Jammu & Kashmir

Kashmir becoming mini-Europe, nightlife returns after decades: LG Sinha in Delhi

A wide view of Srinagar's busy market. [FPK Photo/ Umar Farooq]

New Delhi: Jammu and Kashmir’s Lieutenant Governor Manoj Sinha has said that in the last four years a lot has changed as Kashmir is becoming a mini-Europe while night life has returned to the Valley after so many decades.

Addressing 9th India International MSME Expo and Summit 2023 in New Delhi, the LG said that many people question as to what has changed in Kashmir in the last four years.

“Let me put it on record that Kashmir is becoming a mini-Europe. The night life has returned to a place where people were seen rushing to their homes just after sun set,” the LG said. He said that street violence.

“Cinemas are functioning normally and people are enjoying the night life. Youth could be seen going home late night with guitars and ice-creams in their hands,” the LG said.

The LG commended the MSME Development Forum for its endeavours to bring together policymakers and entrepreneurs for the promotion of Micro, Small & Medium Enterprises.

“Micro, Small & Medium Enterprises are accelerating India’s economic growth and powering Hon’ble Prime Minister Shri Narendra Modi Ji’s vision of ‘Make in India’ and ‘Aatmanirbhar Bharat’,” the LG said, adding that initiatives such as MSME Expo, trade fairs provide an important platform to spread awareness about government schemes, policies and to explore new business opportunities in the sector.

The LG said shared the key interventions of UT administration to facilitate the growth of MSMEs in J&K. “MSMEs are the backbone of industrial growth and equitable development. Our commitment to industries, Small and Medium Enterprises and institutional support as well as infrastructural facilities in J&K is showing results,” he said.

Highlighting the potential of the MSME sector in Jammu & Kashmir, the Lt Governor said, as many as 2.81 lakh MSMEs have been registered on the Udyam portal in last 3 years, reflecting the sector’s remarkable growth trajectory, he said.

The LG said that districts like Shopian, Pulwama, Anantnag, Baramulla, Kulgam, Bandipora are recording unprecedented growth of micro and small units. “The number of new enterprises in small towns is growing faster and realizing the dreams of new entrepreneurs,” he said

The LG underscored the important role of Small and Medium Enterprises in skilling of youth, promotion of One District One Product (ODOP) and handicraft and handloom sector in the UT of J&K. “Micro & Small enterprises have also become a powerful medium for socio-economic change for women entrepreneurs.

Today, more than 74,000 SMEs are being run by women in Jammu and Kashmir,” he said and invited the industry leaders and the potential investors to invest in Jammu & Kashmir.

“New industrial development policy offers greater incentives, support for expansion and opportunity to explore emerging possibilities in Tourism, Information Technology Enabled Services, Agriculture & Allied Sectors,” he said.

“For the promotion of Micro, Small & Medium Enterprises, the UT Administration had also taken an important decision and increased the total procurement of Government Departments and Public Sector Undertakings from MSMEs to 25 percent.”

More than 40 exhibitors, supported by JKTPO, are participating in the 9th India International MSME Expo & Summit 2023, showcasing their innovative products, services, and solutions across diverse sectors.

The Lt Governor also visited the stalls installed by MSMEs and other stakeholders displaying local products from UT of JK.

Rajnish Goenka, Chairman, MSME Development Forum; Alexander Rybas, Trade Commissioner of Russian Federation in India; Dr Deepak Vohra, Indian Diplomat; Dr Sharad Kohli, National Board member, MSME Development Forum, foreign and domestic business delegates, investors, entrepreneurs and representatives of MSMEs were present on the occasion. (KNO)

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