• About us
  • Careers
  • Brand Partnerships
TFI Official Merchandise
TFI हिन्दी
TFI Global
Saturday, February 4, 2023
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Amartya Kumar Sen is a threat to the legacy of Rabindranath Tagore

    Amartya Kumar Sen is a threat to the legacy of Rabindranath Tagore

    The disintegration of BYJU’s has just begun

    The disintegration of BYJU’s has just begun

    Child Marriage Assam

    Himanta Biswa Sarma Launches Crackdown on Child Marriage in Assam

    Rana Ayyub

    Tom-Foolery Exposed: The Savage Science of Victimology

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    The disintegration of BYJU’s has just begun

    The disintegration of BYJU’s has just begun

    Budget 2023’s Delicate Dance: Balancing Fiscal, Populism and the Public Interest

    Budget 2023’s Delicate Dance: Balancing Fiscal, Populism and the Public Interest

    Artificial Intelligence India

    Unlocking Artificial Intelligence Potential: India’s 2023 Budget and the Future

    new tax regime

    Budget 2023: Income Tax breakthrough for India’s middle class

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Defence budget India

    Modernization of Indian defence: Right trajectory but low velocity

    AK-203 rifles

    Amethi has started producing the dreaded AK 203 for India and the world

    HELINA and VSHROD

    Amidst build up on China and Pakistan border India gets HELINA and VSHROD

    K9-Vajra

    K9 VAJRA: The Made in India weapon that China fears

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Arindam Bagchi IWT

    India takes charge on Indus Water Treaty

    In the Presidential year of G20, they have waged an info war against India

    In the Presidential year of G20, they have waged an info war against India

    Macron-Modi-Biden: France gives India an edge in dealing with the USA

    Macron-Modi-Biden: France gives India an edge in dealing with the USA

    Ajit Doval Jake Sullivan

    The Quiet Revolution: India’s Diplomatic Success in Bringing Tech Transfer

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • History
    • Indology
    Mahabharat

    The silent war to cancel Mahabharat and why Sanatanis need to speak against it

    Ram V. Sutar

    The legacy of Ram V. Sutar: A gift from Bhagwan Vishwakarma

    Dilip Kumar Indira Gandhi

    When Dilip Kumar silenced Indira Gandhi

    Bhagwan Vishnu Bhavishya Badri

    Is Bhagwan Vishnu leaving Badrinath and shifting to Bhavishya Badri?

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Food
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Light Pollution

    Light pollution: What is it and how to stop it?

    S Balbir

    S Balbir: The Voice That Suddenly Went Silent

    Sharad Kelkar: An underrated gem of Indian Cinema

    Sharad Kelkar: An underrated gem of Indian Cinema

    Sayaji Shinde

    Unrecognized in Bollywood, but Celebrated Everywhere Else: The Tale of Sayaji Shinde

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Amartya Kumar Sen is a threat to the legacy of Rabindranath Tagore

    Amartya Kumar Sen is a threat to the legacy of Rabindranath Tagore

    The disintegration of BYJU’s has just begun

    The disintegration of BYJU’s has just begun

    Child Marriage Assam

    Himanta Biswa Sarma Launches Crackdown on Child Marriage in Assam

    Rana Ayyub

    Tom-Foolery Exposed: The Savage Science of Victimology

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    The disintegration of BYJU’s has just begun

    The disintegration of BYJU’s has just begun

    Budget 2023’s Delicate Dance: Balancing Fiscal, Populism and the Public Interest

    Budget 2023’s Delicate Dance: Balancing Fiscal, Populism and the Public Interest

    Artificial Intelligence India

    Unlocking Artificial Intelligence Potential: India’s 2023 Budget and the Future

    new tax regime

    Budget 2023: Income Tax breakthrough for India’s middle class

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Defence budget India

    Modernization of Indian defence: Right trajectory but low velocity

    AK-203 rifles

    Amethi has started producing the dreaded AK 203 for India and the world

    HELINA and VSHROD

    Amidst build up on China and Pakistan border India gets HELINA and VSHROD

    K9-Vajra

    K9 VAJRA: The Made in India weapon that China fears

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Arindam Bagchi IWT

    India takes charge on Indus Water Treaty

    In the Presidential year of G20, they have waged an info war against India

    In the Presidential year of G20, they have waged an info war against India

    Macron-Modi-Biden: France gives India an edge in dealing with the USA

    Macron-Modi-Biden: France gives India an edge in dealing with the USA

    Ajit Doval Jake Sullivan

    The Quiet Revolution: India’s Diplomatic Success in Bringing Tech Transfer

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • History
    • Indology
    Mahabharat

    The silent war to cancel Mahabharat and why Sanatanis need to speak against it

    Ram V. Sutar

    The legacy of Ram V. Sutar: A gift from Bhagwan Vishwakarma

    Dilip Kumar Indira Gandhi

    When Dilip Kumar silenced Indira Gandhi

    Bhagwan Vishnu Bhavishya Badri

    Is Bhagwan Vishnu leaving Badrinath and shifting to Bhavishya Badri?

