ZT News Network
JAMMU: Lieutenant Governor, G C Murmu-led Administrative Council of Jammu & Kashmir, has accorded formal sanction to the transfer of over 13,665 Kannals of State/Government land for establishment of industrial estates.
This transfer has happened in 10 districts, which include Kulgam, Kupwara, Anantnag, Baramulla, Bandipora, Srinagar, Ganderbal, Budgam, Pulwama and Udhampur.
The administration expects this decision to create a land bank for development of new industrial estates/ventures in the said districts, providing new opportunities to young and aspiring entrepreneurs who wish to set up their own industrial units and expand employment opportunities.
It may be recalled J&K administration has planned to organize ‘Global Investors Summit’ in coming months in J&K. Availability of land will be a major factor for setting up of new and soft industries particularly employment generating ventures.
In another decision, the Administrative Council accorded sanction to transfer of land measuring 88 Kanals, 09 Marla situated in village Edipora Bomai, Tehsil Zainageer, District Baramulla to Higher Education Department for establishment of Government Degree College, Bomai.