Amit Shah launches portal for registrations of units under New Central Sector Scheme for J&K

The minister said that the government will provide financial assistance and subsidy for the already existing industry in J&K.

Home Minister Amit Shah on Tuesday launched a web portal for registration of units under the New Central Sector Scheme for Jammu and Kashmir. He said that the new industrial policy is the fulfilment of Prime Minister Narendra Modi's promise after revocation of Article 370 and 35A and that the Centre aims to create a new horizon for the overall development of the Union Territory. The minister said that the government will provide financial assistance and subsidy for the already existing industry in J&K and that as part of the Rs 80,000 crore package announced by the PM, 96% of the central money has already been provided.