J&K Govt to put in place a mechanism to utilise of Rs 80,000 Cr

Jammu and Kashmir government will soon put in place a mechanism to ensure productive utilization of Rs 80,000 crore for reconstruction plan announced by Prime Minister Narendra Modi.
“Rs 80,000 Crore Reconstruction Plan announced by the Prime Minister would transform J&K’s developmental landscape and a mechanism would be soon put in place to ensure productive utilization of these funds,” the Deputy Chief Minister Nirmal Singh said here.
He said the package is comprehensive and caters to all key developmental sectors.
The Deputy Chief Minister was addressing a mammoth gathering after laying foundation of a modal middle school at Karan Wara Basohli in Kathua district.
The Deputy Chief Minister said that the comprehensive package announced by the Prime Minister would go a long way in accelerating the pace of development in the state as it caters to every sector.
“The onus now lies on us to ensure its full utilization and people should also contribute their bit by actively involving themselves in its implementation,” he added.
Highlighting the importance of the Prime Minister’s package, the Deputy Chief Minister said that an amount of Rs 11,000 crore has been earmarked for upgradation and augmentation of the power sector and the day is not far away when the state would be get 24×7 supply of electricity.
He said the mechanism will accelerate the industrial growth generating more employment opportunities for the local youth besides elevating the socioeconomic profile of the people.
Referring to the development initiatives undertaken in the Kathua district, Singh said that the proposed Delhi- Amritsar-Katra expressway would be getting alignment through this area, besides the Ranjit Sagar Dam would be developed as a Water Sports and tourism hub.
He said the area would also be getting the railway connectivity as the survey would be done soon, and maintained that it has been the endeavor of the government to ensure that the state comes up as one of the model states of the country.

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