PULWAMA: Lieutenant Governor Manoj Sinha of Jammu and Kashmir stated on Sunday that the Union Territory has received investment bids totaling Rs 86,000 crore, indicating the region’s growing popularity as a destination for both domestic and foreign investors. “The Industries and Commerce Department has received investment bids totaling Rs 86,000 crore. Speaking at an event at the Industrial Complex at Lassipora, 35 kilometres from Srinagar, Sinha stated that people both inside and outside the nation saw J&K as a preferred investment destination.As he opened 12 outlets with a controlled atmosphere here, Sinha stated that the government was making every effort to see that these investment plans become real projects that would benefit the people of Jammu and Kashmir in terms of growth and well-being. “While we are attempting to implement these ideas, development is impossible without peace. Security personnel will carry out their duties, but citizens must speak out against efforts to sabotage the peace. We won’t spare the offenders, but we won’t damage or unnerve innocent people,” he continued. Speaking about the 12 publically owned controlled environment stores as a profitable economic venture, Sinha predicted that farmers will benefit greatly from them.“It (the new storage) will create jobs for 500–600 people and enhance capacity by 60,000 tonnes. There is still room for more; this is just the beginning. He stated that horticulture has enormous potential and boundless opportunities, noting that over the previous six months, the industry has received investment bids totaling Rs 1,250 crore. The CA businesses are a secure investment because they are consistently occupied all year long,” he said. According to the LG, 259 additional CA outlets are planned, which should result in the employment of 15,000–16,000 individuals. Regarding the actions made to advance agriculture in Jammu and Kashmir, Sinha stated that the nation has acknowledged the importance of allied sectors and agriculture in the Union Territory. “The welfare of farmers, including the 2.6 lakh marginal farmers as well as the large farmers, has been given priority by the Jammu and Kashmir administration,” he stated. He added that the PM Fasal Bima Yojna was being worked on to include horticulture produce. “A farmer training portal has been established. We are also considering the possibilities of lowering losses that occur after harvest. “There is no state receiving as much incentive as J&K has received from PM Modi,” he continued.
