Quotes MHA data to say crime is lowest in J&K
Kashmir will be connected with rail in March next
Sanjeev Pargal
JAMMU, Nov 21: Lieutenant Governor Manoj Sinha said today that there is better night life in Srinagar now than Khan Market (of New Delhi) and stone pelting and hartals have become history as he invited more private investments in Jammu and Kashmir.
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Addressing Engineering Export Promotion Council of India (EEPC India) National Export Awards function in New Delhi today, Sinha cited the Union Home Ministry’s data placed in Parliament saying there is lowest crime in Jammu and Kashmir than any other State/UT in India and common man is now living life at his will.
“Stone pelting and hartals have become history in Kashmir. There is better night life in Srinagar than Khan Market,” he said.
Assuring industrialists on behalf of the administration that there will be no problems to them in investments, the Lieutenant Governor also mentioned increased connectivity and announced that Kashmir will be linked by rail to Kanyakumari in March next year.
Work is on fast track for Katra-Delhi greenfield expressway and in the coming 1-1.6 years, it will be completed. It would help to reach Delhi from Katra in 5-5.30 hours.
On the air connectivity front, he informed that from Srinagar, 126 flights are being operated and from Jammu, the number is 44 and it will increase further.
Work for an Inland container depot will also start soon, he said.
Pointing towards near normal conditions in Jammu and Kashmir, he said 1.88 crore tourists visited the UT last year and this year the number is expected to touch 2.25 crore.
Seeking investments from the industry players, Sinha said Jammu and Kashmir has been providing better incentives and business environment than many other States.
“Business environment in the Union Territory is safe and secure. The industry department of Jammu and Kashmir at present has business proposals worth over Rs 86,000 crore and work is underway to bring them on the ground,” he added.
These investment proposals from big and medium industries are there for both Jammu and Kashmir divisions, he said, adding that several FDI (Foreign Direct Investment) proposals are also there. “Earlier, the investment proposals were confined to Jammu. Now, there are almost equal proposals for both the divisions”.
Also, Sinha said, the power supply to the industry is cheapest in Jammu and Kashmir than any other part of the country.
He informed that the UAE-based Emaar Group has announced plans to develop a shopping mall on 10 lakh sq foot of land in Srinagar and IT towers in both Jammu and Srinagar.
“I request you to come and invest. Huge opportunities are there in different sectors. We are providing better incentives than other states to set up industry,” Sinha said.
The incentives include cheap power tariffs, capital investment incentives and interest subvention, he added.
“Jammu and Kashmir is offering you endless possibilities and partnership… If you are looking to capture new segments, then Jammu and Kashmir is the new destination,” he said, adding the number of trains and flights connecting the Union Territory are also increasing.
Sinha further said that the UT administration is taking steps to promote industrialisation.
At present the Union Territory is giving better incentives for setting up new industries than any other State in the country, he said.
Referring to pollution in the national capital, he said that there is a better environment in Jammu and Kashmir.
An official handout said:- Lieutenant Governor Manoj Sinha addressed the Engineering Export Promotion Council of India (EEPC India) National Export Awards function in New Delhi, today and felicitated the recipients of the prestigious Awards for fiscal years 2019-20 and 2020-21.
In his address, Sinha congratulated the award winners of the 52nd and 53rd EEPC India National Export Awards and hoped that their achievements would inspire others for sustained excellence in engineering goods export in the years ahead.
“India is a global bright spot under the leadership of Prime Minister Narendra Modi and today we are not only contributing to global growth but also accelerating our own economic progress,” the Lt Governor said.
He said, the emergence of ‘Engineering Goods’ as one of the major contributors to export growth and its 7.2 percent growth in comparison to previous year, shows the relentless efforts of our dynamic entrepreneurs and EEPC India with an aim to promote ‘Make in India’ and to establish our capability across the globe.
At the Award ceremony, the Lt Governor shared the efforts of the UT Administration to optimize the immense potential of the business and Industry sector in Jammu Kashmir.
“I invite the industry captains to experience the urban transformation happening in our cities like Jammu and Srinagar and invest in the UT of J&K. This will also be your contribution to strengthen the nation’s unity. I assure every support and assistance from the UT administration,” the Lt Governor said.
Now, we have a favorable environment, connectivity, young talent, an improved security scenario and all the infrastructure for industrial growth, he said.
“Jammu Kashmir is offering the investors endless possibility and a partnership in strong profitable growth. If you are looking at the big picture and ready to capture a new segment, then Jammu Kashmir is your new destination,” the Lt Governor said.
He called upon the industry leaders, EEPC India and other stakeholders for creating new opportunities for businesses in engineering goods and services.
“Our inclusive vision will not only bring prosperity but it will also ensure that new technology and innovations contribute to efficiency and productivity and also focus on equitable and sustainable growth for Viksit Bharat,” the Lt Governor said
“I am fully confident about the ability of the engineering sector to translate India’s dreams into reality,” he said.
Arun Kumar Garodia, Chairman EEPC India; Pankaj Chadha, Vice Chairman, EEPC India; Pradeep Kumar Aggarwal, Regional Chairman, Northern Region, EEPC India; Suranjan Gupta, Executive Director and other members of EEPC India, industry leaders and exporters were present.
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