New Industrial Policy opens J&K to the world

NEW DELHI: The Jammu and Kashmir administration has approved implementation of "New Industrial Policy 2021-30" and its procedural guidelines with effect from April 1. The experts stated that the new policy is different from the policies that were announced earlier as it has opened up J&K to the world. According to the policy, all industrial units coming into commercial production from April 1 as well as the existing units undertaking substantial expansion, shall be entitled for incentives under this policy while the existing units eligible for incentives under the erstwhile Industrial Policy 2016 shall be allowed to avail the same under the old policy till March 31, 2026. (IANS)

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