Jammu & Kashmir - Investment
and Industrial Policies
Industrial
Policy (2004 - 2015) New
The state cabinet accorded approval
to its path breaking Industrial Policy 2004. With a view
to give stability to the policy, it was decided that the
Industrial Policy 2004 shall remain valid until March 31,
2015 when it will be reviewed. The cabinet emphasized on
the need to promote local employment in industrial units
of the state. If specific skills are not available in the
state, special training will be organized to train local
youth in such skills. Ensuring maximum local employment
in industrial units will form a condition of approval for
any new industrial units. The cabinet also laid great stress
on ensuring that the incentives and subsidies reached the
genuine industrialists without much loss of time.
Information
Technology Policy
Information Technology (IT) is having
an enormous influence on global economy. It has revolutionized
the nature of human interaction and has become a prime mover
for services. IT is now close to becoming the most important
driver of the global economy. The competitiveness of a country’s
economy and well-being is getting closely aligned to its
ability to innovate and participate in the IT industry.
The State Government is seized
of the significance and enormous potential of IT in the
economic development of the State. It would facilitate the
creation of a sound IT production base in the State through
conscious efforts and policy initiatives enumerated in this
document.
Small
Scale Industry Policy
Small Scale Sector is defined in terms
of limits on investment in Plant & Machinery as notified
vide Government of India Notification dated 10th December,
1997.
Whereas the Central Government considers
it necessary with a view to ascertain which ancillary and
small scale industrial undertakings needs supportive measures,
exemption of other favorable treatment under the Industries
(Development and Regulation) Act 1951(65 of 1951) (hereinafter
referred as the said Act) to enable them to maintain their
viability and strength so as to be effective in promoting
in a harmonious manner the industrial economy of the country
and easing the problem of unemployment, and Securing that
the ownership and control of the material resources of community
are so distributed as best to subserve the common good.
Web
Policy
Government of J&K realizes the
importance of World Wide Web Services and its capabilities
to provide information to the citizens across the world and
to reduce the gap between the Government & Citizens. Public
domain information needs to be published on the web, with
objective of "Fast & Easy Availability of information
& Services Technically (FEAST)". The state government
intends to provide information & services to the citizens
using Internet. A need has been felt to standardize the web
related issues across the state. This web policy is expected
to ensure a uniform standard amongst the existing web sites
of various departments and also ensure speedy development
of web sites for the departments that are in the process of
developing their own websites.
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