LG: J&K can generate extra annual revenue of Rs.15k-20k cr in 5-7 yrs
JAMMU, Dec. 18 -- J&K lieutenant governor Manoj Sinha on Wednesday said that since J&K holds immense potential in limestone, sapphire, lithium and other minerals, the union territory can shore up its coffers with an additional annual revenue of Rs 15,000 crore to Rs 20,000 crore.
"J&K holds immense potential in limestone, sapphire, lithium and other minerals. With strategic planning, in the next five to seven years, we can generate an additional annual revenue of Rs 15,000 crore to Rs 20,000 crore," Sinha said during his speech at the strategic management forum conference on policy making and strategic planning for achieving 'Viksit Bharat by 2047' at IIM, Jammu.
The LG underlined the need to boost revenue by tapping into the UT's vast but underutilised mining sector.
He also called for maximising the hydro power sector, and suggested necessary amendments to the holistic agriculture development programme (HADP) to ensure it meets evolving economic needs.
Sinha said the divisive "insider-outsider" narrative must be put to an end. "Those spreading such narrative are creating hurdles in the development process," he said.
Sinha also said that the terrorists hiding in rugged terrains, mountains and dense forests will be eliminated soon.
On the occasion, he unveiled the Basohli painting exhibition. "Basohli Painting is our priceless artistic heritage which holds immense value for present and future generations. I commend IIM Jammu and the Indira Gandhi National Centre for the Arts for the unique initiative," he said. htc...
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