Investment will get a carry in Kashmir put up abrogation of Article 370

Express News Service

SRINAGAR:  After the abrogation of Articles 370 and 35A and the bifurcation of Jammu and Kashmir (J&Okay) state into two Union Territories (UTs) by the Centre on August 5, 2019, a whole of 185 non-locals have bought land in Jammu and Kashmir and 1,559 companies have made investments throughout the UT.

However, no non-local has bought land in Ladakh the place political occasions, retailers and civil society members are demanding  sixth Schedule standing to safeguard jobs and land rights of the native inhabitants.
In a written reply, Union Minister of State for Home Affairs Nityanand Rai on Wednesday educated the Rajya Sabha that as per the information provided by the J&Okay authorities, 185 people from open air the Union Territory have bought land in J&Okay throughout the closing three years.

According to the data, only one specific particular person bought the land in J&Okay in 2020, adopted by 57 in 2021 and 127 in 2022. On August 5, 2019, the Centre scrapped Article 370, which granted specific standing to J&Okay, and Article 35A, which barred outsiders from shopping for land and property in J&Okay. The Union authorities moreover bifurcated J&Okay state into two UTs — Jammu and Kashmir (with legislature) and Ladakh (with out legislature).

In response to a question on the number of companies investing in J&Okay put up Article 370 revocation, the minister educated the Rajya Sabha that, as per knowledge provided by the J&Okay authorities, a entire of 1,559 companies, along with multinational companies, have made investments throughout the UT.

According to info, 310 companies made investments in 2020-21, adopted by 175 in 2021-22  and 1,074 in 2022-23 in J&Okay.J&Okay Lt Governor Manoj Sinha not too way back educated that J&Okay authorities has obtained private funding proposals worth Rs 66,000 crore inside two years.

In neighbouring Ladakh, no land has been bought by people from open air the UT and no agency has invested throughout the UT during the last three years, the home minister educated the Rajya Sabha.

In Ladakh, Leh Apex Body (LAB) and Kargil Democratic Alliance (KDA), an amalgam of commerce unions, social, political and religious, school college students groups from Ladakh, have joined fingers to spearhead a advertising marketing campaign for the grant of sixth Schedule standing, statehood with the legislature, creation of two Lok Sabha seats and reservation of jobs to locals in Ladakh UT.

The LAB and KDA have threatened to intensify the agitation to press the centre to fulfill their requires.
Meanwhile, to complete the impasse in Ladakh, the central authorities has reached out to Ladakh our our bodies — Leh Apex Body and Kargil Democratic Alliance — and sought from them specific provisions they want throughout the sixth Schedule for the chilly desert. 

Cherring Dorjay Lakruk, an govt member of Leh Apex Body, said, “We will be meeting the Kargil Democratic Alliance leaders and it will be jointly decided what provisions we want for Ladakh.”

SRINAGAR:  After the abrogation of Articles 370 and 35A and the bifurcation of Jammu and Kashmir (J&Okay) state into two Union Territories (UTs) by the Centre on August 5, 2019, a whole of 185 non-locals have bought land in Jammu and Kashmir and 1,559 companies have made investments throughout the UT.

However, no non-local has bought land in Ladakh the place political occasions, retailers and civil society members are demanding  sixth Schedule standing to safeguard jobs and land rights of the native inhabitants.
In a written reply, Union Minister of State for Home Affairs Nityanand Rai on Wednesday educated the Rajya Sabha that as per the information provided by the J&Okay authorities, 185 people from open air the Union Territory have bought land in J&Okay throughout the closing three years.

According to the data, only one specific particular person bought the land in J&Okay in 2020, adopted by 57 in 2021 and 127 in 2022. On August 5, 2019, the Centre scrapped Article 370, which granted specific standing to J&Okay, and Article 35A, which barred outsiders from shopping for land and property in J&Okay. The Union authorities moreover bifurcated J&Okay state into two UTs — Jammu and Kashmir (with legislature) and Ladakh (with out legislature).googletag.cmd.push(carry out() googletag.present(‘div-gpt-ad-8052921-2’); );

In response to a question on the number of companies investing in J&Okay put up Article 370 revocation, the minister educated the Rajya Sabha that, as per knowledge provided by the J&Okay authorities, a entire of 1,559 companies, along with multinational companies, have made investments throughout the UT.

According to info, 310 companies made investments in 2020-21, adopted by 175 in 2021-22  and 1,074 in 2022-23 in J&Okay.J&Okay Lt Governor Manoj Sinha not too way back educated that J&Okay authorities has obtained private funding proposals worth Rs 66,000 crore inside two years.

In neighbouring Ladakh, no land has been bought by people from open air the UT and no agency has invested throughout the UT during the last three years, the home minister educated the Rajya Sabha.

In Ladakh, Leh Apex Body (LAB) and Kargil Democratic Alliance (KDA), an amalgam of commerce unions, social, political and religious, school college students groups from Ladakh, have joined fingers to spearhead a advertising marketing campaign for the grant of sixth Schedule standing, statehood with the legislature, creation of two Lok Sabha seats and reservation of jobs to locals in Ladakh UT.

The LAB and KDA have threatened to intensify the agitation to press the centre to fulfill their requires.
Meanwhile, to complete the impasse in Ladakh, the central authorities has reached out to Ladakh our our bodies — Leh Apex Body and Kargil Democratic Alliance — and sought from them specific provisions they want throughout the sixth Schedule for the chilly desert. 

Cherring Dorjay Lakruk, an govt member of Leh Apex Body, said, “We will be meeting the Kargil Democratic Alliance leaders and it will be jointly decided what provisions we want for Ladakh.”