Consider the following statements Jammu and Kashmir administration has recently launched the single ...........

Jammu and kashmir Economy

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Consider the following statements:

Jammu and Kashmir administration has recently launched the single-window portal for Jammu and Kashmir with 130 industrial services been made online on the single-window system.
Jammu and Kashmir has become the second UT after Puducherry to be integrated with the national single-window system.

Which of the above statements is/are incorrect?

1 only

2 only

Both

None

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Explanation:

2 only

Expl

Lieutenant Governor of Jammu and Kashmir recently launched the single-window portal for Jammu and Kashmir, making it the first Union territory to be integrated with the national single-window system.

While 130 industrial services have been made online on the single-window system, over 160 more services will be integrated this year.

Terming the system a "historic move" to facilitate investment the Lieutenant Governor said that now global investors can apply for all their business approvals in Jammu and Kashmir through the national single-window system.

The UT administration is linking the Union territory into a web of partnerships with domestic and foreign companies and ensuring global best practices in our regulatory institutions and systems.

In the last one year, since the launch of the new industrial development scheme, policies have evolved to make the Union territory more competitive and lucrative for industries and service enterprises as per the concerned officials.