Investors’ summit in Srinagar postponed to 2020 amidst claims of ‘normalcy’ in Kashmir

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The Indian government has decided to postpone the much-publicised global investors’ summit scheduled to be held in October to 2020 due to lack of preparations. The announcement was made by the Jammu and Kashmir government’s Department of Information and Public Relations on Thursday evening.

investors' summit
Nawhata, Downtown Srinagar (Photo: Rifat Jawaid)

“SAC (State Administrative Council) reviews preparations for J&K Investor Summit. Summit rescheduled to 2020 to complete necessary preparations for robust participation of investors. New dates to be finalized in consultation with GoI (Government of India),” said the DIPR on Twitter.



Earlier on Thursday, the members of the Advisory Committee ‘constituted under Section 85 of the Jammu and Kashmir Reorganization Act, 2019’ met Governor Satyapal Malik.



According to the earlier announcement, the three-day global investors’ summit was scheduled to be held in Srinagar from 12 October. The decision to hold the three-day summit was taken by the central government days after it scrapped Article 370 on Jammu and Kashmir and bifurcate the state into two union territories.

The supporters of the government had billed the initiative as a sign of complete normalcy in the valley.

[Read: Rifat Jawaid’s four-part EXCLUSIVE series from Srinagar. Part 1Part 2Part 3 and Part 4]

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