Minister Chauhan said that the IDS, originally notified in 2017, was previously approved for an outlay of Rs 131 crore, which was insufficient to clear pending liabilities. "This resulted in the delay of subsidy disbursement for eligible industrial units".
The existing industrial landscape is being transformed into a futuristic, profitable and sustainable ecosystem, leading to livelihood generation, better education, skill development and better quality of life.
Jammu (Jammu and Kashmir) [India], January 7 (ANI): In a major decision to encourage new investment in Jammu and Kashmir, the central government has approved a new industrial developmental scheme (IDS) with a total outlay of Rs 28,400 crores.
Srinagar (Jammu and Kashmir) [India], January 7 (ANI): Jammu and Kashmir Lieutenant Governor Manoj Sinha has launched an industrial development scheme amounting to Rs 24,800 crore for the Union Territory on Thursday.