The Jammu & Kashmir government was honoured as a “Top Achiever” at the Udyog Samagam 2025 in New Delhi, in recognition of its outstanding performance under the Business Reforms Action Plan (BRAP) 2024. The award highlights the union territory’s commitment to creating a business-friendly environment and promoting investor confidence.
Reform-Driven Recognition
The award was presented to Vikramjit Singh, Commissioner Secretary of the Industries & Commerce Department, by Union Commerce and Industry Minister Piyush Goyal. BRAP 2024 assessed all states and union territories across 25 reform areas and 434 reform points, incorporating feedback from over 5.8 lakh businesses and more than 1.3 lakh detailed interviews.
Jammu & Kashmir secured the 5th rank among all states and UTs, achieving top scores in four out of five key reform categories—a performance that earned it the “Top Achiever” distinction.
Key Achievements
The recognition reflects J&K’s dedication to streamlining business processes and improving transparency. Key reform highlights include:
- Regulatory Efficiency: Simplified licensing and approval mechanisms, reducing bureaucratic delays.
- Feedback-Driven Governance: Reforms designed based on extensive stakeholder engagement.
- Institutional Strengthening: Systems to facilitate business setup, operations, and scaling efficiently.
These efforts are part of a larger push to create a more transparent, efficient, and investor-friendly business environment in the region.
Strategic Implications
The award carries several long-term benefits for Jammu & Kashmir:
- Enhanced Investment Appeal: Positions J&K as a preferred destination for new businesses and industries.
- Economic Growth Momentum: Encourages growth in sectors such as tourism, manufacturing, and technology.
- Model for Other Regions: Sets a benchmark for other union territories looking to implement successful business reforms.
Being recognised as a Top Achiever at Udyog Samagam 2025 marks a significant milestone for Jammu & Kashmir. By achieving high scores across multiple reform areas, the union territory has demonstrated its readiness to compete on a national stage, attract investment, and strengthen industrial growth. The award reinforces J&K’s evolving image as a proactive, reform-oriented region committed to facilitating business and fostering economic development.
