To stimulate setting up of industry in Jammu and Kashmir, Mufti Mohammad Sayeed government had issued fresh regulatory order to provide a simpler mechanism to start and operate a business unit in the State. Though a major shift from the past the order was to ensure an enabling frame work for stimulating business which was a welcome step. The new order was expected to reduce the complexity of complying with the business regulations thus stimulating growth. A single window clearance mechanism would be highlight to boost the growth in a state which never saw much of industrial activities with very few employability for the skilled and semi-skilled work force. Jammu and Kashmir as compared to other states would have Director Industries and Commerce heading the District Level Single Window Clearance Committee. Even the Minister for Industries and Commerce Chander Prakash was on record when he said the new industrial policy would help in reviving the ailing industry and allow the much needed flow of Foreign Direct Investment (FDI) to achieve the set targets. The strengthening of the industrial sector of the State can play a vital role in bringing economic stability. The new initiatives would make the cumbersome document processing a somewhat a quicker one if the corruption part is removed and accountability factor is inducted into the government departments. Jammu and Kashmir may be trying to replicate a Gujarat model of single window system for which one needs a system which is responsive and accountable to modern day requirements. The State Government should also concentrate on reviving of closed public sector units because of the lethargic government approach. Jammu and Kashmir has 53 existing industrial estates spread over 35,102 Kanals. According to the Economic Survey of 2013-14, a comprehensive industrial policy came into being in 2004 in J and K which focused on private sector industrialisation in backward blocks of the State and modernisation of the existing units.
