Srinagar, 05-01-2024 : The Federation of Chambers of Industries Kashmir (FCIK) has raised alarm about the sluggish pace of industrial development in the North Kashmir regions of Baramulla, Kupwara, and Bandipora. In a meeting presided over by Shakeel Qalander at the Industrial Estate Baramulla, the Advisory Committee of FCIK discussed the prevalent stark inequalities and imbalanced growth in these areas, constituting 44.89% of Kashmir’s total area but accommodating only 12% of its industrial units.
The spokesperson emphasized that during the meeting, representatives shed light on the inadequate establishment of major industrial estates in these districts, creating obstacles for investment and limiting opportunities for the educated youth. Pointing out the disparities, it was noted that Baramulla district has only three functional industrial estates, while Kupwara and Bandipora have two each. Additionally, the two estates in Bandipora, spanning over 61 kanals of land, have predominantly been utilized by security forces over the past three decades.
Addressing specific concerns, the spokesperson mentioned the Rudbugh industrial estate, founded in 2016 on over 85 kanals of kahcharai land. Despite its recent legal transfer by the Jammu and Kashmir Administrative Council to the Industries and Commerce Department, the demarcated land has not been handed over to the relevant unit holders due to various pretexts.
Furthermore, the spokesperson highlighted challenges faced by the Tulbal industrial estate, covering 428 kanals of land, which is entangled in litigation with villagers. Despite the allotment of 75 industrial plots in the estate, legal disputes are hindering its development. The Advisory Committee assured the concerned representatives that they would actively advocate for these issues with the government, seeking resolutions to foster industrial growth in these regions.
#FCIKConcerns #IndustrialGrowth #NorthKashmirDevelopment #InclusiveIndustry #YouthOpportunities #KashmirEconomy #LandDisputeIssues #FCIKAdvocacy