New Delhi: Union home minister Amit Shah and finance minister Nirmala Sitharaman on Tuesday met representatives of various economic sectors in Jammu and Kashmir to hear their demands and grievances and assured them of investment-boosting initiatives in the coming days and months that would put J&K at par with other states.A key initiative, according to sources, is that around 15,000 hectares of government-owned land in both Jammu and Kashmir regions may be offered to industrialists to set up new facilities that will not only boost economic activity but also generate employment for locals.The interaction, also attended by minister of state for PMO Jitendra Singh , was held at the request of the members of various industry associations and business chambers in the UT of J&K. It comes ahead of impending notification of a domicile policy for the UT as well launch of an attractive industrial policy aimed at bringing into J&K three times the investment by 2024, than what had came over the past 70 years.A government functionary said land plots spread over 15,000 hectares across Jammu region as well as Kashmir region had been identified for outside investors wanting to set up shop in J&K. “Industrialists prefer to buy government land rather than private land to avoid any hassles. While this will also limit transfer of ownership of private land, industrial/corporate houses will automatically be exempt from the domicile condition in case they wish to purchase private land for setting up a unit,” the functionary told TOI.At the meeting with Shah and Sitharaman on Tuesday, J&K representatives from all sectors like trade, tourism, transport, handicrafts, agriculture, horticulture, commerce and industry, are said to have demanded restructuring of loans or waivers to ensure ease of business in J&K. They are said to have sought solutions beyond the RBI guidelines to create incentives for business in J&K.