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Food
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Light Pollution

    Light pollution: What is it and how to stop it?

    S Balbir

    S Balbir: The Voice That Suddenly Went Silent

    Sharad Kelkar: An underrated gem of Indian Cinema

    Sharad Kelkar: An underrated gem of Indian Cinema

    Sayaji Shinde

    Unrecognized in Bollywood, but Celebrated Everywhere Else: The Tale of Sayaji Shinde

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
No Result
View All Result

HOME » Politics » Trending » Kashmir has only seen terrorism, now it will witness an economic boom

Kashmir has only seen terrorism, now it will witness an economic boom

Abhishek Kumar Singh
by Abhishek Kumar Singh
24 April 2022
in Trending
0
Kashmir has only seen terrorism, now it will witness an economic boom

PC: Twitter

3k
VIEWS
Share on FacebookShare on Twitter
  • After the removal of Article 370 from the region, Jammu and Kashmir has attracted investments worth Rs 63,300 crores
  • Recently, GULF based business leaders visited Kashmir which led to L-G Manoj Sinha expressing hope of the valley attracting investment worth Rs 70,000 crore
  • Kashmir has been a cradle of civilisation and it is rightly reclaiming its position as such

Kashmir was once called a cradle of civilization. But thanks to politicians’ greed, the same Kashmir had been deprived of economic opportunities for the last 7 decades. However, the removal of Article 370 has effectuated some big changes in the valley.

L-G Manoj Sinha’s address to business leaders in Kashmir

The numbers on Kashmir are out. The state has not only witnessed a substantial decrease in terrorism-related incidents, but it has also seen an exponential rise in livelihood opportunities for the average Kashmiri. In January this year, Lieutenant Governor Manoj Sinha informed business leaders that the state had received an investment worth $ 2.5 billion in 2021 itself.

In his address to the Investors Summit in Dubai, Sinha pitched Jammu and Kashmir’s potential for attracting investment. Business leaders of the gulf countries were apprised by Sinha that a young population and demographic dividend coupled with improved law and order situation in J&K has given rise to a safe and conducive environment for the businesses to flourish.

“This is the new Jammu Kashmir determined to reverse the trend of the past seven decades by pushing the targets for economic growth. Our aim is to deepen the trust with business firms, build the industrial base for the economy and strengthen social stability. And, the tireless effort is paying us the dividend,” said Manoj Sinha.

Assuring potential investors of full support from the government, Sinha

added, “I assure you, the government will be a facilitator, partner, provider, collaborator and promoter at every step to ensure a sustainable, balanced, progressive and competitive business environment for traditional core sectors and new-age technology-driven sectors,”

Read more: Modi Government is all set to change the course of development in Jammu and Kashmir

GULF business delegation visits Kashmir

Sinha’s invitation to Gulf business leaders did not go unheard. 2 months later, top business leaders from GULF visited Kashmir to analyse the environment for business opportunities. The delegation comprised 30 CEOs of top companies operating in the GULF region as well as in India. These CEOs themselves belonged to different geographies including Sharjah, Dubai, Abu Dhabi, Hong Kong and Saudi Arabia. It was headed by Bal Kishan, CEO of Century Finance and a resident of Jammu and Kashmir’s Doda.

J-K’s potential in sectors like real estate, hospitality, development, food processing and agriculture attracted investors the most. According to a report by Indian Express, business leaders were excited to invest in the valley. Abdullah Al Shibani, one of the potential investors, told the newspaper that there is a huge opportunity for investment in Kashmir. Shibani is of the opinion that Kashmir’s business opportunities will attract more investors from Gulf Cooperation Council (GCC) as well as the UAE.

Read more: The Perfect opportunity for India to strengthen its position in the Gulf region

After a sightseeing tour (for investment opportunities), business leaders were hosted by L-G Manoj Sinha in an investment summit at the Srinagar-based Sher-I-Kashmir International Convention Centre. L-G Sinha expressed hope that within six months, the valley will be able to attract investments worth Rs 70,000 crores in the region.

Investors are positive about Kashmir

Investors’ perceived confidence in the law and order in the Union Territory was also vindicated by the proliferation of women-led businesses in the region. Kashmiri women are encouraged through capacity building, access to credit, and market linkages under the “Hausla- inspiring her growth” programme. Some of the women who benefited from the programme also pitched in their products for further investment.

Exemplary efforts to draw more investment to Jammu and Kashmir, and ensure greater opportunities for the people. https://t.co/ooxWDsD79M

— Narendra Modi (@narendramodi) March 22, 2022

In a statement to Moneycontrol, an unnamed delegate said,” Some of the women entrepreneurs were very impressive- the way they made their pitch and spoke was just awesome,”

Read more: Kashmiri Pandits can now reclaim their lost land in Kashmir

Investments pour into Kashmir

Ever since Article 370 was removed, business leaders started approaching government officers for potential investment. However, it took some time to improve law and order in the region. But Kashmir did bounce back well. After the removal of Article 370, the region has attracted a total investment of Rs 63,300 crores.

