The Government of India has been promising huge financial packages to Jammu and Kashmir in the past and most of such packages were either shelved or they were not completed.
The biggest of packages announced for Jammu and Kashmir was by Prime Minister Narendra Modi in presence of PDP leadership in Srinagar with an announcement of 80000 crore package.
Some of the components of this package were completed and a major portion of the funds released under this package were not utilized. Similarly in the past also many Congress governments at the centre announced huge financial packages for Jammu and Kashmir but most of these packages remained on the paper.
The latest announcement of the package has been done by Jammu and Kashmir Lieutenant Governor (L-G) Manoj Sinha recently when he said that Rs 25,000 crore industrial investments was in the offing and the union territory was going to secure this huge investment after the announcement of a historic industrial policy soon.
This package for the industrial growth would be a litmus test to the administration of Jammu and Kashmir and also for the promises made by Manoj Sinha to the people of Jammu and Kashmir that he means business and he will ensure every promise is kept by the government.
Recently he also started a fresh series of developmental works under back to village programme and started going to many of the villages including some border panchayats in Jammu region.