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LG Sinha announces GoI approved Rs 28000 Crore Industrial Package for J&K UTs’

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Says package will help create 4.5 lakh jobs, pave way for Rs 20,000 Cr investments, give boost to UT’s industrial potential; new package to remain in force for 17 years

Jammu, Jan 07: Jammu and Kashmir’s Lieutenant Governor Manoj Sinha Thursday announced the GoI approved Rs 28400 Crore mega “Industrial Development Package-2021” for the UT’s industrial growth, investments and job creations in the industrial sector.

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Addressing a press conference in Jammu, the LG Sinha said that the Union Cabinet on January 6, sanctioned the huge Industrial Development Package-2021 for J&K’s industrial sector that has been craving for the real support from the Centre. “The package aims at providing a huge boost to the existing industrial sector, setting up new units, creating 4.5 lakh jobs and at least 20,000 Crore investments. The package will remain in force for 17 years i.e. till 2037,” he said as per news agency—KNO.

He said that with the announcement of the new industrial package, GoI has once again showed it’s committed towards sowing the seeds of growth, prosperity and employment. “This is a historic Industrial package that will give a boost to the industrial sector in J&K, create employment and pave way for outside investments as well,” he said.

He said the package will act as a big relief to the existing industrialists and will cover the manufacturing units as well as the service sector as well that includes the Tourism and IT sector.

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“This will give J&K’s economy a new boost and lead J&K UT towards growth and sustainable development,” LG Sinha said.

The LG also stated that the administration led by him was working a long and short term strategy for streamlining the power infrastructure in J&K.

“J&K has earned the first slot on road connectivity front and in the near future, every village will be connected through a better road. In 2023, people of J&K will travel in metro for the first time,” he said.

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High-valued narcotics worth Rs 100 crore seized in Ramban, two arrested: Police

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Police on Sunday said they seized high-valued narcotics worth Rs 100 crore in Banihal area of Ramban district and arrested two persons in this regard.

Also Read: 17 residential sheds gutted in Parimpora blaze

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A police official told that Ramban police intercepted an Innova vehicle at the railway chowk in Banihal, apprehending two individuals associated with large-scale narcotics.

The vehicle, travelling from Kashmir towards Jammu, was found to be concealing a substantial quantity of high-valued narcotics, he said.

During a thorough search, the police made a startling discovery, saying they recovered approximately 30 kilograms of a heroin-like substance from hidden compartments within the vehicle.

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The international market value of the seized drugs is estimated to be around Rs 100 crores, according to the official.

The arrested persons are currently in police custody, and further investigations are underway to ascertain the source and destination of this illicit substance, the official said.

He added that authorities are also actively pursuing leads to identify potential links to larger drug trafficking networks. KNO

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17 residential sheds gutted in Parimpora blaze

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At least seventeen residential tin sheds were gutted in a devastating fire incident on Jhelum banks in Parimpora area of Srinagar on Sunday.

Also Read: Seminar on financial literacy held at NIT Srinagar

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Reports reaching Asian News Hub (ANH) said that a fire broke out from a residential shed at around 04:30 am on Sunday morning which spread to other residential sheds within no time.

They said, fire tenders reached the spot on time however, upon their arrival nearly 17 sheds had suffered damages and the fire was brought into control within no time.

Meanwhile, police have taken cognizance of the incident and the cause of fire was not known immediately.

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As smart meters shine, darkness persists: People seek answers to ongoing electricity woes

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Despite the augmentation of power infrastructure and the installation of much-hyped smart meters, the electricity woes continue to torment the valley residents ahead of the winter as since past one week, consumers are facing pesky power cuts across the Valley.

The situation is equivalent in towns, cities and villages as the consumers have accused the concerned Kashmir Power Distribution Corporation Limited (KPDCL) of supplying inadequate electricity to them.

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“Despite the installation of smart meters, which were aimed to ensure better power supply, we are getting nearly 4-5 hours of electricity supply on a regular basis, which has added to the misery of consumers here,” said Jahangir Ahmad, a local from the Natipora area.

“Crores of rupees have been spent on the power infrastructure augmentations in the last couple of years, which were giving a hope of round-the-clock electricity to the people, but all in vein as seemingly the winter power schedule has been started in the valley during the Autumn season, thus pushing the people to the wall,” the residents said.

Such unscheduled power cuts are being witnessed everywhere nowadays as the complaints are being received from several other areas also.

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Also Read: Man dies in Anantnag as tractor skids off road

The consumers said that the electricity is being snatched for hours together and is being supplied for only a few hours in a day.

“The electricity supply was snatched multiple times today, which began from 6am to 8:30 am in the morning, 1 am to 2:30 pm in the afternoon and then 6pm to 8:30 pm in the evening,” one of the residents from Pampore said.

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The frequent electricity cuts have irked the people, who demand authorities to take immediate steps to ensure adequate power supply to them.

Pertinently, Kashmir’s power generation has got badly affected as according to the KPDCL Chief Engineer, Javed Yousuf Dar, the reduction in water level in river Jhelum, Chenab has lessened the power generation at the power houses of Kashmir.

“We are presently looking for an option to get the additional electricity to ensure adequate power supply to the people. We are on it and hopefully, the issue will be resolved in next few days,” Chief Engineer, KPDCL had said. KNO

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