Govt Has Levelled The Field For Jammu, Kashmir And Ladakh To Integrate In India’s Growth Journey

The Centre has leveled the field for Jammu, Kashmir, and Ladakh to integrate in India’s growth journey; the onus is now on all of us to take them along. A year ago, we saw the bifurcation of the state of Jammu & Kashmir into Union Territories of Jammu & Kashmir and Ladakh. As evidenced in the last one year, it has provided the new UTs with a plethora of opportunities to improve the economic and industrial landscape and accelerate the pace of growth and development. The potential both the UTs hold for sectors such as tourism, hydropower, horticulture, floriculture, bio-medicinal plants, food processing, handicrafts & handlooms has been known to all. However, when it comes to attracting investments and realizing the potential in these sectors, we have not even touched the tip of the iceberg. As an investor, besides other factors of production such as the availability of raw materials, manpower, capital and market, the other key fundamentals that one looks at is the availability of land and also the laws, its provisions and acts that are going to help in facilitating and driving business.

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