FOIJ hails Govt’s approval for change of land use from agricultural to non-agricultural purposes

STATE TIMES NEWS

JAMMU: On behalf of Federation of Industries Jammu (FOIJ), Lalit Mahajan Co-Chairman FOIJ and President , Bari Brahmana Industries Association conveyed thanks to Manoj Sinha, Lt. Governor of J&K UT, Farooq Khan and Rajeev Rai Bhatnagar, Advisors to the Lieutenant Governor, Arun Kumar Mehta, Chief Secretary, Nitishwar Kumar, Principal Secretary to the Lieutenant Governor and Ranjan Prakash Thakur, Principal Secretary Industry & Commerce, for the approval of regulations framed by the board of revenue for conversion of agricultural land for non-agricultural purposes.
These regulations were necessitated after the legislative changes in the land revenue act post-reorganization of the erstwhile state, he said.
Lalit Mahajan welcomed the decision of Jammu and Kashmir Administration for conversion of agricultural land for non-agricultural land for setting up New Industrial Estates for Prospective Entrepreneurs which will help for the massive Investment in the Industrial Sector of Union Territory of Jammu & Kashmir which will also go a long way to generate Direct & Indirect Employment opportunities for local peoples and contribute to the local economy.
Meanwhile, he requested Lt. Governor Manoj Sinha and Ranjan Prakash Thakur for the applicability of SO 241 dated July 16, 2021 also for the exemption of Stamp Duty for the Transfer of Agriculture Land for Industrial purpose.

Jammu