Srinagar, Governor, Sat Pal Malik chaired the meeting of the State Administrative Council (SAC) at Raj Bhavan on Wednesday.
Advisors to the Governor, B B Vyas, K Vijay Kumar, and Khurshid Ahmad Ganai, Chief Secretary, B V R Subrahmanyam and Principal Secretary to Governor, Umang Narula attended the meeting.
The SAC deliberated upon the various proposals submitted by Administrative departments for its consideration and approval.
SAC approves J&K Start-up Policy 2018
In a significant decision to facilitate and nurture the growth of new Start-ups, the State Administrative Council (SAC), approved the “J&K Start-up Policy 2018”.
The Policy aims to inspire the young and entrepreneurial brains of Jammu and Kashmir to pursue innovation and entrepreneurship by creating a vibrant and conducive Start-up ecosystem in the State. The Government through this Policy aims to empower Start-ups to grow through innovation and design which, inter-alia, will help in accelerating economic growth besides generating employment opportunities.
The Policy shall give special attention to Start-ups with disruptive value additions in Food Processing and Allied activities, Agriculture including Horticulture and Floriculture, Textiles, Apparel & Fashion Technology, Renewable Energy, Handicrafts & Handlooms and their design element, Electronics System Design and Manufacturing, Information Technology Enabled Services
The Policy will facilitate the growth of new Start-ups through the establishment of at least 10 new state-of-the-art incubators, Innovation Labs and Fabrication Labs across the three regions of the State including the private sector. A strong institutional framework will be put in place for effective implementation, monitoring and evaluation of this policy.
A Monthly Allowance up to Rs 12,000 (for a period of one year) during incubation and one-time assistance up to Rs 12 lakh shall be given to a recognized Start-up for Product Research & Development or introduction of an innovative product or service in the market.
A Start-up shall be eligible for Energy Assistance, International Patent Filing Cost Reimbursement, Tax benefits/ relaxations in Public Procurement processes. Other interventions proposed in the Policy are the creation of Innovation/Skill Development Fund, the establishment of Jammu and Kashmir Angel Network (JKAN), Academic Interventions and Awareness and Outreach.
The Policy shall be valid for a period of ten years or until a new Start-up Policy is framed by the Government.
SAC approves JK Single Window (Industrial Investment &Business Facilitation) Act-2018
The Act is an initiative, under the flagship program of Ease of Doing Business (EoDB) of Government of J&K, aimed at a comprehensive and unprecedented overhaul of the outdated processes and procedures involved in setting up and operation of businesses in the state.
The legislation aims at making the doing of business in the State much easier and to create a hassle-free business-friendly environment here.
Earlier, Pre-establishment approvals/NOCs would take months/years to obtain. The approvals/NOCs can now be obtained in a matter of a week(s) through online mode in a time-bound manner. Under a single umbrella, services of more than 12 departments have been brought to the doorsteps of the people through online mode. All services from Pre-establishment, Pre-Operation to Renewals will be available at the Single Window Portal.
The legislation also provides for a three-level Committee at the State, Division and District level, fast clearances within the stipulated timeframe; minimum physical touch points with the official hierarchy; provision of deemed clearances; better compliance and transparency and an inbuilt grievance redressal mechanism.
The enactment of this ‘Single Window Act’ would ensure an improved EoDB ranking of the State of J&K during 2018.
SAC approves 2% DA hike for State Government employees, pensioners
The State Administrative Council (SAC), accorded sanction to the release of additional installment of 2% Dearness Allowance (DA) to the State Government employees and pensioners w.e.f 1st July 2018, over the existing rate of 7% of the basic pay/pension.
The arrears from July 2018 to September 2018 will be credited to respective G.P Fund accounts of the employees and w.e.f October 2018, the salary /pension will be drawn on revised rates of D.A. However, pensioners or those employees retiring this year will be paid arrears in cash.
The impact on the exchequer on account of Dearness Allowance would be Rs 118 crore for the current financial year and the annual financial implications would come to Rs 177 crore approximately.
The enhancement of DA would benefit around 4.50 lakh State Government employees and 1.60 lakh, pensioners.
SAC approves enhancement of ex-gratia for NoKs of slain Police personnel from Rs 48 Lakh to Rs 70 Lakh
The State Administrative Council (SAC), accorded sanction to the enhancement/grant of ex-gratia relief to the NoKs of J&K Police Personnel killed in course of performing duties attributed to acting of violence/militancy-related incidents.
The decision will enhance the existing cumulative ex-gratia relief admissible to the NoKs of J&K Police Personnel from Rs 48 lakh to Rs 70 Lakh and to NoKs of SPOs from Rs 14.5 Lakh to Rs 30 Lakh.
The ex-gratia relief has been enhanced from Rs 2 lakh to Rs 5 Lakh under SRE(R&R) to NoKs of the J&K Police Personnel/SPOs and CAPFs/Army personnel; from Rs 3 Lakh to Rs 7 Lakh to NoKs of J&K Police Personnel from the Police Welfare Fund (MHA); from Rs 18 Lakh to Rs 33 Lakh to the NoKs of J&K Police Personnel, out of State Resources and grant of additional amount of Rs 12.50 lakh to the NoKs of Special Police Officers (SPOs), out of state resources.