Editorial | Growth and Development in J&K

Post 370 developments there has been a positive change in J&K. So far much has been done for the economic development of jammu and kashmir . Many resources quote that in order to bolster economic growth and development, the Jammu and Kashmir administration has so far signed more than 168 MoUs worth Rs 13,600 crores for investments. According to opindia , Additionally, 6,000 acres of government land has been acquired for setting up industries in the state.

Earlier, some constraints discouraged industrialists and large organisations from investing in Jammu and Kashmir. But after the abolition of Article 370, all the obstacles that came into the path of development were removed as the government placed its focus on providing an impetus to business and the economy. The J&K Infrastructure Development Finance Corporation has been set up to provide financial support to various projects that were commissioned years ago but were yet to be completed.