Inviting investors set to eliminate unemployment

The all-round transformation witnessed in Jammu & Kashmir is being recognized throughout the globe as the government has claimed that the prominent companies from across the country and abroad are looking forward to investing here in the Union Territory. The Lieutenant Governor, Manoj Sinha while speaking in 9th India International MSME Expo and Summit 2023 in New Delhi, has yet again invited the industry leaders and the potential investors to invest in Jammu & Kashmir, saying that new industrial development policy offers greater incentives, support for expansion and opportunity to explore emerging possibilities in Tourism, Information Technology Enabled Services, Agriculture & Allied sectors. As far as the figures are concerned, in the last two years, J&K has received 5,372 investment proposals worth Rs 70,000 crore while proposals worth Rs 24,000 crore from more than 1,800 companies have been approved. The investments in Jammu & Kashmir are all set to put an end to the unemployment in the Union Territory as the educated but unemployed youth would get a chance to showcase their skills and earn the livelihood for their respective families. Therefore, the investments in J&K is an appreciable step and the government must move beyond the invitations, but should meet the potential investors in person to make sure that the investments are done in Jammu & Kashmir, which would simultaneously bring a respite in terms of jobs to the unemployed youth. The industrial establishments that are also coming up in J&K must be given more focus so that the unemployed youth would not be forced to move from pillar to post to seek jobs here.