LG Manoj Sinha invites leaders from UAE to become partner in Jammu and Kashmir’s development
NEW DELHI: Jammu and Kashmir Lieutenant Governor (LG) Manoj Sinha invited business leaders from the United Arab Emirates to become partner in development and move together towards creating a more prosperous, equitable and vibrant Union Territory. Sinha addressed the India-UAE Investment Summit and interacted with the business delegates from the UAE and across the country […]
India’s Finance Minister hints at possibility of Modi government considering restoration of state status to Jammu and Kashmir
NEW DELHI: India’s Finance Minister Nirmala Sitharaman on Saturday hinted at the possibility of the Centre (Narendra Modi government of Central government) considering restoring state status to Jammu and Kashmir. She dropped the hint while talking about the distribution of funds to the states by the Centre as per the recommendations of the 14th Finance […]
Kashmir’s first multiplex screens Lal Singh Chaddha on opening day
SRINAGAR: Jammu and Kashmir Lieutenant Governor Manoj Sinha on Tuesday inaugurated the valley’s first multiplex in Sonawar area of the city, ending the three-decade wait of the movie buffs to watch their favourite stars on the big screen. “Inaugurated INOX multiplex theatre in Srinagar. Congratulations to the people, Sh. Vijay Dhar & INOX Group. A […]
Lieutenant Governor Manoj Sinha launches paddy procurement centres in Jammu and Kashmir
JAMMU: To ensure timely sale of paddy and remunerative prices to farmers, Lieutenant Governor Manoj Sinha on Saturday evening launched 20 procurement centres (PPCs) in Jammu, Samba and Kathua districts, an official said. In a first, the government of J&K has started procuring wheat in addition to paddy, the official spokesman said. Speaking at the […]
Jammu and Kashmir expecting investment proposals worth Rs 50,000 crore
SRINAGAR: Jammu and Kashmir is expecting investment proposals worth Rs 50,000 core which have the capacity to provide employment opportunities to 10 lakh persons, Lieutenant Governor Manoj Sinha said here on Sunday. “So far, proposals worth Rs 23,500 crores have been received. Investment proposals of Rs 35,000 crore by December 2021 and Rs 50,000 crore […]
Want to remove ‘Dilli ki duri’ as well as ‘Dil ki duri’ with Jammu and Kashmir: Narendra Modi
NEW DELHI: Prime Minister Narendra Modi on Thursday said he wanted to end ‘Dilli ki duri’ as well as ‘Dil ki duri’ with Jammu and Kashmir, which has been witnessing prolonged spell of militancy and unrest. He said this at a meeting held with 14 political leaders from Jammu and Kashmir to discuss the future […]
Jammu and Kashmir announces new industrial development scheme worth Rs 28,400 crore
NEW DELHI: The Jammu and Kashmir administration on Thursday announced a new industrial developmental scheme (IDS) with a total outlay of Rs 28,400 crore to encourage new investment and to take industrial development to the block level. “In a major decision of far-reaching consequence, Government of India has approved a new Industrial Developmental Scheme for […]
Jammu and Kashmir is witnessing a new dawn of development
JAMMU: Jammu and Kashmir Lieutenant Governor Manoj Sinha on Tuesday said the union territory is witnessing a new dawn of development and within the next 3-4 years, the people will see metro rail services revolutionising the transport network in capital cities. Sinha said this while meeting former ministers, former legislators and public deputations who called […]
India’s Kashmir region seeks $4 billion in investments, to provide security
By Aftab Ahmed NEW DELHI: India’s federal territory of Jammu and Kashmir plans to attract investments worth up to $4 billion in the next two to three years and would provide security to businesses setting up shop in the insurgency-hit region, its chief said on Saturday. Jammu and Kashmir (J&K) was India’s only Muslim-majority state […]
Jammu and Kashmir administration signs MoU with NAFED
NEW DELHI: In Jammu and Kashmir, the Union Territory Administration has signed a historic Memorandum of Understanding (MoU) with National Agricultural Cooperative Marketing Federation of India Ltd. (NAFED), an apex organization of marketing cooperatives for agricultural produce. With this the MoU, NAFED to cover 5,500 Hectares at a cost of Rs 1,700 crore in the […]
Jammu and Kashmir power sector to receive Rs 11,000 crore financial aid
SRINAGAR: A loan assistance of Rs 11,024.47 crore has been approved for Jammu & Kashmir (J&K) under the Atmanirbhar Bharat Abhiyan (liquidity infusion scheme in DISCOMs). This will enable J&K to clear its outstanding payments under power purchases made by it, officials said. An MoU for availing the second tranche of this loan for Rs […]
UAE’s Lulu group to set up food processing centre in Jammu and Kashmir
DUBAI: The UAE-based Lulu Group International has announced a plan to set up a food processing centre in Srinagar for sourcing a wide range of agri products from Jammu and Kashmir. The announcement was made by Lulu group chairman Yusuffali MA on Thursday during a meeting with a delegation from Jammu and Kashmir headed by […]
Jammu and Kashmir administrative council clears 850 MW Ratle hydroelectric project
NEW DELHI: In a significant decision the J&K Administrative Council in its meeting on Friday approved the proposal for development of 850 MW Rattle Hydroelectric Project in Joint Venture Mode by NHPC and JKSPDC. The Rs 5,300 crore project would be executed by a new Joint Venture Company-Jammu Hydroelectric Power Corporation Limited to be formed […]
Jammu and Kashmir dedicates land bank for industries
NEW DELHI: The Jammu and Kashmir Department of Industries has dedicated land bank for new industries and existing industries planning expansion, officials said on Tuesday. An official statement said the Industrial Policy 2016 envisaged creation of land bank of 20,000 Kanals over a period of ten years across J&K, with emphasis on locations outside urban […]
CBI takes over Rs 25,000 crore Jammu and Kashmir land scam case
NEW DELHI: The Central Bureau of Investigation (CBI) has taken over three cases linked to the ignorance of Roshni Act provisions in Jammu and Kashmir while conferring ownership rights of state land to “undeserving persons” in 2015 by inflicting a loss Rs 25,000 crore to the state exchequer. The probe agency took over these cases […]
90% of Jammu and Kashmir land cannot be sold to outsiders
NEW DELHI: The government has repealed 11 land laws that existed in the erstwhile state of Jammu & Kashmir (J&K) replacing the old, regressive, intrinsically contradictory and outdated laws with a set of modern, progressive and people-friendly provisions. The new land laws will not only afford protection to over 90 per cent of the land […]