Several steps taken for establishing new industries in Jammu: Govt

Jammu, March 08: Several steps have been taken to establish new industries in Jammu region like new J&K Industrial Policy 2021-30, J&K Industrial Land Allotment Policy 2021-30, J&K Private Industrial Estate Development Policy (Amended version) 2021-30.
This was informed by the government in the House on Saturday, while replying to a question by BJP MLA from Billawar, Satish Sharma.
Apart from this, Policy for Promotion of Foreign Investment in Industrial Sector in J&K 2022, J&K Single Window Rules 2021, Turnover Incentive Scheme 2021, J&K Startup Policy, 2024-27 are among the other major steps taken by the government to establish new industries in Jammu region, the government informed the House.
At present, there is only 1 Industrial Estate in Billawar Constituency of Jammu region comprising 53.18 kanals of land.
Out of this, 18.5 kanal land is allotted to 05 units, the government said. Under Capex budget 2024-25, an amount of Rs 38.85 lakhs has been kept for upgradation of electrical distribution at IE SICOP Billawar.
An expenditure of Rs 31.08 lakhs has been incurred till date, the government informed the House. Moreover, an amount of Rs 377.26 lakhs has been proposed under budget estimates 2025-26 for development of Industrial Estate Billawar, the government informed the House.