Monday 23 September 2019
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business-standard - 12 days ago

BBIA hopes for massive investment in J K after abrogation of special status

After abrogation of Jammu and Kashmir s special status, industry association BBIA is hopeful of large investment in the state which will create ample employment opportunities for the local youth. However, the Bari Brahmana Industries Associations (BBIA) called for additional fiscal incentives for existing working units and service sector which are providing direct and indirect employment to lakhs of people. After the historical decision of abrogation of Article 370, we are hopeful that massive investment may take place in industrial and service sector which includes medical, education, tourism and other related sector of Jammu and Kashmir, resulting in employment opportunities for local youths in near future, BBIA President Lalit Mahajan said. Mahajan, who chaired a meeting of the association s members to discuss proposed incentives package for industry and service sector in the state, said it was resolved that providing additional fiscal incentives to existing working units and ...

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