Srinagar: The high-level Land Allotment Committee on Saturday cleared land allotment to two mega projects worth Rs 144.66 crore having employment potential of 100 in Kashmir division, an official press release informed.
It said Principal Secretary, Industries and Commerce Department, Ranjan P. Thakur, chaired first meeting of the high-level Land Allotment Committee for Kashmir division today to approve allotment of land for establishing projects having proposed investment from Rs 50 crore to Rs 200 crore under the provisions of J&K Industrial Land Allotment Policy in Srinagar.
At the outset, Thakur highlighted that the process of land allotment has been streamlined and is made transparent in a committee-based appraisal and allotment method.
The applications are received round the clock on the Single Window Portal www.investjk.in making it an ongoing process, the press release said.
It said the process of land allotment, for the first time, adopted a strategy based on different parameters of the project report and presentations as envisaged in the Land Allotment Policy 2021-30.
Tazayun Mukhtar Kawos, Director Industries and Commerce, Kashmir (Member Secretary, Land Allotment Committee) presented the agenda for five cases before the Committee and expressed optimism that the decisions in the meeting usher in a new era of growth, industrialization and employment generation in J&K besides promoting a culture of entrepreneurship, the press release said.
It said the high-level Land Allotment Committee took up all five projects for allotment of land in Industrial Estates, IGC Lassipora, IE Khrew and IE Tulbal Sopore of Kashmir division with a projected investment of Rs 430.41 crore.
After deliberations on case to case basis, the committee approved two cases of land allotment with a projected investment of Rs 144.66 crore having employment potential of 100. The remaining three projects were discussed and due to certain shortcomings in the DPRs were referred back for completion.
The establishment and registration of new units of air polluting industries in Industrial Estate, Khrew were deferred because of the moratorium by Pollution Control Board, the press release said.
It said approximately investments worth Rs 8,000 Cr with employment potential of 30,000 persons in Kashmir are presently under the process of being approved.
In the Union Territory of J&K, projects worth Rs 20,000 Cr employing 64,000 persons are in pipeline, the press release said.
The meeting was attended by Farooq Ahmad Shah, Secretary in Housing and Urban Department; Anoo Malhotra, Director, I&C Jammu; Parvaiz Ahmad Handoo, Director Planning, Forest Department; Dr. Basharat Qayoom, Managing Director KPDCL; Atul Sharma Managing Director, J&K SIDCO/J&K SICOP; Fayaz Ahmad Fayaz, Joint Director, I&C Department; Syed Nadeem, representative from PCB, and Shahid Kamili, president FCIK Srinagar, the press release said.
