PM to take final call on Rs 1.35 lakh-cr financial package soon

The wait for Jammu and Kashmir to get a financial package may end soon and the package could be staggering Rs 1.35 lakh crore. The file is pending with Prime Minister Narendra Modi, who has to take a final call on it.

PM to take final call on Rs 1.35 lakh-cr financial package soonThis package will cater to all needs of the state government, including rehabilitation of flood victims, who have been waiting for the past one year.

Since the PDP and the BJP joined hands to run the coalition government in the state on March 1 this year, they were expecting liberal funding from the Central government to mitigate the problems of the people of the state.

Source told The Tribune that this financial package could prove saviour of this government and the developmental works would get boost and money could be used in education, health, public works, tourism, relief, urban development, roadways and renewable energy sectors.

“The package is almost ready. The PM has to take a final call on it,” said a source.

With J&K observing the first anniversary of the  floods  in the state tomorrow, the government is facing pressure from all quarters to get a package for flood victims.

The J&K High Court also asked the government to explain its position on Rs 44,000 crore package for flood victims.New Delhi so far has not taken any such decision in this regard but sources said the package could be staggering Rs 1.35 lakh crore, which will be an all-time high package for the state. The Opposition  has attacked the government on the proposed package and a strike call has been given for September 7 to mark the failure of the government in failing to get money from the Centre.

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