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Inaugurates institute of Mathematical Sciences, interacts with students, Principals; meets Sadhbhawna returnees Omar describes young generation agents of transformation Asks them to rely on their ability to revolutionize state’s economy Srinagar, July 30: Chief Minister, Omar Abdullah Tuesday impressed upon the youth to rely on their own potential and ability to revolutionize the State’s economy . He asked them to put their talent in use and become agents of socio- economic transformation “How long the State would wait for outside Big Business to invest here. We have to steer our economy on our own terms and conditions and by our own means”, Omar told students at Amar Singh Collage here and added that while his government is continuously endeavouring to rope in outside investors to become partners in economic growth and employment generation in the state, it has focussed to encourage locals in a big way to achieve the cherished goal of industrialisation and entrepreneurship development. Giving replies to the questions in an interaction session with students after inaugurating Institution of Mathematical Sciences in Amar Singh College Complex here this morning, the Chief Minister said that entrepreneurship development in the agriculture and allied sectors, tourism, handicrafts, Information Technology and Science Technology has tremendous promises and a bright future. He asked the youth to come forward with confidence to prove their mettle in this field and play an important role in achieving economic independence and ensuring holistic development. In reply to a question regarding reluctance by investors to venture in Jammu and Kashmir, the Chief Minister said that biggest burden, they consider in this regard, is the unpredictable law and order situation in the state. He said shut downs and incidents like Gool and Budgam, marring the peace and tranquillity, makes them apprehensive in launching business projects in the state particularly in Kashmir valley. He said import of raw material from outside of the state and marketing of finished goods again by exporting these from the state to the outside markets make them hesitant to invest.......................
Posted on: Tue, 30 Jul 2013 11:13:14 +0000

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