Inflation Has Eased To Manageable Level; Job Creation, Growth Remain Priorities: FM

New Delhi- Finance Minister Nirmala Sitharaman on Wednesday said the country's economic growth remains a priority for the government, as inflation has come down...

All New Pension Formula Soon Amid Pushback Against Reform: Report

New Delhi- The Indian government will likely assure its employees a minimum pension of 40%-45% of their last drawn salary by altering the current...

Brand J&K Successfully Promoted On Global Platform Under PM Modi’s Leadership: LG

Srinagar- Under the leadership of Prime Minister Narendra Modi, the Union Territory administration has been successful in promoting brand Jammu and Kashmir on the...

Retail Inflation Rises To 3-Month High Of 5.55 Pc In November

New Delhi- Retail inflation inched up to a three-month high of 5.55 per cent in November driven by higher food prices, according to official...

Net Direct Tax Collection Reaches Rs 13.73 Lakh Crore, 83% Of Revised Estimate For...

New Delhi- Net direct tax collection so far this fiscal grew 17 per cent to reach Rs 13.73 lakh crore, which is 83 per...

EPFO To Enable Instant PF Withdrawals Via UPI, ATMs By June

Srinagar- In a game-changing move for India’s workforce, the Employees' Provident Fund Organisation (EPFO) is set to introduce instant Provident Fund (PF) withdrawals through...

Mutual Fund Industry Assets Surge By Rs 11 Lakh Crore In 2023; Crosses Rs...

New Delhi- After a lackluster performance in 2022, the mutual fund industry saw a substantial rebound in 2023 with its asset base surging by...

Wholesale Inflation Falls To 8-Year Low Of (-) 4.12% In June

New Delhi- The deflation in the wholesale price continued for the third month in a row in June, with WPI contracting to a nearly eight-year...

Kashmir Startup ‘Curve Electric’ Makes It to Shark Tank

By Syed Mohammad BurhanSrinagar- Two young founders of the startup Curve Electric captivated millions on Shark Tank India Season 4, bringing a slice of...
Jammu, Feb 22 (PTI) The Jammu and Kashmir administration has approved the setting up of seven new industrial estates at a cost of Rs 304.51 crore, an official spokesperson said on Thursday. The estimated investment in these industrial estates, spread over 5,290 kanal across six districts, is Rs 8,700.16 crore with employment potential of 28,376 people, the spokesperson said. He said the administrative approval for the development of seven new industrial estates was accorded by the administrative council that met here under the chairmanship of Lt Governor Manoj Sinha. The seven new industrial estates will be developed at Sempora Medicity and Khunmoh-Panthachowk in Srinagar, Banderpora in Budgam, Bhagthali in Kathua, Karandi in Samba, Trenz in Shopian, and Hariparigam Tral in Pulwama. The new industrial estate at Sempora on 517 kanal of state land shall be developed by IRCON at an estimated cost of Rs 22.60 crore, and the project will attract an investment of Rs 1,825.45 crore, having an employment generation potential of around 11,643. The industrial estate at Khunmoh, Pantha Chowk, on 600 kanal of land shall be developed at an estimated cost of Rs 45.36 crore by IRCON, he said, adding the project will attract investment of Rs 465 crore and has employment potential of around 355. He said the industrial estate at Bhagthali, Kathua, on 2,949 kanal shall be developed at an estimated cost of Rs 83.13 crore by NBCC. The project will attract an investment of Rs 4,599.89 crore and has employment potential of around 8,278, the spokesperson said.

New Industrial Policy: ‘600 Units With An Investment Of Rs 850 Cr Came Under...

SRINAGAR- Chief Secretary, Dr Arun Kumar Mehta Tuesday reviewed the progress for establishment of industrial units here in the UT under New Industrial Policy...