write short note on the tourism industry of jammu and Kashmir UT
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Jammu and Kashmir (J&K) is a Union Territory (UT) of India, located in the country’s northern part and a global tourist destination. In addition to traditional recreational tourism, a vast scope exists for adventure, pilgrimage, spiritual, and health tourism.
The J&K government has an industrial policy that offers attractive incentives along with a single-window clearance mechanism. Land is allotted at concessional rates in industrial areas on lease for 90 years. The Skill Development Policy 2012-17 and the Sher-e-Kashmir Employment & Welfare Programme for the Youth 2009 are the policies undertaken by the government to develop the skills of the indigenous people of the Union Territory and offers better employment opportunities.
J&K has attracted Foreign Direct Investment (FDI) equity inflows worth US$ 6 million during the period April 2000 to September 2019, according to data released by Department for Promotion of Industry and Internal Trade (DPIIT).
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