Govt revises Industrial Policy, Shuts door on non-state investors

Revises industrial policy after facing intense pressure from separatists, local traders The industrial policy 2016, revised by the state government on Tuesday, has shut the door on investors from outside the state, who have already been reluctant to invest in the state. The government revised the policy after coming under intense pressure from separatists and local traders. Separatists had alleged that the policy was a ploy to infringe upon Jammu and Kashmir’s special status. Under the new policy, land will not be leased to investors who are not state subjects.…

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