Jaitley, who arrived here yesterday for the GST Council meet, had a 45-minute meeting with the chief minister.
"Mehbooba Mufti discussed with the union finance minister the process of funds flow to the state, particularly the Prime Minister's Development Plan, and sought timely and periodic release of funds under the plan," officials said after the meeting.
The chief minister also sought liberal financial assistance, including restructuring of credit facility to business units, for the state and the youth who suffered due to the unrest of last year and floods of 2016, the officials added.
Army Chief General Bipin Rawat was also present at the meeting.
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