Central Sector Scheme for Industrial Development of Jammu and Kashmir
The new Central Sector Scheme for Industrial Development of Jammu and Kashmir was approved by the government recently. Its overall budget is Rs.26,400 crore. It will be implemented from 1st April 2021 to 31st March 2037. The objective of this scheme is to ensure socio-economic development of the union territory by boosting employment and incentives. It is estimated to attract high investments and generate direct and indirect jobs for around 4,50,000 individuals.