457 Industrial Units Are Sick In Jammu And Kashmir

457 Industrial Units Are Sick In Jammu And Kashmir

11 February 2014
India Today
Ashwini Kumar

Jammu: The Jammu and Kashmir government Tuesday informed the state legislature there are 457 industrial sick units in the State while a total number of 1028 small scale industrial units are registered in the state generating employment for 6801 workers. The total number of Large and medium units stood at 22 employing 3296 workers. In a written reply to the question asked by MLA Chaman Lal Gupta seeking detail on region-wise number of industrial units in the State prior to eruption of militancy and as of now, Minister In-charge Industries and Commerce Sajad Ahmed Kichloo said, 'there were 3518 industrial units in the State prior to eruption of militancy since from 1988.' He, further said, there are 9,663 industrial units in Kashmir division and 11850 in Jammu Division. On number of sick units, the Government replied that 368 units have become sick in Kashmir division and 89 in Jammu. 'In order to identify the industrial units of the state, which have become sick due to onset of militancy in the State, the Government constituted a State-level revival committee,' he added. 'Pursuant to various decisions taken by the Committee, 368 units were identified in Kashmir Division out of which 59 units have been sanctioned soft loan under rehabilitation package, while in Jammu division, out of 89 sick units, eight were approved for soft loan,' he said.