieutenant Governor Manoj Sinha Friday revealed that the government of Jammu and Kashmir has received investment proposals exceeding ₹90,000 crores since the year 2021. He said transforming these proposals into tangible projects remains a top priority for the administration.
 
Lt. Governor Sinha, while inaugurating a new Girls Hostel at NIT Srinagar, highlighted the transformative impact of the new industrial policy introduced in 2021. This policy, he stated, has attracted significant interest from investors, with groundwork already initiated on proposals worth ₹15,000 crores. Additionally, he noted the establishment of 46 new industrial estates across the Kashmir and Jammu regions.
 
He further underscored the balanced regional investment distribution, with approximately ₹43,000 to ₹44,000 crores earmarked for the Kashmir Valley and around ₹47,000 crores for the Jammu region. Lt. Governor Sinha expressed confidence in the timely implementation of a substantial portion of these proposals within the current year.
 
“Approximately Rs. 43000-44000 Crores investment come up in Valley and 47000 Crores proposals have come in Jammu region,” he said.
 

Lt. Governor said the top priority of the UT administration is to transform these proposals into tangible reality. “I am confident that within this year, a major portion of these proposals will be implemented on the ground,” he said.     

On the occasion, LG Sinha congratulated the NIT management, faculty members, and students.

“The facility is dedicated to our daughters who are breaking the barriers in Science, Technology, Engineering and Mathematics- STEM education and ready to shape the innovation and entrepreneurial ecosystem,” he said.

He highlighted on developing a specialized workforce to meet the industry demands who should also be capable of solving local challenges.

“The biggest responsibility of the institutions like NIT today is to create a new generation of innovators. We should focus on developing an Innovation-driven economy in Amrit Kaal to strengthen the innovation ecosystem in the country,” he said.

LG also urged NIT’s faculty members to create a conducive environment for future-oriented capacity building of students and strengthening the synergy between educational institutions and industries.

“We must also ensure increased participation of women in STEM – Science, Technology, Engineering and Mathematics courses,” he said.

During his visit to NIT, LG Sinha highlighted the significant transformation in the educational landscape of the country under the leadership of  Prime Minister Narendra Modi.

“Today, our educational institutions are evolving into hubs of cutting-edge learning programs. With the diverse opportunities offered to our talented youth, we are poised to excel in the global knowledge economy in the future,” he said.

The inauguration of the state-of-the-art hostel marks a substantial stride in providing residential facilities for female students on the campus.

In his address, Director NIT Srinagar, Prof. A. Ravinder Nath said that expressed his heartfelt gratitude to LG Sinha for inaugurating this state-of-the-art facility.

“The foundation stone for the mega project was laid in March  2021, by LG Manoj Sinha. The vision and unwavering support have been instrumental in shaping this dream into a reality. We are deeply grateful for your continued commitment to the development of NIT Srinagar and the welfare of our students,” he added.

Prof. Nath said that the facility was developed at a total cost of Rs. 13.13 crores. This investment is not just in a building but in the future of our students.

“It is designed to be a home away from home for our female students, providing them with a comfortable and conducive environment. Our goal is to create an environment where every student feels valued, supported, and empowered to achieve their highest aspirations,” he said.

Regarding challenges, the Director NIT Srinagar, Prof. Nath said there is a shortage of academic & residential spaces on the campus. This hostel, with its capacity to accommodate 190 students, addresses this issue head-on, he added.

“I would like to express my gratitude to everyone involved in making this project a reality — the office of the Dean Planning & Development, CPWD, Engineers, construction teams, and all those who contributed their time and effort to bring the facility into a reality,” he added.

Institute’s Registrar, Prof.Atikur Rahman also expressed gratitude to the LG Sinha-led UT administration for their continuous support in developing the campus.

IGP Kashmir, Vidhi Kumar Birdi, Deputy Commissioner Srinagar Dr. Bilal Mohi-Ud-Din Bhat, and senior faculty members of NIT Srinagar also attended the event.

 
 
 
LG inspects progress of Balidan Stambh in Srinagar
Lieutenant Governor Manoj Sinha conducted the on-site inspection of the construction work of ‘Balidan Stambh’ at Pratap Park in Srinagar, today.
The Lt Governor emphasized on timely completion of the prestigious project.
The foundation stone for the Balidan Stambh was laid by Union Minister for Home Affairs and Cooperation, Amit Shah, during his visit to Srinagar in the month of June last year.
 
 
 
LG Sinha pays tributes to former LS Speaker Manohar Joshi
Lieutenant Governor Manoj Sinha Friday paid tributes to former Lok Sabha speaker Manohar Joshi who died earlier in the day.
“Saddened to learn about the passing away of Shri Manohar Joshi ji, former Lok Sabha Speaker & Ex CM of Maharashtra. He will always be remembered for his commitment to the concerns and welfare of the common man. My deepest condolences to his family in this hour of grief,” Sinha posted on X.
Joshi passed away at a Mumbai hospital where he was admitted following a cardiac arrest. He was 86. He was the chief minister of Maharashtra between 1995 and 1999.
Joshi was elected a member of Parliament and was the Lok Sabha Speaker from 2002 to 2004 when the Vajpayee government was in power.
 
 
LG greets people on Sant Guru Ravidas Ji jayanti
Lieutenant Governor Manoj Sinha, has extended his greetings to the people on the eve of Sant Guru Ravidas Ji’s Jayanti.
In a message, the Lt Governor said, “On the auspicious occasion of Sant Guru Ravidas Ji Jayanti, I extend my hearty greetings and best wishes to all. Sant Guru Ravidas Ji taught the values of a caring society and ideals of humanism, equality and justice, which continues to guide mankind towards securing a just and an equitable society. On this day, let us re-dedicate ourselves to the noble teachings of Guru Ravidas Ji and work for the under-privileged sections of the society”.
 
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Transparency & swift implementation key to J&K’s transformation: LG 
J&K aims to immunise 19 lakh children in Pulse Polio drive on Mar 3
Northern Army Commander visits Forward areas in Ladakh
J&K reports zero Hepatitis-B deaths for six consecutive years: Health Ministry

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