Centre Working on Policy to Prevent Kashmiri Youth from Falling Prey to Militancy
In an attempt to wean the youth away from insurgency in troubled Himalayan states, including Jammu and Kashmir and the north-east, the centre is giving final touches to a new industrial policy which will lay emphasis on job creation.
File image of Kashmiri protesters throw stones at police vehicles as they clash in Srinagar. (AP)
New Delhi: In an attempt to wean the youth away from insurgency in troubled Himalayan states, including Jammu and Kashmir and the north-east, the centre is giving final touches to a new industrial policy which will lay emphasis on job creation.
There is a realisation within the establishment that local industry in Kashmir had taken a hit during 2015 floods. The recovery has been slow and something needs to be done in this regard on an urgent basis.
There has been a strong demand from the North East states, including BJP ruled Assam, to revive NIEPP which lapsed on 31st March this year.
A team of Department of Industrial Policy and Production DIPP and NITI Ayog has already done an assessment in this regard and the policy is being given final touches before its formal announcement.
Tax relief in the proposed scheme may directly be linked to employment generation. Prime Minister is keen that the new policy- both in letter and intent must lay emphasis on job creation in remote and difficult terrains. Earlier, the gradation of the industry for tax benefits was carried on the basis of quantum of investment- that is small, medium and heavy industries.
The government is especially looking to revive sports and woodwork industry along with food processing units in J&K. The other area where the policy can help draw investments is in setting up of small scale metal units to meet the local demand.
Recommended For You
- Facebook is a Digital Gangster? UK Lawmakers Believe Mark Zuckerberg Doesn't Show Leadership
- Government Can Approve Rs 5500 Crore Under FAME-II Scheme This Month to Boost Electric Vehicle Sales
- Kim Kardashian Flaunts Her Most Revealing Gown From Designer Thierry Mugler's 98' Collection
- Covering Imran Khan's Picture in India Regrettable: PCB
- Benelli TRK 502, TRK 502X Launched in India, Prices Start From Rs 5 Lakh
- 01 d
- 12 h
- 38 m
- 09 s