SRINAGAR, JUNE 7: The Cabinet meeting
chaired by Chief Minister, Mehbooba Mufti today accorded sanction to the
adoption of Procedural Guidelines with respect to the Industrial Policy;
2016-26 which shall be applicable till the policy remain in vogue and shall
come into force with immediate effect.
New Industrial Policy was notified in
March, 2016. After its notification there had been demand from stakeholders including
Industrial Associations and field agencies of the department for issuing
detailed procedural guidelines elaborating various provisions of the Industrial
Policy and providing clarity on important issues.
The guidelines have been prepared on the
basis of feedback/suggestions obtained from various stakeholders and
inter-departmental consultations with the Finance and Law Departments.
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