J&K announces new industrial development scheme worth Rs 28,400 crore

Sinha said that this scheme is from the period of date of notification up to the year 2037 with a total outlay of Rs 28,400 crore.

The Jammu and Kashmir administration on Thursday announced a new industrial developmental scheme (IDS) with a total outlay of Rs 28,400 crore to encourage new investment and to take industrial development to the block level.
 
“In a major decision of far-reaching consequence, Government of India has approved a new Industrial Developmental Scheme for Jammu and Kashmir,” Lieutenant Governor Manoj Sinha announced at a press conference.
 
“The scheme will go a long way in ushering an era of socio-economic development of the region and for catering to the aspirations of people,” he said.
 
Sinha said that this scheme