J&K govt simplifies biz establishment process, opens door for investors

To revive the business sector and boost investor confidence with a business-friendly environment, the Jammu and Kashmir administration has approved a series of measures for simplifying business establishment process, an official spokesman said on Sunday. As per the decision taken by the Administrative Council (AC), which met under the chairmanship of Lieutenant Governor Manoj Sinha here on Saturday, the pre-requisite 'no objection certificates' (NoCs) or approvals have been relaxed for setting up of a business unit, the spokesman said.