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    KCCI Welcomes J&K Budget Proposals

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    Srinagar- The Kashmir Chamber of Commerce and Industry (KCCI) on Wednesday welcomed the budget for 2023-24 for the Union Territory, saying the proposals will help...
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    Wholesale Inflation Eases To Over 2-Year Low Of 3.85% In February; Food Items Remain...

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    New Delhi- The wholesale price-based inflation declined to over two-year low of 3.85 per cent in January on easing prices of manufactured items, fuel...
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    Centre Unveils Rs 1,18,500 Crore Budget For J&K

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    Rs 41,491 crore for development expenditure; Rs 77,009 crore for revenue expenditure Srinagar- Union Finance Minister Nirmala Sitharaman on Monday unveiled Rs 1,18,500 crore budget for...
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    Fear Grips Financial Markets Following US Bank Failures

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    New York- Fear is gripping Wall Street about what's next to topple following the second- and third-largest bank failures in U.S. history, and stocks...
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    E-Rupee Worth Over Rs 130 Crore In Circulation: FM Sitharaman

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    New Delhi- Digital or e-rupee worth over Rs 130 crore is in circulation on a pilot basis as of February 28, finance minister Nirmala...
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    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.

    Govt Seeks Suggestion Regarding Amendments In J&K Industrial Policies

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    JAMMU- The Jammu and Kashmir government has sought suggestions on JK Industrial Land Allotment Policy 2021-30, JK Private Industrial Estate Development Policy 2021 and introduction...
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    Lavender Farmers In J&K Bringing ‘Purple Revolution’

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    Bhaderwah- About 2,500 farmers in the hilly Bhaderwah town of Jammu and Kashmir have given up their age-old tradition of growing maize to embrace...
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    Equity Investors’ Wealth Plunges Rs 1.36 Lakh Cr Amid Sell-Off In Markets

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    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...
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    Industrial Production Growth Perks Up Slightly To 5.2% In January

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

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    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...
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