Wednesday, September 30, 2020
Home News Reports Jammu and Kashmir: Investor summit scheduled to be held for the first time in...

Jammu and Kashmir: Investor summit scheduled to be held for the first time in October postponed to November

After the abrogation of Article 370, Confederation of Indian Industries(CII) President, eminent banker Uday Kotak has announced an investor’s summit in J&K in October.

The Investor Summit which was to be held for the first time ever in Jammu and Kashmir in the month of October has now be postponed by a month. The summit which was supposed to happen on October 12-14, 2019, will now take place around November 8.

There is also a press conference expected by Governor Satya pal Malik shortly where he is expected to officially make this announcement.

The Modi-led government is trying to push a development drive in Jammu and Kashmir since it successfully revoked Article 370 in the valley. In its endeavour to do so, a special developmental plan for Jammu & Kashmir had been worked out which included the setting up of industries, state of the art educational institutes, healthcare facilities etc.

Keeping the development in J&K in mind, the Confederation of Indian Industries (CII) President, eminent banker Uday Kotak has announced an investor’s summit in J&K in October, in which major industrial groups are expected to participate and unveil concrete ideas for investment in sectors including hospitality, pharmaceuticals, agro-processing and healthcare.

The State Administrative Council (SAC) which met under the chairmanship of Jammu and Kashmir Governor Satya Pal Malik, accorded sanction to the holding of J&K Investor Summit, 2019. The event was to begin in Srinagar on 12 October. It was being told that more than 2000 investors would be invited to this program. The honour ceremony associated with this was to be held in Jammu on 14 October.

But, considering the present situation in the valley, the Government has decided to delay the summit by a month. Though normalcy has been steadily returning back to the valley, the Government probably wants to wait until conditions become absolutely normal in the valley.

At the beginning of the month, according to a statement by the Jammu district Deputy Magistrate Sushma Chauhan, Section 144 (against a gathering of more than 4 people) had been withdrawn from Jammu municipal limits. All school and colleges were set to open from August 10.

The section 144 was already relaxed in Udhampur district where schools opened on August 9 after remaining closed for 5 days. The markets were also opening from 11 AM to 5 PM, and the administration had informed that section 144 will be lifted gradually.

The people in the valley who were confined indoors during the first few days since Article 370 was repealed in the valley, gradually moved out of their houses and started normal daily life. Residents dwelling there had welcomed the audacious decision of the Narendra Modi government, which will transform the future of Jammu and Kashmir.

  Support Us  

Whether NDTV or 'The Wire', they never have to worry about funds. In name of saving democracy, they get money from various sources. We need your support to fight them. Please contribute whatever you can afford

OpIndia Staffhttps://www.opindia.com
Staff reporter at OpIndia

Related Articles

Trending now

Delhi Riots Conspiracy Chargesheet Part 1: Yogendra Yadav, Umar Khalid, Sharjeel Imam, seeds of anarchy laid on 5th and the violence on 13th Dec

7 months after the gruesome riots, the Delhi police has filed the first chargesheet detailing the conspiracy that was hatched to unleash violence in the streets of Delhi.

From “Khoon ki Dalali” to “where is proof”: How opposition parties questioned India’s 2016 Surgical Strikes in Pakistan Occupied Kashmir

The elite commandos of Parachute regiment on the intervening night of September 29-30 carried out an attack with clinical precision deep inside the Pakistan Occupied Kashmir, destroying 7 terror launch pads

Propaganda War: The undue influence of the Chinese govt over Indian media is a matter of deep concern and requires urgent intervention

Chinese Communist Party has sought to influence individual journalists and media organisations in its bid to alter global perception about China.

PM Modi tears into Congress and others for opposing farm bills, shows how they opposed everything from Ram Mandir to Rafale

PM Modi said that the people opposing the Farm Bill are doing so because the new reforms will finish the source of their black money.

