Cabinet approves adoption of Procedural Guidelines to Industrial Policy 2016-26

SrinagarThe Cabinet meeting chaired by Chief Minister, Mehbooba Mufti today accorded sanction to the adoption of Procedural Guidelines with respect to the Industrial Policy; 2016-26 which shall be applicable till the policy remain in vogue and shall come into force with immediate effect.

New Industrial Policy was notified in March, 2016. After its notification there had been demand from stakeholders including Industrial Associations and field agencies of the department for issuing detailed procedural guidelines elaborating various provisions of the Industrial Policy and providing clarity on important issues.

The guidelines have been prepared on the basis of feedback/suggestions obtained from various stakeholders and inter-departmental consultations with the Finance and Law Departments.

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