New industrial policy should focus on creating jobs in J&K apart from ease of business

The Prime Minister Shri Atal Bihari Vajpayee addressing a meeting with Joint Chamber of Commerce and Industry of Jammu & Kashmir at Srinagar during his visit to Kashmir on April 18, 2003 (Friday)While the new industrial policy of the state has focused on bringing investment and ensuring the ease of business the large majority of people in the state also feel that government should focus on job creation in services sectors and tourism industry which is the mainstay of J&K’s economy. The state has set an ambitious target of Rs 20,000 crores investment in industry but it would have been pertinent that another target of twenty thousand jobs in the services sector in next five years should have been set. With government unable to absorb the educated youth there is a very strong unrest prevailing in the state because of unemployment. The rising support for terrorism in Kashmir is partly also because there are not many jobs available in the state and private sector has not been able to create jobs.

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