Govt amends Procedural Guidelines to JK Industrial Policy 2021-30

Excelsior Correspondent

SRINAGAR, Apr 9: The Government has amended the Procedural Guidelines to the Jammu and Kashmir Industrial Policy, 2021-30 by adding two more clauses in the guidelines already approved and in place in J&K.
Concerning the changes, after clause 6.2, clause 6.3 has been added which is about the approval for any changes in Name and Style at the pre-registration stage, along with the revision of DPRs.
The newly added clause reads: “The concerned Director, Industries and Commerce Department on the recommendations of the Managing Director, J&K, SIDCO/SICOP shall be the approving authority for allowing any change in Name and Style at the pre-registration stage, subject to the following conditions in relation to revision of DPRs.”
The sub-clause (i), of 6.3 which has been added by virtue of the changes made States that there is no upward/ downward revision of the allotted land and it shall remain a constant factor and “under no circumstances revision of DPR should lead to a requirement for allotment of additional land.”
Another sub-clause is about the permissible changes in the DPR post allotment and not having an adverse effect on the merit of the allottee on the basis of which land allotment was made.
“The change in DPR shall not downgrade the criteria of merit as in point 2 above, or bring in any drop in the investment/ kanal and employment/ kanal based on which land was allotted,” reads the amendments about the third sub-clause of 6.3.
Further, as per the changes, after clause 8.4, clause 8.5 will be added and deal with the approval for any changes in the line of activity or additional line of activity at the pre-registration stage to be granted by the Managing Director of J&K SIDCO/SICOP on the recommendation of the Director of Industries & Commerce Department, subject to specific conditions regarding the revision of DPRs.
Sub-clause-i states that there is no upward/ downward revision of the allotted land and it shall remain a constant factor and under no circumstances revision of DPR should lead to a requirement for allotment of additional land.
“The merit on the basis of which land allotment was done shall not be affected adversely by the permissible change in the DPR post allotment. The change in DPR shall not downgrade the criteria of merit as in point 2 above, or bring in any drop in the investment/ kanal and employment/ kanal based on which land was allotted,” reads the sub-clause ii and iii of clause 8.5 of the Procedural Guidelines to the Jammu and Kashmir Industrial Policy, 2021-30.