J&K Govt Rejects Ramdev’s Rs 1,000-Crore Patanjali Park Proposal thewire.in

Yoga guru and businessman Baba Ramdev’s plans to expand his business to Jammu and Kashmir have suffered a setback. The government in the J&K Union Territory has turned down the proposal of Ramdev-owned Patanjali Food and Herbal Park Private Limited to acquire over 1,300 kanals of land in Jammu for setting up an industrial park. The company had submitted the proposal to the government in 2017, planning to invest Rs 1,007 crore to set up the park that would house at least different 30 units at Meen Chakra in Bari-Brahmana area of Samba district in Jammu. In the past two years, the proposal came up for discussion at least twice in J&K’s Apex Projects Clearance Committee (APCC), which clears new industrial units to be set up across J&K. When the Committee, headed by chief secretary B.R. Subramanyam met again last month, the proposal was rejected despite the fact that the government had shown willingness earlier to consider it.