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Administrative Council makes it easy to do business in J&K, Know how


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. ....

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J&K simplifies business units establishment, No registration required


Northlines
NOCs Labyrinth to crumble
Jammu Tawi, February 14 : In a bold move to revive the business sector and boost investor confidence with a business-friendly environment, the Administrative Council (AC), which met under the Chairmanship of Lieutenant Governor, Manoj Sinha on Saturday approved a series of measures for simplifying business establishment process.
As per the decision, the pre-requisite No Objection Certificates (NoCs) /Approvals have been relaxed for setting up of a business unit. The Udyog Aadhar Memorandum as per the condition of the Government of India shall be the only requirement for a business unit to be set-up.
Earlier, as many as fifteen NoCs/Clearances were required for a business unit to establish, which have now been reduced to a bare minimum. These bare minimum NoCs/Approvals shall be required subsequently, for which two sets of Single Window Committees have been established – One for business units coming up within Indus ....

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