Mehbooba Mufti hails Centre's J&K financial package

Image
Press Trust of India Srinagar
Last Updated : Nov 07 2015 | 6:22 PM IST
Welcoming the Centre's Rs 80,000-crore package for Jammu and Kashmir today, ruling PDP president Mehbooba Mufti said besides infrastructure rebuilding, the package also includes funds for rehabilitation of victims of last year's devastating deluge.
"The package includes funds for the rehabilitation of flood-affected households, traders and growers who suffered huge economic losses in the devastating deluge of September 2014.
"The announcement by the Prime Minister that Rs 80,000 crore package is not the end but the beginning of a process of rebuilding Jammu and Kashmir's economy is an inspiring gesture which would go a long way in rebuilding people's trust in the democratic institutions," she said.
Mehbooba also hailed the Prime Minister's announcement of carrying forward and consolidating the initiatives of former Prime Minister Atal Bihari Vajpayee for the valley, which he had announced at the same venue in 2003.
The PDP leader complimented the people and her party cadres for turning up in large numbers at Modi's rally here today.
"Even though we didn't get much time to deliver on our promises and have been in the government for only eight months, the overwhelming presence of the people in today's rally has reiterated the fact that they have tremendous faith in the leadership of Mufti Mohammad Sayeed," she said.
Mehbooba noted the people of the state, particularly the youth were looking up towards the present government with great hope and expectations to put up a "responsive political structure, productive economic setup and supportive social fabric in place".
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 07 2015 | 6:22 PM IST

Next Story