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July 26, 2024 7:07 PM

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LG Manoj Sinha approves key amendments to boost strategic investments in J&K

In Jammu and Kashmir, the Administrative Council, chaired by Lieutenant Governor Manoj Sinha, approved amendments to the Jammu and Kashmir Industrial Land Allotment Policy 2021-30 today. Our Jammu Correspondent reports that, based on feedback, amendments have been made to clarify various clauses of the existing policy, aiming to simplify processes and enhance efficiency in land allotments. To encourage large investments having strategic importance to the economy of UT, the Government may allot land on a preferential basis to mega projects with minimum capital investment (excluding land and working capital) of at least 4,000 crores rupees.