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“Gulf Business Submit Held In Sri Nagar Attended By 33 Delegates”-Know The Highlights…

Pooja YadavMarch 24, 20220

Delegates from 33 companies from the city, the UAE, and Saudi Arabia arrived in Srinagar to instill and gauge the growing situation in Jammu & Kashmir for investments and can also see that the MoUs amounting to Rs. 3,000 crores, signed earlier this year, are utilized properly, efficiently, and effectively... Gulf Business Summit are attended by the delegates with the aim of discussing the exploration of investment opportunities in various sectors across Jammu & Kashmir. For the primary time a Saudi Arabia-based investor has shown interest in business opportunities in Jammu & Kashmir. The government of Jammu & Kashmir had signed MoUs within the month of January with various UAE–based companies like Lulu, Emaar, Al Maya Group, MATU Investments, Century Financial, GL Em...

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Centre Consigns Lands In J&K To Army As ‘Strategic Areas’; PDP Shows Concerns

Pooja YadavFebruary 12, 20220

Gulmarg and Sonmarg, peaks that are always covered with snow and long visited by tourists, could now see more Army presence. The Centre has allotted a total of 129 acres of land in Gulmarg, India's finest skiing destination, and 44 acres in Sonmarg, to the military for operational and training requirements. This decision has sparked concern, taken by the J&K Union Territory government, which notified the land as "strategic areas" after asking the military to use it for military purposes. Both the areas remained free from conflict. The military already incorporates a presence in both places where it's running high-altitude warfare schools. In 2020, the Centre amended rules in Jammu and Kashmir, authorizing the administration to notify "strategic areas" to use by the soldie...