Chairman and managing director of JSW group Sajjan Jindal lays foundation stone of a steel processing unit in Pulwama | File photo
Srinagar- The Jammu and Kashmir Government has amended the Procedural Guidelines to the Jammu and Kashmir Industrial Policy, 2021-30 by adding two more clauses in the guidelines already approved and in place in the Union Territory.
Pertinently, the government had sought suggestions on the Policy, JK Private Industrial Estate Development Policy 2021 and introduction of JK Logistics policy.
On 08 March, the government initiated the process of amending and upgrading these policies by putting the same on public domain for review and feedback and seeking suggestions from the public and the stakeholders by March 28th, 2023.
According to an order, a copy of which lies with Kashmir Observer, after clause 6.2, clause 6.3 has been added which is about the approval for any changes in Name and Style at the pre-registration stage, along with the revision of DPRs.
Clause 6.3 reads: The concerned Director, Industries and Commerce Department on the recommendations of the Managing Director, J&K, SIDCO/SICOP shall be the approving authority for allowing any change in Name and Style at the Pre-registration stage, subject to the following conditions in relation to revision of DPRS:
1 That there is no upward/ downward revision of the allotted land and it shall remain a constant factor. Under no circumstances revision of DPR should lead to a requirement for allotment of additional land.
2. The merit of the allottee on the basis of which land allotment was done shall not be affected adversely by the permissible change in the DPR post allotment.
3 The change in DPR shall not downgrade the criteria of merit as in point 2 above, or bring in any drop in the investment/ kanal and employment/ kanal based on which land was allotted.”
Likewise, after clause 8.4, clause 8.5 have been added, which reads.
1, The Managing Director, J&K SIDCO / SICOP on the recommendation of the concerned Director, Industries & Commerce Department shall be the approving authority for allowing any change in line of activity/ additional line of activity at the Preregistration stage, subject to the following conditions in relation to revision of DPRS:
2, That there is no upward/ downward revision of the allotted land and it shall remain a constant factor. Under no circumstances revision of DPR should lead to a requirement for allotment of additional land.
3, The merit on the basis of which land allotment was done shall not be affected adversely by the permissible change in the DPR post allotment.
The order further noted that the change in DPR shall not downgrade the criteria of merit as in point 2 above, or bring in any drop in the investment/of an allotted.”
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