Sunday, May 9, 2021
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the Jammu district Deputy Magistrate Sushma Chauhan, Section 144 (against a gathering of more than 4 people) had been withdrawn from Jammu municipal limits.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 Staff
Staff reporter at OpIndia

Related Articles

Trending now

Netizens call out actor Sonu Sood’s claims of arranging for plasma, bed for COVID patients

After multiple media reports and social media posts on how Sonu Sood was helping out migrants go back home last year amid the nationwide lockdown, Sood had written an autobiography, 'I am no no messiah'.

Here is how The Lancet used dubious sources to blame Modi Govt for the Covid crisis

Following the abrogation of Article 370, The Lancet had issued a strong condemnation of the Indian Government.

Indian diaspora protests against West Bengal post-poll violence in UK, Canada, Australia and United States

"The State machinery is failing the people of West Bengal as the Hindus are subjected to killings, rapes, and exodus from their homeland," a protestor said.

Prashant Kishor to fire 85 percent of his IPAC staff after Bengal election victory, may start a political career in Bihar: Report

Only the core 100-150 people will be retained to carry out political strategising work that Prashant Kishor ked IPAC does.

Himanta Biswa Sarma elected as next Chief Minister of Assam after BJP legislative party meeting

Himanta Biswa Sarma was proposed as the next Chief Minister by outgoing CM Sarbandana Sonowal in the legislative party meeting

China’s ‘out-of-control’ rocket debris disintegrates over the Indian Ocean, lands near the Maldives

Notably, the rocket which is uncontrollably falling back to Earth is the same space module whose launch was gloated upon by a Chinese Communist Party body to mock India's handling of the coronavirus outbreak.

Recently Popular

Meet AAP’s ‘Delhi ke Nirmata’: Who is Navneet Kalra, the businessman on the run after oxygen hoarding scandal was busted

Oxygen Concentrators have been found at Khan Chacha, Nege & Ju bar and Town Hall restaurants in Delhi, all owned by Navneet Kalra

Arvind Kejriwal govt expels 7 journalists from Whatsapp group after report critical of govt handling of oxygen crisis, senior journalists keep mum

The Arvind Kejriwal government has been the darling of the media for a long time but it seems to want absolute devotion

Comedian Sanket Bhosale who had featured in ad mocking Rahul Gandhi booked for violating Covid-19 norms in Punjab

A week after the vandalism by the Congress workers in Mumbai, the Congress-led Punjab government has now booked comedian Sanket Bhosale, the actor featured in the advertisement, on the pretext of violating Covid-19 regulations during his wedding.

Chinese research paper, published 6 years ago by Chinese military backed authors, discussed weaponising Coronavirus: Reports

A 2015 research paper by Chinese scientists reveals nefarious plans to weaponise the SARS Coronavirus against the world.

‘Dominance of one religious group cannot prevent religious celebrations of other’, says Madras HC after local Muslims object to Hindu procession

The Madras High court concluded that similar acts of 'resistance' by other religious groups would result in loss of lives, destruction of properties, riots, religious fights and chaos.

Subramaniam Swamy calls S Jaishankar a ‘waiter’ and says he tested positive for COVID: Netizens fume, EAM clarifies

Subramanian Swamy stoked controversy after he targeted Dr S Jaishankar by referring to him as a 'waiter' and claiming he was COVID positive
- Advertisement -


Connect with us