Read more: Jammu and Kashmir opens up for ALL real-estate investors, bags Rs 18,300 crore in investments at once

In the last year alone, Jammu and Kashmir received investment proposals worth Rs 52,155 crores. According to a report by the Times of India, these investments are good enough to feed 2.4 lakh families. The government has already given assent to investments worth Rs 36,244 crores. In this way, the government has ensured the livelihood opportunity for 1.36 lakh individuals.

Service sector to lead the way

The sector-wise breakdown of investment presents a very interesting picture. Numbers indicate that the service sector may emerge as a leader to drive the valley’s development in the upcoming decades. Rs 10,609 crores have been raked up by hotels, restaurants, health, social work, automobile, steel fabrication, recreation, warehousing, cold storage, sports, ecotourism and handicrafts. Manufacturing sectors have also been able to grab a substantial amount of these investments, but looking at the climate of Kashmir, tourism and related service sectors are expected to overshadow other segments.

Kashmir has everything which makes it attractive for investments. Cheap labour, welcoming people, cold and conducive environment, less environmental concern and now improved law and order. It won’t be long before Kashmir regains its position as a cradle of civilization.

Tags: Article 370Infrastructure ProjectsInvestmentKashmirUAE
ShareTweetSend
Previous Post

After realizing that India won’t respond to threats, the US resorts to salesmanship

Next Post

“MMS hi upload kar dete”, Mohd Kaif faces the wrath of SM Jihadis for uploading a picture with his wife

Abhishek Kumar Singh

Abhishek Kumar Singh

Truth Seeker. Columnist at TFI Media.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

  • Most Read
  • Comments
  • Latest
Xi Jinping, coronavirus, Shinzo Abe, china, Japan, coornavirus, COVID-19, Wuhan Virus

‘Pack up and get out of there,’ Japan to spend $2.2 billion to get Japanese companies to exit China

9 April 2020
ajay devgn karan johar

The man who bullied the Bully – How Ajay Devgn made Karan Johar’s monopoly a joke and forced him to apologize

22 June 2020
Huawei, China, Trump, USA, Xi Jinping

‘Our survival is at stake now,’ Chinese Telecom giant Huawei crumbles after US ban on Semiconductor exports

19 May 2020
T-Series Sonu Nigam Divya Khosla Kumar Bhushan Kumar

T-Series forced to take down Atif Aslam’s video, Divya Khosla trolled. T-Series has a bad day in office

25 June 2020
Meat Ban

A Jain responds to Meat Ban in Mumbai

Public Sector Bank, Government, Bill

Dear bank employees, continue your stride but PSBs will be privatized

anti-Hindi

Anti-Hindi Forever?- In search of a National Language!

Dear Liberals – your Beef Parties are not protests, they just intend to displease the Majority

Dear Liberals – your Beef Parties are not protests, they just intend to displease the Majority

Mahabharat

The silent war to cancel Mahabharat and why Sanatanis need to speak against it

4 February 2023
Amartya Kumar Sen is a threat to the legacy of Rabindranath Tagore

Amartya Kumar Sen is a threat to the legacy of Rabindranath Tagore

4 February 2023
WhatsApp Privacy Policy: Supreme Court Smacks Down Attempt to Trample User Choice

WhatsApp Privacy Policy: Supreme Court Smacks Down Attempt to Trample User Choice

4 February 2023
Light Pollution

Light pollution: What is it and how to stop it?

4 February 2023

Popular This Week

Preity Zinta
Cinema

Preity Zinta – The woman who stood up to the underworld, but paid a heavy price for it

by Paurush Gupta
30 January 2023
Adani-Hindenburg row: Decoding the hidden agendas
Premium

Adani-Hindenburg row: Decoding the hidden agendas

by Abhishek Kumar Singh
29 January 2023
Govinda congress
Cinema

When Govinda started literally pleading in front of Sonia Gandhi

by TFIPOST News Desk
31 January 2023
The untold story of Swami Pranavananda
History

The untold story of Swami Pranavananda

by Abhishek Kumar Singh
29 January 2023
Reality of Bageshwar Dham
Analysis

The Bageshwar Dham: The Reality of Dhirendra Krishna Shastri

by Tejasvi Malhotra
31 October 2022

©2023 TFI Media Private Limited

  • Terms of use
  • Privacy Policy
  • Sitemap
No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFI Official Merchandise
TFI हिन्दी
TFI Global
  • About us
  • Careers
  • Brand Partnerships

©2023 TFI Media Private Limited

Follow us on Twitter

and never miss an insightful take by the TFIPOST team

Follow @tfipost