Jammu Kashmir industries and commerce department has received more than 4000 applications for online allotment of land for proposed investments in Jammu Kashmir, most of the companies- non-local.
As per official data, 4,114 applications online for land allotment for 44,327 crores proposed investment have been received by the Industries and Commerce department of Jammu Kashmir.
On Tuesday, Chief Secretary Arun Mehta chaired a meeting to review the functioning of the Industries and Commerce department.
He revealed that applications get scrutinized through a single-window system in which land is allocated using a transparent mechanism that takes into account the proposed investment per Kanal, proposed direct employment per Kanal, category of industry environmental impact assessment, and others.
The final list of allottees along with other details is shared on the official website of the department in an attempt to ensure transparency, he said.
In an attempt to encourage the handicrafts and handlooms of Jammu and Kashmir, Dr. Mehta stressed the linkage of the local market with the e-commerce platforms after suitable certification of product quality.
It was informed that during the recently held Dubai Expo 2022, the government of J&K has signed MoUs with various entities to bring in an investment of approximately Rs. 3,000 crore, which includes industry giants like Emaar, Lulu, Matu Investments, Al Maya Group, and Noon e-commerce.