Jammu and Kashmir has received 6,851 investment proposals to the tune of Rs 1.19 lakh crore ever since Article 370 was abrogated five years ago, and 4.61 lakh potential jobs are expected to be created through these initiatives, official sources said.
Giving details of the overall progress in Jammu and Kashmir every since August 5, 2019, when Article 370 was scrapped and the erstwhile state was bifurcated into two Union Territories, the sources said the UTs of Jammu and Kashmir, and Ladakh received equal federal rights with the acceptance of “One Constitution, One National Flag, One Prime Minister”.
By ending the ‘Durbar tradition’ of shifting capital in summer and winter months, Rs 400 crore has been saved while Kashmiri, Dogri, Hindi, Urdu and English were declared official languages, they said.