Investments In J&K Likely To Reach Rs 35,000 Crore By December: Lt Governor
NDTV
Jammu and Kashmir Lieutenant Governor Manoj Sinha highlighted the key reforms and steps taken for managing the UT's economy during Covid, its growth potential and focus areas.
Jammu and Kashmir Lieutenant Governor Manoj Sinha on Tuesday said investments in the Union Territory are expected to reach Rs 35,000 crore by December 2021 and proposals for Rs 25,000-crore funding have already been received.
Mr Sinha highlighted the key reforms and steps taken for managing the UT's economy during COVID-19, its growth potential and focus areas, besides putting across issues that require consideration by the Union government during interaction with Finance Minister Nirmala Sitharaman, in a meeting chaired by her.
Highlighting the steps taken for growth in the economy, the lieutenant governor said, "The investment in J&K is expected to reach Rs 35,000 crore by December 2021 and proposals for Rs 25,000 crore have already been received".
He said that land has been approved for proposals worth Rs 1,700 crore. "Out of 6,000 acres of land earmarked for the development of industrial estates, 3,000 acres have already been identified."
