In a significant move, the Jammu & Kashmir Government will monitor fulfillment of employment and investment commitments made by industrial unit holders who have been allotted land in government industrial units.
To begin with, the government has constituted a three-member committee to propose a monitoring mechanism to regularly check and evaluate the fulfillment of commitments vis-à-vis proposed investment and employment as per detailed project reports(DPRs) submitted by the industrial unit holders allotted land in industrial estates.
The committee comprises Director Industries & Commerce Kashmir, Director Industries & Commerce Jammu and Director SIDCO/SICOP.
The panel has been directed to submit its recommendations to the government within 15 days.
The committee has been constituted at a time when the Jammu & Kashmir government is pushing for massive industrial development to create employment avenues for the youth.
