The Centre on Tuesday that it has notified New Central Sector Scheme (NCSS) for industrial development in Jammu and Kashmir with financial outlay of Rs 28,400 crore for encouraging new investments.
In a written reply to a question in the Lok Sabha, minister of state for home affairs Nityanand Rai said that the incentives being provided under NCSS include capital investment incentive, capital interest subvention, goods & services tax linked incentive and working capital interest subvention.
He said that Jammu and Kashmir administration has taken various policy initiatives to boost the industry sector and making it as investor friendly destination
