Explanation:

Jammu and Kashmir (J&K) Lieutenant Governor, Manoj Sinha and Union minister Jitendra Singh inaugurated the north India's first Industrial Biotech Park constructed at Ghatti near Kathua in the UT. The Biotech Park will act as hub for incubation of new ideas, to support the agri-entrepreneurs, startups, farmers, scientists and students. Under the new Industrial Development Scheme, Jammu and Kashmir was able to fetch investment of more than Rs 38,800 crore so far.