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Centre approved ₹1,352.99cr business revival package for J&K
From now on, doing business or setting up of business units will become much easier in Jammu and Kashmir.
The Administrative Council, under the chairmanship of Lieutenant Governor Manoj Sinha, has approved a series of measures for simplifying business establishment process to revive the business sector and boost investor confidence with a business-friendly environment in the union territory.
No approvals required
Unlike before when industries used to require as many as 15 NoCs (no-objection certificates) or clearances for setting up a business unit, all those clauses have been reduced to bare minimum now.
[ PARTNER CONTENT] An interesting survey showed that while the rest of the world has identified Covid-19 as the biggest problem facing them in their respective countries since April 2020, in the last couple of months, South Africans have instead opted to identify rising unemployment, corruption and crime and violence, as top three concerns instead, with Covid-19 placing fifth on the list after poverty and social inequality.
This is telling and
truly indicative of the general feeling of worry that South Africans have about
the state of the economy amid a global pandemic that continues to claim
hundreds of thousands of lives, monthly.