J&K Governor Lt Sinha said a similar event will be held in Srinagar in May next year.
Srinagar:
The first real estate summit in Jammu, organized by the center and the J&K regulator, to encourage people across the country to buy land or buy a second home in Jammu and Kashmir, drew objections. fierce political response in the early days. status.
Outsiders – who are not classified as ‘permanent residents’ – were previously prohibited from buying or owning land but this was changed after the center removed Article 370 in August 2019, due to which removes the special status for J&K.
Local protesters and political parties in the area have accused the center of “putting J&K up for sale”.
J&Ks special status has been illegally revoked to dehumanise, stripping & empowering the only Muslim majority state in India. Our brazen act of plundering and selling resources shows that our sole motive is to de-identify and change our demographics. https://t.co/MhYXEEWixY
– Mehbooba Mufti (@MehboobaMufti) December 27, 2021
Once again the true intentions of the government came to the fore. will buy land in Jammu long before Kashmir. https://t.co/2xlxoWIr0b
– Omar Abdullah (@OmarAbdullah) December 27, 2021
Organized by the Union of Housing and Urban Affairs and the J&K regulator, the Jammu and Kashmir Real Estate Summit (2021) was held today. Officials say 39 MoUs, or Memorandums of Understanding, have been signed; 19 deal with the construction of civil houses.
Calling it a “historic transition in J&K,” the government said it changed the law to allow outside investment in J&K – including the purchase of non-agricultural land.
The Sinha governor said a similar event would be held in Srinagar in May next year.
“Under the new J&K Development Act, the term ‘be a permanent resident of the State’ as a criterion has been omitted, paving the way for investors outside of J&K to invest,” the program for today’s conference reads. know.
“Therefore, any citizen of India can purchase non-agricultural land in J&K.”
Last week, the J&K government, led by Governor Manoj Sinha, changed the land use law and allowed the reclassification of farmland for non-agricultural purposes. The decision has drawn strong criticism from parties in the area, who say the land will be used to settle non-locals.
The center recently told Congress that only seven plots of land had been purchased in J&K after removing the special status. Allowing people from outside J&K to buy land in UT is one of the highlights of BJP and the center, but so far that doesn’t seem to be the case.
Opposition parties have urged the government to focus on job creation rather than investment, as J&K is facing a massive unemployment crisis.
According to a recent survey on unemployment rate by Center for Economic Monitoring of India (CMIE), J&K’s unemployment rate is over 21%. The average for the whole of India is 7.8%.
Meanwhile, just a few kilometers down the road, there were protests against the summit and demands for the restoration of constitutional protections and state status.
“J&K is for sale. They’re trying to change our demographics, our history, our identity, and our culture. We don’t accept any development that changes J&K’s character. They’re doing it.” J&K auction,” said Sunil Dimple, President of Mission Statehood J&K.
Recently, the J&K government was forced to suspend its decision to privatize the electricity sector, including transmission, after 20,000 employees, who allege that government resources are being sold off systematically. system – went on strike. The army had to be called in to operate the grid stations.
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