New Delhi’s financial packages to JK ‘fail’ to bolster Kashmir economy

The Rs 80000-crore financial package announced by Prime Minister Narendra Modi in Srinagar on November 7 may have gratified the PDP-BJP coalition government in the State, but doesn’t extend any hope about stimulating Kashmir’s own economic strength, experts have opined, citing ‘failure’ of a host of previous such financial packages in Kashmir. The present financial package is the third such economic package announced for J&K since 2002 when the then Prime Minister AtalBihari Vajpayee announced Rs 8687 crore package envisaging 26 projects. According to experts, a major share of the…

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