Chief minister Mufti Mohammad Sayeed said Rs 80,000 crore package announced by Prime Minister Narendra Modi in Srinagar is wholesome as it takes care of equitable development of all the three regions of the state.
He said this at a press conference attended by deputy chief minister Nirmal Singh, finance minister Haseeb A Drabu and chief secretary BR Sharma.
The chief minister said he takes pride in the performance of his government which has been in power for a little over eight months only. He also said that the 14th Finance Commission award has assured complete financial devolution and every state has got its share in central funds.
“In nine months whatever funds the government has spent on connectivity, health, rural development and education sectors have been in our kitty,” he added.
Mufti Sayeed said it will be for the first time that people will be provided monetary help for reconstruction of their damaged houses and for infrastructure as well as restoration of livelihood for traders and small entrepreneurs.
“A comprehensive plan for protection of the Jhelum at a cost of Rs 1100 crore is part of the development package, besides Rs 2,000 crore that will be spent on restoration of flood-damaged infrastructure,” he said.
The chief minister said for a fully-damaged pucca house, an amount of Rs 3 lakh will be provided while Rs 1.5 lakh will be provided for a fully-damaged kutcha house.
Mufti added that the package announced by Modi is a continuation of what ex-PM AB Vajpayee did when he had announced north-south and east-west corridors to connect national highways.