SRINAGAR The Kashmir Chamber of Commerce and Industry Monday expressed concern over the decision of the Governors administration to lease out 60 kanals of industrial land to the CRPF in Zakura.
A spokesperson of the KCC&I stated that the business community of the State was suffering due to the non-availability of land.
The KCC&I would also be considering approaching the High Court, if needed, in this regard, said the spokesman.
He said the decision also ignores the objections raised by City Planners in the just notified Master Plan- 2035 for the Srinagar Metropolitan Region.
It is surprising that instead, the Government had recently announced that it was in the process of identification of land for the creation of small Satellite Industrial Estates of around 40 kanals, whereas huge chunks of prime industrial land were being converted into camps and residential quarters for security forces.
The spokesman said that already more than 300 kanals of land belonging to the Zainakote Industrial Estate was transferred to different wings of the State and Central Security Forces. This land was retrieved from the erstwhile Hindustan Machine Tools (HMT) group in the year 2017.