<h1>Government Launches Rs. 28,400 Crore Scheme for Industrial Growth in Jammu & Kashmir, Aiming for 4.5 Lakh Jobs by 2037.</h1> The government has approved a Central Sector Scheme for the Industrial Development of Jammu & Kashmir, with a budget of Rs. 28,400 crore, effective until 2037. This initiative aims to boost employment and socio-economic growth by promoting both manufacturing and service sectors. It offers incentives such as capital investment and interest subventions, GST-linked incentives, and working capital interest support. The scheme targets block-level development, encouraging new investments while supporting existing industries. It is expected to generate employment for approximately 4.5 lakh people and indirectly support 35,000 more, transforming the industrial landscape of the region.