Share FacebookTwitterWhatsAppPinterestLinkedinCopy URLTelegramEmailTumblrReddItPrintKoo Excelsior Correspondent SRINAGAR, Jan 23: The Federation of Chambers of Industries Kashmir (FCIK) today presented a pre-budget memorandum to Chief Minister Omar Abdullah, flagging what it described as “deep regional and sub-regional imbalances” in industrial infrastructure across the Union Territory. A spokesperson for FCIK said the Chamber stressed that the ongoing review of the industrial policy must address “ground-level distortions that have led to stress and idleness in existing enterprises, besides persistent inequalities in opportunities for promoting industrial activity in limited pockets.” The Chamber placed data before the Chief Minister showing that the Kashmir region has “only about 21,900 kanals of industrial land in existing and upcoming estates compared to nearly 29,700 kanals in the Jammu region,” creating a shortfall of more than 7,800 kanals. Within Kashmir, the spokesperson said, “Industrial infrastructure is overwhelmingly concentrated in South and Central Kashmir, while North Kashmir has just 498 kanals of developed industrial land, with 1,828 kanals under development.” In Jammu, FCIK said industrial growth remains “largely plains-centric”.
