J&K LG calls for focusing on macroeconomic stability, high investment in education and health sectors

The LG was addressing the “Strategic Management Forum Conference on Policy Making and Strategic Planning” at IIM Jammu, aimed at realising the vision of Viksit Bharat by 2047.

J&K LG calls for focusing on macroeconomic stability, high investment in education and health sectors

Photo: SNS

J&K Lieutenant Governor Manoj Sinha on Wednesday stressed the need to focus on macroeconomic stability and high investment in education and health sectors.

The LG was addressing the “Strategic Management Forum Conference on Policy Making and Strategic Planning” at IIM Jammu, aimed at realising the vision of Viksit Bharat by 2047.

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The three-day conference is being organised by the Indian Institute of Management (IIM), Jammu, in collaboration with the Strategic Management Forum (SMF) and the NITI Aayog.

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In his keynote address, the Lieutenant Governor highlighted the challenges and opportunities for India in a rapidly evolving world and the critical role of policymakers and business leaders.

“Digital tools, participatory governance, transparency, accountability, speedy project implementation, and effective public services for the growing population will be key to all-round development,” the Lieutenant Governor said.

He said the core values, principles, and ideals of our forefathers, along with the values of good governance, will guide us in navigating the present challenges to build a prosperous future.

He emphasised that the policies must be formulated in accordance with the needs of the people, industry, trade, and business, and it must be ensured that their voices are heard. There is also a need to maintain the balance between industrial growth and social welfare initiatives, he further said.

The Lieutenant Governor stated that the rapid growth under the leadership of Prime Minister Narendra Modi is unprecedented in Indian history.

“Wherever I go, I see that our great nation is moving towards progress and prosperity. Our manufacturing and services sectors are showing impressive growth, and there is renewed confidence among industry leaders to take on the challenge of the rest of the world. I also see our village industries, handloom, and handicraft sectors competing with the best.”

“The government policies have focused on job creation, support for small businesses, increased public investment, and financial empowerment of the middle class and entrepreneurs, ensuring that the economic progress benefits every citizen,” the Lieutenant Governor said.

“Decentralised governance has brought about significant positive change, and continuous efforts are being made to ensure that policies are not merely on paper but are responsive, morally sound, and action-oriented, thereby shaping the commitment to a people-first approach,” the Lieutenant Governor said.

The Lieutenant Governor underlined the need to boost revenue by tapping into Jammu and Kashmir’s vast but underutilised mining sector. He also called for maximising the hydroelectric power sector, and suggested necessary amendments to the Holistic Agriculture Development Programme (HADP) to ensure it meets evolving economic needs.

The Lieutenant Governor stated that the divisive “insider-outsider” narrative must come to an end. “Those spreading such narratives are creating hurdles in the development process,” he remarked.

The Lieutenant Governor also said that the terrorists hiding in rugged terrains, mountains, and dense forests will be eliminated soon.

The Lieutenant Governor also unveiled the Basohli Painting Exhibition. “Basohli Painting is our priceless artistic heritage, which holds immense value for present and future generations. I commend IIM Jammu and the Indira Gandhi National Centre for the Arts (IGNCA) for the unique initiative,” the Lieutenant Governor said.

Prof. B.S. Sahay, Director, IIM Jammu; RK Chaudhary, Chairman, Joint Electricity Regulatory Commission, J&K and Ladakh; Subash Chandra Meena, Economic Adviser, NITI Aayog; Prof. Arunaditya Sahay, Founding Chairman, Strategic Management Forum (SMF); academicians, policymakers, researchers, industry leaders, artists, and students attended the inaugural session.

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