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Centre sanctions Rs 80,000 crore development package for J& K
1/22/2020 11:59:09 PM
JAMMU, Jan 22: In a significant development, the Narendra Modi government on Wednesday sanctioned a development package of Rs 80,000 crore for Jammu and Kashmir. The announcement was made by the Ministry of Human Resource Development (MHRD). The Centre’s announcement is likely to give a major boost to the development of various sectors including education, tourism, infrastructure and create job opportunities for thousands of educated but unemployed Kashmiri youths. The development package is also likely to uplift the socio-economic status of the people of the area. It may be recalled that on January 20, Union Minister Piyush Goyal had indicated that at least 25 projects will come up in newly-created Union Territory worth Rs 25,000 crore by March 2021. Describing Jammu and Kashmir as the “jewel” of the nation, he added that the government would come up with an industrial package for the Union Territory, hoping to attract larger investments. The announcement comes at a time when at least 36 Union ministers are visiting Jammu and Kashmir as part of the Centre’s outreach program.
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