KCCI welcomes FM's assurance on development of J&K regions

Kashmir Chamber of Commerce and Industry (KCCI) today welcomed Finance Minister Arun Jaitley's assurance for equitable development of all three regions of Jammu and Kashmir, saying the Centre should fulfill its commitment made to the state's people in letter and spirit.
"KCCI appreciates and welcomes the express commitment of Finance Minister and the Government of India on the floor of Parliament about the willingness to walk an extra mile to ensure equitable development of all the three regions of Jammu and Kashmir with the implementation of Prime Minister's Economic Package," a spokesperson of KCCI said.
He said after the floods of 2014, the then state government had asked for a much higher package, which included the return of over existing power projects and establishing new ones in order to tap the huge potential for hydroelectric power generation so as to help consistent economic development of the state.

The chamber also asked the finance minister to fulfil the commitment in letter and spirit and recalled his attention to the reduced and comparatively meager quantum of relief package for flood suffers, which has left a large number of deserving flood affected people high and dry, getting no, or very little amount of relief against the huge losses suffered by them in the 2014 deluge.
The chamber also requested the finance minister to revisit the demand for relief package and consider the same in a manner that the suffers get relief enough to rehabilitate and revive their normal activity in all walks of life and sectors of business including handicrafts, agriculture and tourism, the spokesman said.

He said the KCCI expects Jaitley to stand to his own commitment made during his last visit to the valley regarding including Srinagar and Jammu cities in smart cities project.