SAC approves J&K Start-up Policy, subsidy for WPUs, CAS

Nod to creation of 800 posts of Vet Asstt Surgeons
Excelsior Correspondent
SRINAGAR, Sept 12: In a significant decision to facilitate and nurture growth of new Start-ups, the State Administrative Council (SAC), which met here today under the chairmanship of Governor, Satya Pal Malik approved the “J&K Start-up Policy 2018”.
Advisors to the Governor, B B Vyas, K Vijay Kumar and Khurshid Ahmad Ganai, Chief Secretary, B V R Subrahmanyam and Principal Secretary to Governor, Umang Narula attended the meeting.
The Policy aims to inspire the young and entrepreneurial brains of Jammu and Kashmir to pursue innovation and entrepreneurship by creating a vibrant and conducive Start-up ecosystem in the State. The Government through this Policy aims to empower Start-ups to grow through innovation and design which, inter-alia, will help in accelerating economic growth besides generating employment opportunities.
The Policy shall give special attention to Start-ups with disruptive value additions in Food Processing and Allied activities, Agriculture including Horticulture and Floriculture, Textiles, Apparel & Fashion Technology, Renewable Energy, Handicrafts & Handlooms and their design element, Electronics System Design and Manufacturing, Information Technology enabled Services
The Policy will facilitate growth of new Start-ups through establishment of at least 10 new state-of-the-art incubators, Innovation Labs and Fabrication Labs across the three regions of the State including private sector. A strong institutional framework will be put in place for effective implementation, monitoring and evaluation of this policy.
A monthly allowance upto Rs 12,000 (for a period of one year) during incubation and one-time assistance upto Rs 12 lakh shall be given to a recognized Start-up for Product Research & Development or introduction of an innovative product or service in the market.
The Policy shall be valid for a period of ten years or till a new Start-up Policy is framed by the Government.
The SAC also approved the proposal of Horticulture Department for setting up of walnut processing units in the private sector through an enabled interest subvention scheme.
The objective is to increase the processing capacity of walnuts in the State. The adherence to scientific processing and grading practices shall fetch better returns in today’s competitive market.
The scheme will facilitate the interest subvention of 100% for a period of 5 years on a loan of Rs 1 crore availed for establishing of Walnut Processing Unit of 500 MTs capacity in Private sector.  Ten (10) walnut processing units of 500 metric ton capacity each have been targeted under the scheme.
In another similar decision, the SAC approved setting up of the walnut nurseries in the private sector with an attractive interest subvention and subsidy support.
This scheme shall facilitate 50% subsidy, subject to a ceiling of Rs 7.50 lakh, for establishing a walnut nursery with high tech poly green house, costing Rs 15 lakh in private sector and 100% interest subvention on balance loan raised for the purpose, for a period of 05 years.  Seven (7) walnut nurseries are targeted to be covered under the scheme during 2018-19.
The proposal of Horticulture Department for promoting Aloe Vera cultivation both in the Public as well as the Private sector was also approved by SAC.
The proposal aims to promote Aloe Vera cultivation for overall development of Horticulture sector in Jammu Division by providing 75% subsidy, subject to a ceiling of Rs 0.75 lakh per hectare, for plantation of Aloe Vera in 50-hectare area in the districts of Kathua, Samba, Jammu, Udhampur and Reasi under private sector. Besides, an Aloe Vera nursery and three Aloe Vera processing units shall be established in the public sector for making planting material available and processing the produce of the growers for higher returns.
Similary, the proposal of Horticulture Department for facilitating private players to establish more Controlled Atmosphere (CA) stores in the State by providing additional back ended subsidy support was approved by SAC.
Private entrepreneurs shall be encouraged to establish more CA stores in the J&K State, thus increasing the withholding capacity of orchardists for ‘A” grade Apple as result of which supply of Apples can be regulated for better returns to the orchardists by providing 33% back ended subsidy (Max. upto Rs. 7.26 Crore on pro rata basis) on establishment of 5000 MT capacity CA storage facility in addition to the back-ended subsidy already available under the centrally sponsored scheme Mission for Integrated Development of Horticulture.
The additional subsidy support shall be provided to 10 CA stores of at least 5000 MTs capacity each which shall be coming up in the state during two years, i.e. 2018-19 and 2020-21.
In another major decision, SAC approved the proposal for providing interest subvention for procurements of Refrigerated vans. The proposal aims to encourage private entrepreneurs to purchase refrigerated vans in the State by providing 100% interest subvention for their procurement.
The maximum subsidy permissible under MIDH is Rs 13 lakh per vehicle of 9 MTs capacity and above. The entrepreneur raises 70% of the loan usually at the rate of 12% per annum. 100% interest subvention on the loan raised for procurement of such vehicles less by subsidy provided under MIDH has been approved. The 100% interest subvention shall be provided for purchase of 10 Refrigerated vans including 5 Vans of 9-ton capacity and 5 Vans of 16-ton capacity, for a period of five years on the reducing balance of loan.
The SAC also approved transfer of State land measuring 77 Kanal & 17 Marla situated at villages of Regipora, Bohipora and Kupwara of District Kupwara to the Sher-e-Kashmir University of Agricultural Sciences & Technology Kashmir (SKUAST-K) for establishing Krishi Vigyan Kendra.
The SAC further directed the Agriculture Production Department to take up the matter with SKUAST-Kashmir/Jammu for establishment of Krishi Vigyan Kendras in other districts of the State, as are without such facilities.
The SAC also accorded sanction to the creation of 400 posts of Veterinary Assistant Surgeons for appointment through JKPSC and 400 posts of Paravets for appointment through JKSSB in a phased manner in the Animal / Sheep Husbandry Department.
The SAC further asked the Animal & Sheep Husbandry Department to examine as to whether the recruitment against these newly created posts can be conducted on the basis of written tests only.
The sanction was also accorded to the creation of 32 posts of various categories for strengthening of Vigilance Cell in the Jammu & Kashmir High Court. The posts include 02 posts each of Registrar Inspection, Joint Registrar, 03 posts each of Assistant Registrar, Senior Scale Stenographer, Jr. Scale Stenographer, Head Assistant, Sr. Assistant and Jr. Assistant, 02 posts of Drivers and 08 posts of Orderlies.
Meanwhile, the SAC accorded sanction to the ratification of the Shahpur Kandi Dam Project Agreement signed on 08th of September between the Governments of J&K & Punjab.
After the completion of the Shahpur Kandi Barrage based on the revised safeguards for construction, the Jammu and Kashmir State will be provided full quantity of 1150 cusecs of water from river Ravi, within its total share of 0.69 MAF, benefiting farmers of Kathua and Samba Districts. Besides, State will also get 20% electricity from Shahpur Kandi Dam and Thein Dam Projects.
The project has been declared as a National Project and will be implemented by Government of Punjab without any financial liability to J&K.

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