In Jammu and Kashmir, tax concessions to the tune of nearly 500 rupee crore given to the industrial sector, have been extended by one year. This was announced by the state Minister for Industries and Commerce S S Slathia today in Jammu. He called upon the youth to venture into the industrial sector to earn a dignified livelihood and said that Entrepreneurs should avail the benefits of Central and State Industrial packages to become partners in the economic development of the self and state.