AIIMS report does not rule out murder angle in Sushant Singh Rajput’s death, CBI to begin second leg of investigation soon: Reports

Since most of the evidence was destroyed, the findings has been based on 20% viscera samples of Sushant Singh Rajput

Recently Popular

Sanatana Dharma vs Bollywood on Republic Bharat: Arnab Goswami goes to war

Arnab Goswami has been at the forefront of the campaign against the drag racket in Bollywood and has not pulled any punches.

‘Maal is cigarette and hash are its different brands’, Deepika Padukone makes bizarre claims when confronted with ‘drug’ chats: Report

Deepika Padukone and others were apprised in advance as to what needed to be said during the interrogation, claimed NCB

“Your time of death has come”, radical Islamists attack actress-politician Nusrat Jahan on social media after she poses as Goddess Durga

An Instagram user, Sagar Hossain, questioned Nusrat Jahan, "Why do you support Hindus despite being a Muslim?"

Argentina: Legislator kisses bare breast of his girlfriend during online parliament session, resigns after the video goes viral

Juan Emilio Ameri claimed that he assumed that the camera was off and wanted to check out his girlfriend's new breast implants

Amnesty International, which had links to British govt and Islamist orgs shuts shop in India after it says the govt froze all its accounts:...

The government of India has stated that Amnesty has been receiving foreign funding and donations despite not registering under FCRA.

After Sushant Singh Rajput, another budding Bollywood actor from Bihar found dead, family alleges Mumbai police not cooperating

Akshat Utkarsh, hailing from Sikanderpur in Bihar's Muzaffarpur, was found dead under mysterious circumstances in Mumbai.

MP Forest Department initiates Elephant Adoption Scheme at Bandhavgarh Tiger Reserve for adoption of old and retired elephants

Week-long Hathi Mahotsav began in the Bandhavgarh Tiger Reserve on Monday this week during which the elephants in the Reserve will be given a break and will be served.

Denmark Ambassador to India calls out The Hindu for spreading fake news regarding comment by Danish PM over COVID-19 in India

Ambassador of Denmark to India, Freddy Svane, has called a report by The Hindu "twisted news".

Watch: TMC leaders and cadres in West Bengal protest Farm Bills with DJ, dance, gun and blood

With the Durga puja fever setting in TMC cadres were seen dancing and singing as they protested against the farmers bills

All you need to know about the Hathras gang rape case

Dispelling the news on social media, the Hathras police said that victim’s tongue was not cut off but injured.

‘The law applies equally to all and it shall apply to Amnesty International as well,’ MHA gives the dubious NGO a royal dressing down....

Amnesty International had accused the central govt of a witch-hunt against it blaiming them for its decision to wrap up

Delhi Riots Conspiracy Chargesheet Part 1: Yogendra Yadav, Umar Khalid, Sharjeel Imam, seeds of anarchy laid on 5th and the violence on 13th Dec

7 months after the gruesome riots, the Delhi police has filed the first chargesheet detailing the conspiracy that was hatched to unleash violence in the streets of Delhi.

Fact Check: Was Amnesty International forced to shut its operations in India due to its report on the Delhi Riots?

Amnesty International, one of the shadiest non-governmental organisations, was forced to shut down its operations in India on Tuesday

India-China standoff: MEA spokesperson rejects Chinese stand on Line of Actual Control. Read details

MEA spokesperson Anurag Srivastava has stated that the comments by the Chinese Foreign Ministry on the existence of 'only one LAC' ran counter to the bilateral agreements between the two sides.

Fact Check: Did a Muslim lawyer represent Bhagat Singh and a ‘Brahmin RSS’ man fought for the British against him?

Many social media posts and forwards are claiming that a 'Brahmin' RSS lawyer had fought for the British against Bhagat Singh.

From “Khoon ki Dalali” to “where is proof”: How opposition parties questioned India’s 2016 Surgical Strikes in Pakistan Occupied Kashmir

The elite commandos of Parachute regiment on the intervening night of September 29-30 carried out an attack with clinical precision deep inside the Pakistan Occupied Kashmir, destroying 7 terror launch pads

Connect with us

244,181FansLike
456,911FollowersFollow
17,400SubscribersSubscribe