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De rigueur economic development vital for J&K
Zafar Bhat. Dated: 9/21/2017 2:35:46 PM
Zafar Bhat
Jammu, Sep 20
For the fascinating economic development of Jammu and Kashmir, there is need of an innovative strategy for economic development for the state that would work particularly well in Jammu, where small business has been the backbone for decades.
However, it is a desideratum for the Government to focus toward small-business growth, development, and tourism. Particularly, focus should be on attracting folks to our state and for development up and down the state, whether it’s management or strategic finds or just basic advocating for infrastructure projects and utility projects to really make J&K an attractive state for companies looking to come here and companies that are already here and looking to grow.
Consequently, it would help in growing companies and encouraging entrepreneurs who are already in the state to fulfill their dreams and to reach their potential. Thus, discussing possible initiatives could help the city, as well as work toward new development.
The government needs to create a conducive and enabling environment to promote trade, commerce, entrepreneurship, and investment in the State.
Notably, one of our greatest strengths in the state of J&K is the ability to bring together a private sector and a public sector to achieve our mutual goals. There are many examples of that ability in that you have everybody in this room, from our land use folks in the county and the cities to state organizations to small businesses and nonprofits and chambers of commerce who have all collected here to share resources, share ideas to really move our state forward.
Meanwhile, there is also need to focus on positivity to tide over the trade depression and economic despair prevailing in Kashmir over the past some time, the steady decline in growth in various vital sectors of J&K's economy is quite visible and disturbing and a concerted effort is needed at all the levels to regenerate livelihood and the economic activity.