The Jammu & Kashmir Government on Monday disclosed that an investment of Rs 10516 crore has been made in the Union Territory since 2019.
In a written response to question of MLA Budhal Javed Iqbal Choudhary, minister in-charge Industries & Commerce Surinder informed the House that an investment of Rs 10516 crore has been made in the Union Territory since 2019-20.
Of which investments worth Rs 3407. 63 crore have been made in Kashmir and Rs 7108 crore in Jammu, the minister said.
He said an investment of Rs 164.37 crore has been made in Kashmir in 2019-20, Rs 148.89 crore in 2020-21, Rs 125.87 crore in 2021-22, Rs 737.36 crore in 2022-23 and Rs 1423. 17 crore in 2024- 25 upto February 25, 2025,
The minister said an investment of Rs 132.27 crore has been made in Jammu in 2019-20, Rs 263.85 crore in 2020-21, Rs 250.89 crore, Rs 1416.07 crore in 2022-23, Rs 1966.20 in 2023-24 and Rs 3079.57 crore in 2024-25.
The minister also said that several policies and schemes have been implemented to attract investments in the UT.
The policies include the new central sector scheme for the industrial development of the Union Territory of J&K 2021, J&K Industrial Policy-2021-30, J&K Industrial Land Allotment Policy 2021-30, J&K Industrial Land Allotment Policy 2021-30.
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