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Union Govt announces new incentives for industrial development of J&K
Union Govt announces new incentives for industrial development of J&K
10 services eligible; existing, new units to get benefits
Mohinder Verma
JAMMU, Feb 20: Union Government has announced new Central Sector Scheme for Industrial Development of Union Territory of Jammu and Kashmir for a period of 16 years applicable with effect from April 1, 2021. The scheme has been tailored in such a way that the existing as well as new units will get immense benefits under different components.
The scheme has been announced by the Ministry of Commerce and Industry and it will remain applicable with effect from April 1, 2021 till March 31, 2037. However, registration will continue till September 30, 2024 and all applications for registration will be disposed of by March 31, 2025 unless otherwise extended.