Paradise regained: J&K puts in elbow grease to get Srinagar ready for G20

The government notified a new policy for the industrial development of the region in 2021

Jammu & Kashmir (J&K) has received a record investment of Rs 1,547.87 crore in the current fiscal year (until January). According to data presented this month in the Lok Sabha by the Ministry of Home Affairs, this is the highest ever compared to the earlier fiscal years.

This follows the Union Territory’s first Gulf Investment Summit in Srinagar in March 2022. The administration said the objective was to “bring together investors, decision-makers, senior government officials, and local business community for a dialogue on concrete investment opportunities in the state”.

On that occasion, Lieutenant Governor Manoj Sinha said he hoped to