Contractors demand whitepaper on fund allocation to JK’s three regions

SRINAGAR: Jammu and Kashmir Contractors Central Coordination Committee (JKCCCC) Saturday asked the government to issue a whitepaper on the “allocation, expenditure, and diversion” of funds to three regions of the state for the past five years.
“Kashmir Valley has not seen any development or any ‘economic wellbeing’ for many years. If this government is serious about working for the welfare of the business community and for uplifting of the state’s economy, it should clear the doubts of the people by showing the expenditure of every single penny for past five years,” General Secretary of JKCCCC, Farooq Ahmad Dar, said in a press statement issued here.
The demand from the contractors is result of the realization that “the successive governments have been discriminating against Kashmir and preferred Jammu for development”.
“Now (that the) government is preparing budget for the next financial year, it should keep the state’s bad economic health into consideration while allocating funds. Government should come up with strong budget for Kashmir, so that its economy is lifted,” Dar said.
Meanwhile, the Committee has hailed the government’s decision to publish a whitepaper on overall health of the state’s economy.
Dar said the contractors have been demanding since long that the whitepaper on the fund allocation under different schemes in three regions of the state be published.
“Government has made a good decision to publish whitepaper about the state’s economic growth and funds’ allocation,”
“For last three years, we have been demanding that a whitepaper highlighting fund allocation and expenditure for various schemes should be made public. The move has come late, but it is still a welcome decision, which will clear doubts among people about funds allocation and expenditure,” he said.