Srinagar, June 16 (KNN) MSMEs are the main focus of Jammu & Kashmir Government, Minister for Industries and Commerce Chander Parkash Ganga said adding that there are 30,257 registered MSME units employing about 1.45 lakh people in the State.

While addressing the Assembly, he said that the Government has plans to attract an investment of Rs. 20,000 crore in coming 10 years.

“With a slew of industry-friendly measures, the J&K government aims to attract investments of Rs 20,000 crore over the next 10 years,” the Minister said.

He further added that as per the latest economic survey by the Government, the MSME sector contributes almost 25.87 per cent to the Gross State Domestic Product (GSDP) and various steps are being taken to strengthen the sector for socio-economic transformation of the State.

Highlighting the provisions of New Industrial Policy 2016, the Minister said that industrial policy envisions ease of doing business by simplifying the process of obtaining clearances, No Objection Certificates (NOC) including self-certification of documents and others. (KNN Bureau)