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...

Govt Amends Anti-Money Laundering Rules, Brings ‘Politically Exposed Persons’ Under PMLA

New Delhi- The government has amended rules under the anti-money law, making it mandatory for banks and financial institutions to record financial transactions of...

Equity Investors’ Wealth Plunges Rs 1.36 Lakh Cr Amid Sell-Off In Markets

New Delhi- Investors became poorer by Rs 1.36 lakh crore on Friday as the markets witnessed a sell-off amid weak global trends.Benchmark stock indices...

Industrial Production Growth Perks Up Slightly To 5.2% In January

New Delhi- India's industrial production growth perked up slightly to 5.2 per cent in January from 4.7 per cent in December 2022, mainly due to...

Centre Releases ₹ 1.40 Lakh Crore Tax Devolution Sum To States

New Delhi- The government has released the 14th instalment of tax devolution of more than ₹ 1.40 lakh crore to states."The Union Government has released 14th instalment...

NPS, APY Subscribers Rise 23% In FY23; Over 1 Crore Customers Added To APY

New Delhi- The number of subscribers under the National Pension Scheme (NPS) and Atal Pension Yojana (APY) increased 23 per cent to over 6.24...

J&K Bank Launches JIA – Its AI-Enabled Chatbot

A significant step that will soon transform digital-services landscape of Bank: Baldev Prakash SRINAGAR- To facilitate better customer-engagement, J&K Bank today launched JIA (J&K Bank Intelligent...

J&K To Launch Commercial Farming Of Shiitake Mushroom In September

Jammu- Jammu and Kashmir’s agriculture department will launch commercial farming of one of the costliest mushrooms Shiitake in September after successful field trials of the...
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.

I&C Dept Seeks Public Feedback On Industrial Policies

Jammu- The Jammu and Kashmir Industries and Commerce (I&C) department has sought public feedback on various industrial policies, including the Industrial Land Allotment Policy 2021-30.After...

Efforts Afoot To Revive Art Of Making Fancy Wicker Products In J&K: Govt

Srinagar- Falling returns and lack of incentives had brought the art of making fancy wicker products to the verge of extinction, but timely intervention by...