Advertisement
Tuesday, Sep 21, 2021
Outlook.com

New Scheme, Old Doubts

An elaborate industrial blueprint rolls out for J&K—New Delhi says it fills a gap Article 370 had created. The local economy, storm-hit and comatose, views it with suspicion.

New Scheme, Old Doubts
Photograph by Umer Asif
New Scheme, Old Doubts
outlookindia.com
2021-01-15T13:12:37+05:30

When Jammu and Kashmir’s Lt Governor Manoj Sinha ann­ounced a Rs 28,400-crore industrial development scheme for the Union territory, the BJP was quick to link it with Article 370’s abrogation. The party’s J&K president Ravinder Raina claims industrial development didn’t take place in the region due to Article 370, but now investors in the manufacturing sector will get a 30 per cent subsidy if they invest in areas with established industries such as Jammu and Samba districts, and 50 per cent in far-off areas like Poonch, Kupwara and Kishtwar. J&K’s trade bodies and regional political parties, however, are cautious about commenting. “The government issued a press statement, but the fine print is not available anywhere, not even on the website of the department of industries. Unless we know what is in the policy, how can we say anything about it?” asks Devender Singh Rana, National Conference president for Jammu.

The Kashmir Chamber of Comm­erce and Industries (KCCI) says the ­government should encourage joint...

Advertisement

Outlook Newsletters

Advertisement

Read More from Outlook

Munna Bhais Still Flying High In High-Profile Entrance Examinations

Munna Bhais Still Flying High In High-Profile Entrance Examinations

Experts believe the swindlers have taken control of the entire system and they are doing so without any fear. They suspect one can get 99.5% only if one gets the question paper in advance.

Infiltration Bid By Heavily Armed Militant Group In J&K's Uri,  Army Operation On

Infiltration Bid By Heavily Armed Militant Group In J&K's Uri, Army Operation On

The authorities have suspended internet and mobile phone services in the Uri sector. 'I assure you that we are alert and our troops on the ground are alert as well,' said an Army officer.

'It's A Wake-Up-Call For RCB', Says Virat Kohli After KKR Loss

'It's A Wake-Up-Call For RCB', Says Virat Kohli After KKR Loss

The result put KKR in fifth spot while RCB remain static at third.

Centre Gives Go Ahead To Assam CM To Hold Talks With Ulfa (I) Chief

Centre Gives Go Ahead To Assam CM To Hold Talks With Ulfa (I) Chief

Himanta Biswa Sarma had invited Barua to hold talks with the government and give peace a chance soon after becoming chief minister in May.

Advertisement