Srinagar, Sep 24 (KNS): Chief Minister Omar Abdullah on Thursday reviewed the draft Jammu and Kashmir Industrial Policy 2026-35 and directed the Industries and Commerce Department to ensure that the final framework is balanced, pragmatic and responsive to the evolving needs of the industrial sector.

The meeting was held at the Civil Secretariat here and was attended by Deputy Chief Minister Surinder Choudhary, Advisor to the Chief Minister Nasir Aslam Wani, Chief Secretary Atal Dulloo, Additional Chief Secretary to the CM Dheeraj Gupta, ACS Finance Shailendra Kumar, Commissioner Secretary Industries and Commerce Viramjit Singh, J&K Bank MD and CEO Amitava Chatterjee, and senior officers of the Industries and Commerce Department and allied departments.

During the meeting, Commissioner Secretary Industries and Commerce made a presentation on the draft policy and briefed the participants on its broad framework, objectives and formulation process.

Omar held detailed discussions on the proposed policy and stressed the need to create a conducive environment for investment while ensuring that its benefits translate into greater opportunities for local entrepreneurs, businesses and employment generation.Click Here To Follow Our WhatsApp Channel

He emphasised that the policy should provide a comprehensive and competitive incentive framework, with focused support for priority sectors and emerging sunrise sectors.

The Chief Minister also stressed the need to strengthen market access for local industries, further improve ease of doing business and closely link incentives with local employment generation and skill development.

Highlighting the importance of effective implementation, Omar called for a robust mechanism with a clear focus on simplifying processes, facilitating ease of doing business and ensuring the effective delivery of the policy's objectives.

The department was directed to further refine the draft in light of the discussions before it is finalised through the prescribed process.(KNS)