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KNOW INDIA
Jammu Kashmir
Economic Infrastructure
Investment Incentives
Policy Framework

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INDIAN STATE : JAMMU AND KASHMIR

Policy Framework

Industrial Policy 2004

Objectives

The primary objectives of the Industrial Policy 2004 are:

  • To achieve sustainable industrial development in all regions for increasing the rate of growth, value of output, employment, income and overall economic development of the State;
  • To strive towards balanced economic and social development in all regions of the State by promoting industrialization particularly of the industrially backwards areas;
  • To encourage and sustain the cottage and tiny industrial sector which, with law investment, is able to provide employment to a large number of people in the state.
  • To create a supportive environment with transparency and easy access in information, technology and financial resources.
  • To revive potentially viable sick industrial units so as to put to optimum use the capital and other resources already employed in such enterprises.
  • To promote the growth of thrust and export-oriented industries and encourage high-tech and knowledgeable based industries including information technology.
  • To take necessary steps in the field of Human Resources Development to make available skilled / technical manpower as per the needs of industry.

Approach and Strategy

The strategy for achieving the objectives, and the main elements, of the Industrial Policy 2004 are:

1. Providing improved infrastructure and support services, with emphasis on regular and uninterrupted power supply.
2. Single window clearance system for power, pollution control, land allotment and registration of industrial unit.
3. Closer interaction with financial Institution and commercial banks, to ensure regular and adequate flow of finances to the industrial sector.
4. Rehabilitation of potentially viable sick industrial units.
5. Improving competitiveness of existing industrial units by facilitating modernisation aimed at enhancing productivity, energy efficiency and better environment management.
6. Enabling manufacturers of quality consistent products to augment their sales within and outside the state by brand promotion.
7. Reorienting Industries and Commerce Department.
8. Export promotional measures to augment export of products of the state outside the country.
9. Permanent Grievance Redressal System to remove bottlenecks in import and export of products to and fro the state.
10. Environment protection, to conform to state, national and global regulations.
11. Entrepreneurship development in the state, to provide opportunities to educated unemployed.
12. Encouraging Research & Development.
13. Focusing on thrust areas with natural advantages in the state and facilitating large investments in prestigious projects.

Full Text of the Policy

Information Technology Policy

Objective

The primary objectives of the IT policy of the State are as follows:

E-Governance: To use IT in the process of Government functioning to bring about Simple, Moral, Accountable, Responsive and Transparent (SMART) governance to its citizens.

IT in Industry: To use IT effectively in industries especially where the State has competitive advantages, for making such industries more global and help them to generate additional revenues; to diversify the local industries into being web- enabled and attract IT companies from elsewhere in the country and the world.

IT in Education: Encourage the use of Information Technology in schools, colleges and educational institutions so as to enable students to improve their skills, knowledge and job prospects and enable them to obtain employment in this sunrise industry.

Investments in IT Sector: To encourage and accelerate the investments and
growth in IT hardware, software, Internet, training, IT enabled services, telecom, e-commerce and related sectors in the State.

IT for Social Equity: To utilize the power of Information Technology in the overall goal of improving healthcare; empowering women, rural & tribal communities as well as economically weaker sections of society. The ultimate aim is to enhance social equity and justice.

IT for Employment: To use Information Technology for generating additional employment for the new digital economy.

IT Infrastructure: To provide adequate infrastructure in the state, so that the IT sector can flourish and also to facilitate citizens of the state to use IT for a better quality of life.

Localization: To facilitate localization of software, so that benefits of IT could percolate not only in the English language, but also in the local
languages.

To Promote:

(a) E-Tourism: To use IT for heralding world class E-Tourism in the state.

(b) E-Health: To bring the specialized treatment to the remotest area of the State through telemedicine.

(c) E- commerce: To use IT to boost trade and commerce in areas of traditional strength of the State such as handlooms, handicrafts and horticulture.

Full text of the Policy

Useful Web links

Government of Jammu and Kashmir

J&K SIDCO




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