Srinagar: The administration in the Union Territory has made several amendments to the Jammu and Kashmir Industrial Policy which were implemented in the year 2021.
As per the amendments the merit or allottee on the basis of which land allotment was done shall not be affected adversely
Sanction is hereby accorded to the amendments in Procedural Guidelines to the Jammu and Kashmir Industrial Policy; 2021-30 notified vide Government Order No. 118-IND of 2021 dated 19th April 2021 forming annexure to this order, reads the notification issued by the Industries & Commerce Department.
In the Procedural Guidelines to the Jammu and Kashmir Industrial Policy, 2021-30; after clause 6.2, the following clause shall be added; namely, “6.3 The concerned Director, Industries and Commerce Department on the recommendations of the Managing Director, J&K, SIDCO/SICOP shall be the approving authority for allowing any change in Name and Style at the Pre-registration stage, subject to the following conditions in relation to revision of DPRs”.
That there is no upward/downward revision of the allotted land and it shall remain a constant factor. Under no circumstances revision of DPR should lead to a requirement for allotment of additional land. The merit of the allottee on the basis of which land allotment was done shall not be affected adversely by the permissible change in the DPR post allotment.
The change in DPR shall not downgrade the criteria of merit as in point 2 above, or bring in any drop in the investment/ kanal and employment/ kanal based on which land was allotted,”
After clause 84, the following clause shall be added; namely, “8.5. The Managing Director, SIDCO/SICOP on the recommendation of the concerned Director, Industries & Commerce Department shall be the approving authority for allowing any change in the line of activity/ additional line of activity at the Preregistration stage, subject to the following conditions in relation to revision of DPRs:
That there is no upward/ downward revision of the allotted land and it shall remain a constant factor. Under no circumstances revision of DPR should lead to a requirement for allotment of additional land. The merit on the basis of which land allotment was done shall not be affected adversely by the permissible change in the DPR post allotment.
The change in DPR shall not downgrade the criteria of merit as in point 2 above, or bring in any drop in the investment/ kanal and employment/ kanal based on which land was allotted.