J&K to review industrial policy approved during Governor’s rule

The new Industrial Policy 2016-2026, which was approved on March 14, during the Governor’s rule in the state, outlines that non-state subjects can get land on lease for 90 years.

Written by Basharat Masood | Srinagar | Published: May 13, 2016 3:05 am

Amid the ongoing row over establishing a Sainik Colony in the state, the J&K government Thursday preempted another possible controversy as it announced its decision to review the state’s new industrial policy that was approved in March this year during Governor’s rule.

The new Industrial Policy 2016-2026, which was approved on March 14, during the Governor’s rule in the state, outlines that non-state subjects can get land on lease for 90 years.

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“The CM and the Deputy CM conveyed to me that we will review the whole policy and it will go to the Cabinet,” Education Minister Naeem Akhtar said.

“There is no need for an alarm. The government is conscious about the need of removing any apprehensions,” he added. Akhtar was silent on whether other decision taken during the Governor’s rule would also be re-looked at.

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