Land Allotment Policy
The State government allocates land in the industrial estates and developed areas on long-term lease of 90 years on first come first
served basis. However, entrepreneurs can choose the land if the requirement is large. A capital subsidy of 50 per cent will also be
available at the time of availing of term loan for the construction work.
Power
The state gives priority to the industry while supplying it with quality
power. The statute regulates the industrial power tariff,
which are fairly attractive in the state. The industrial units are allowed to install their own captive power generation plants in the
state and such units would be excluded from paying electricity duty. Besides, the state also gives subsidy for purchase of new diesel
generating sets of 1 MW.]
ANNEX A.1
Websites and Addresses of Important Agencies and Bodies in
J&K
State website:
http://jammukashmir.nic.in
District Jammu website:
www.jammu.nic.in
Jammu and Kashmir Industrial and Technical Consultancy
Organisation Ltd. (JKITCO)
J&K ITCO was set up in April 1997 as a subsidiary of Industrial Development Bank of
India. The organisation's prime objective is to provide a package of
consultancy service to both existing and potential, tiny, small and medium scale industrial
units. The organisation also renders
assistance to various state-level banks and institutions.
Jammu & Kashmir State Financial Corporation (JKSFC)
URL: http://www.jkfinco.com
The JKSFC was established to act as a regional development bank with the aim of promoting industries and boosting economic
development in the state for providing financial assistance to prospective entrepreneurs for development of industries. JKSFC
creates opportunities for industrial ventures in the state and then promotes them. The corporation also initiates steps for
rehabilitating potentially viable sick units.
Small Industries Service Institute
URL: www.smallindustryindia.com/sido/sisi/26.htm
The Small Industries Service Institute (SISI) provides techno-managerial, economic and marketing services to prospective
and existing entrepreneurs in the state. The institute helps the entrepreneurs in product identification and diversification,
selection and procurement of machinery and preparation of project reports.The institute based in Srinagar is currently operating from
its Jammu branch.
ANNEX A.2
Contact Address of Government Offices
Government Officials
Addl. Chief Secretary to Govt.
Industries and Commerce Department
Civil
Secretariat, Srinagar (May - Oct)
Civil Secretariat,Jammu (Nov -Apr)
J&K State
Phone: (May - Oct) (0194)452265 (Nov-Apr) (0191)544050
Sericulture Development Department
Directorate of Sericulture, J&K Government,
Jammu/Srinagar
Telephone: (0191) 546318
9. Director, Geology & Mining,
Old Secretariat, Srinagar
Power Development Department
Ashok Nagar, Satwari, Jammu
Phone: 430548 / 430543
Srinagar Office
96, Sogmi Bagh,Raj Bagh,
Srinagar
Phone: 431672
Industrial & Investment Promotion Bodies
Managing Director
J & K State Industrial Development Corporation Ltd.
Drabu House,
Ram Bagh, Srinagar
Phone:0194-430036,
Fax: 91-0194,430036
Website : http://www.agroindia.org/j&k
Managing Director
Jammu & Kashmir Financial Corporation
Sehkari Bhawan
Rai Head Complex,
P.B.No.-14,
Jammu Tawi-1
Phone: 0194-432772,432785 / Fax: (0194) 436753
Website : www.jkfinco.com
Managing Director
J&K Industrial & Technical Consultancy Organisation
49 C/C,Gandhi Nagar,
Jammu
Phone: 435211
Managing Director
J&K Handicrafts (Sales & Export) Corporation Ltd.
Emporium Garden,
Residency Road,
Srinagar
Phone: 0194-452376
Managing Director
J&K Small Industries Development Corporation Ltd
Auquaf Building,
Gandhi Nagar,Jammu -180004
Phone :0191-431644/Fax: 0191-431733
Srinagar Office
SICOP, Boulevard,
Srinagar - 190012
Phone: 0194-477043
Managing Director
J & K State Handloom Development Corporation Ltd
A/D Sector, Green Belt Park, Gandhi Nagar,
Jammu
Phone: 0191-433626
Srinagar Office
Wazir Bagh
Srinagar.
Phone (0194) 431354
ANNEX B: ANNEXURE:
Important Industry Associations in
J&K
Jammu & Kashmir Small-Scale Industries Development Corporation
Ltd.
Jammu and Kashmir small-scale Industries Development Corporation Ltd. was started in 1975. The main objective of the corporation is to aid, counsel, assist, finance, promote, and protect the interest of small-scale industrial units in the state.
Contact Address:
-
Auquaf Building, Gandhi
Nagar, Jammu -180004
Telephone-(0191) 431644 Fax- (0191) 431733
-
SICOP, Boulevard, Srinagar-190012
Telephone- (0194)477043
J&K Entrepreneurship Development Institute
The Jammu & Kashmir entrepreneurship development institute was
set up with an aim of providing training and consultancy services to
the existing and prospective entrepreneurs in the state.
ANNEX C: ANNEXURE:
Estimates of Cost of Setting up Business
in J&K
Cost of setting up business in J&K1
An indicative table on cost of setting up business in J&K
|
Manufacturing |
Land (US$ / hectare)
Labour Cost (US$ / man
year worked) |
58,421
2,279 |
| Services |
Occupation Costs
(US$ / sq ft / year)
|
16.8 |
|
Employee Cost (US$ /
man year)
|
Software Developers
Team Leads
Architects
Project Managers |
4,020
12,241
16,946
26,968 |
|
Common Heads |
Cost of Capital
(Prime lending rate,
per cent)
Electricity (US$ / 1000
KWh) |
10.25-
11.00
35.2 |
