Union Finance Minister claims JK economy would be up

By: Musaib Iqbal MK

Srinagar

Union Finance Minister Nirmala Sitharaman claimed that the economy is showing rapid signs of recovery in Jammu and Kashmir and added that it will double in next few years.

She credited the progress and development to the transparent system of administration created during the central rule. She said,

“The development is reaching to all sectors and in a transparent manner”.

She said that the economy of Jammu and Kashmir will be doubled in the next few years as the region is rapidly passing through the development phase.

She also said that the projects which were earlier stalled are being completed and communities deprived of benefits are now being benefited.

All social security schemes introduced by the Centre are reaching the people.

“Had good interactions with women entrepreneurs in Kashmir on Monday, which was very inspiring,” said the Finance Minister.

She said that the development of J&K in every aspect is taking place and the World Bank is pooling through an agency for development of this region.

“We ensure that more public sector banks come in J&K so that a healthy credit outreach can be given,” she added.

With agencies inputs