Kashmir CM Asks Investors to Change Mindset

Srinagar, June 18: Calling for a substantial change in the mindset of investors regarding Kashmir, Chief Minister of the region Omar Abdullah Saturday said there are places more uncertain than Kashmir where investors do invest but are reluctant to come here.

Addressing a joint meeting of Confederation of Indian Industry (CII) and top ranking government officers here, he asked the CII to take concrete steps in this regard and break the ice on ground.

“I am keen to see CII members starting ventures in Kashmir and playing their important role in generating wide-ranging economic activities for the youth. For last two and half years we have had so much meetings and deliberations with regard to absorption of Kashmiri youth in private job market by enhancing their skills and employability. Now is the time that ground breaking takes place in this regard”, Omar said.

He also said Kashmir government is ready to provide a package of incentives and satisfy queries and apprehensions regarding investments in the region. “There are more uncertain places in India than Kashmir where investors are investing,” he said and asked CII to help change the mindset of investors regarding venturing upon in the region.

Omar welcomed the survey, analysis and reports prepared by CII and its associate companies for enhancing employability of youth and giving fillip to the skills development. “Your efforts are a welcome step and the suggestions you have made would be given due weightage by the Government. We are keenly eager to make necessary dent in this sector to address large scale unemployment problem in the State”, he said.

The Chief Minister asked CII members to send their special teams to the State for on-spot selection of talented students in the universities, the Government would provide you every facility to reach out to them in every area of Kashmir.