Discuses PMDP, seeks restructuring of loans, interest subvention for 2016 affected traders
New Delhi: Jammu and Kashmir Chief Minister Mehbooba Mufti on Tuesday met Home Minister Rajnath Singh and discussed the prevailing situation in the state, an official said.
During the 20-minute meeting, the chief minister briefed the home minister on the security situation in the Valley as well as along the border with Pakistan.
The two leaders also discussed the ongoing peace initiatives being undertaken by the Government of India’s (GoI) representative Dineshwar Sharma, the home ministry official said.
The home ministry had on Monday said it will reimburse all the funds spent by the Jammu and Kashmir government to pay compensation for losses to the victims of cross-border firing.
Later in the evening she met Finance Minister, Arun Jaitley here.
During the meeting, the two leaders discussed in detail the economic issues confronting the State besides the implementation of Rs. One Lakh Crore Prime Minister’s Development Package (PMDP).
Mehbooba Mufti sought timely and expeditious release of funds and reimbursement claims under the package. She also made a case for making special funds available to the State Government to meet the liabilities of left out affected persons of 2014 floods.
The Chief Minister made a demand for swapping high interest loans with soft interest loans to reduce the repaying burden on the State Government. She also pitched for taking care of various liabilities on account of power bills through State bonds of Rs. 3500 crore.
Mehbooba Mufti apprised him about the difficulties being faced by the local traders on account of losses during the unrest of 2016. She sought all help to them to get out this situation including interest subvention and re structuring of their loans. It may be recalled here that the members of the business community back home had made the request with the Chief Minister for the same a number of times and the Chief Minister had assured them to take it up with the Centre.
Jaitely assured the Chief Minister that the New Delhi would take all necessary steps to address the issues raised by the Chief Minister.