📷 Image: Wikimedia Commons / Koshur
Sarkari Yojana
Centre Grants ₹5,630.75 Crore for New Industrial Registrations in Jammu & Kashmir
✍️ kashmirlife.net
🗓 10 Aug 2026, 12:33 PM
👁 1
The Union government has sanctioned ₹5,630.75 crore to facilitate additional industrial registrations in Jammu & Kashmir, aiming to boost the region's manufacturing sector.
The Union government has approved a sum of ₹5,630.75 crore to support additional industrial registrations in Jammu & Kashmir. This funding is part of a broader initiative to stimulate industrial activity and attract investment in the state.
The allocated amount will be used to streamline the registration process for new factories and manufacturing units, thereby reducing bureaucratic hurdles and encouraging private sector participation.
Funds are expected to be disbursed through the Jammu & Kashmir Industrial Development Corporation over the next fiscal year, with a focus on sectors such as textiles, food processing, and renewable energy.
State officials have welcomed the decision, citing the potential for job creation and economic diversification in the region.
The allocated amount will be used to streamline the registration process for new factories and manufacturing units, thereby reducing bureaucratic hurdles and encouraging private sector participation.
Funds are expected to be disbursed through the Jammu & Kashmir Industrial Development Corporation over the next fiscal year, with a focus on sectors such as textiles, food processing, and renewable energy.
State officials have welcomed the decision, citing the potential for job creation and economic diversification in the region.