J&K: L-G Murmu revives global investors’ summit
JAMMU: Lieutenant governor Girish Chandra Murmu reviewed preparations for the upcoming global investors’ summit and the status of power development department at a high-level meeting at Raj Bhavan.
Murmu chaired the meeting late Thursday to review the arrangements underway for the proposed J&K Global Investors’ Summit in 2020.
On July 31, days before the Centre revoked Article 370, the then governor Satya Pal Malik had accorded sanction to hold J&K First Global Investors’ Summit from October 12 to 14.
However, it was shelved following the bifurcation of the state into two UTS.
“L-G has advised creation of committees of officers and entrusting responsibilities well in advance for successful conduct of the summit. He suggested preparing a video presentation to highlight the potential sectors of J&K for investment and creating interactive social media handles for the summit,” said an official statement issued here.
EARLIER SCHEDULED FOR OCTOBER 12-14, THE MEET WAS SHELVED WHEN ARTICLE 370 WAS NULLIFIED ON AUG 5
PRIORITY TO LONGTERM INVESTMENT
Murmu observed that the priority should be long-term investments and with environmentfriendly industries. He suggested holding of meetings with Indian investors before the summit, for highlighting the current status and growth potential of the identified sectors in J&K.
Former DGP and former transport commissioner Shesh Paul Vaid posted on his Twitter: “After the landmark decision by the Union Government of abrogation of #Article370 now is the right time for investors to develop the unexplored tourist & industrial opportunities in Jammu region. There is high potential for improving health, education, tourism in the Ut.(sic)”
REVIEWS POWER ARRANGEMENTS IN UT
In a separate meeting, Murmu reviewed the functioning of power development department and asked the officials to check power pilferage.
He advised the department to come up with viable solutions for meeting the power deficit and outstanding balance amount in the power bills.