Jammu and Kashmir’s industrial policy has historically not been entrepreneur-friendly, limiting the region’s economic growth and industrial expansion. However, in recent years, there was a significant boost in industrial development, fostering business opportunities and attracting investment. Unfortunately, this momentum was abruptly halted following the formation of an elected government, which introduced a new industrial policy that has stalled progress and thrown businesses into a state of uncertainty.
One of the biggest concerns is the sheer negligence and inefficiency in land allotment for industrial purposes. Thousands of aspiring entrepreneurs have applied for land to set up industries, yet the government remains inexplicably stagnant, failing to take any decisive action. This bureaucratic paralysis not only discourages investment but also crushes the entrepreneurial spirit in the region. It raises serious questions about the government’s commitment to economic development—why invite applications if there is no intent to process them?
Even more frustrating is the government’s inaction regarding already allotted plots that remain unutilized. Instead of enforcing deadlines or reallocating these plots to serious and deserving entrepreneurs, the administration has chosen a path of indifference. Valuable land remains wasted while enthusiastic business minds are left waiting in vain.
The elected government has the authority and responsibility to drive industrial growth, yet it is failing miserably. It must immediately prioritize policy implementation, streamline land allotment procedures, and ensure that unused plots are reassigned without further delays. Without proactive measures, the region risks losing valuable economic opportunities, eroding investor confidence, and stagnating in a cycle of administrative apathy.
Jammu and Kashmir stands at a critical juncture where industrial development can be a game-changer. The government must act now—enough with the delays, enough with the excuses. Entrepreneurs need action, not empty promises. The time for dithering is over; the government must wake up and deliver.
