Union minister of state for Home affairs Nityanand Rai today informed Rajya Sabha that the Government of Jammu and Kashmir has received investment proposals worth approximately Rs 31,000 crore so far after the abrogation of Article 370.
However, MoS Home Nityanand Rai in a written reply to Rajya Sabha said that the Government has notified the New Central Sector Scheme for Industrial Development of Union Territory of Jammu and Kashmir (J&K) on February 19, 2021, to attract capital investments in Jammu and Kashmir.
This has been supplemented by the J&K Industrial Policy, J&K Private Industrial Estate Development Policy and J&K Industrial Land Allotment Policy.
