Today in New Delhi, India
Nov 22, 2018-Thursday
New Delhi
  • Humidity
  • Wind

J&K reeling in bankruptcy: Omar

"The overdrafts have reached a whopping Rs 2,700 crore," Opposition National Conference president Omar Abdullah said.

india Updated: Nov 23, 2006 15:47 IST

Opposition National Conference president Omar Abdullah has said that the state government had reached unprecedented financial and economic bankruptcy and was sustaining on the J&K Bank's overdrafts.

"The overdrafts have reached a whopping Rs 2,700 crore," Omar said at a public gathering of the party at Handwara in north Kashmir. The NC chief said that the J&K Bank itself was in an unenviable position.

Critical of the functioning of chief minister Ghulam Nabi Azad-led coalition government in the state, Omar said that most of the developmental projects carried by the government were either incomplete and in their infancy or yet to be taken for execution.

"Azad Sahab is not taken seriously even by his own bureaucracy and officials," he said adding that carrying developmental works on double-shift basis were just for foxing the people.
After Azad assumed power, he had promised acceleration on the developmental works in the state and ordered completion of projects on a double shift basis.

"Not a single work executed on a double shift basis has been completed, particularly in the valley," he said.

Terming former chief minister Mufti Mohammad Sayeed's speech at the United Nations General Assembly not having a single mention of party's much-hyped "self-rule" concept for the resolution of Kashmir dispute, Omar challenged the Peoples Democratic Party patron to present the tape of his speech to the people.

Omar also hinted at early assembly elections and told his party workers to start preparations for the forthcoming polls. The coalition government, which came to power in 2002, would complete its six-year term in 2008.

Pointing at the confession of her staunch political rival and PDP president Mehbooba Mufti to a 'Tehelka' programme that the Srinagar-Muzaffarabad road opening had lost significance with lesser people travelling across the LoC, Omar said, "This was the road for whose opening PDP had taken much credit."

Terming Congress and PDP, birds of a feather, Omar said both parties were trying to befool the people with their "hollow slogans". He also launched a tirade on the separatist and PDP leaders calling for demilitrisation in the state saying that they should lead by an example by returning their brigades of personal security officers (PSOs) to the government before calling for withdrawal of troops.

First Published: Nov 23, 2006 15:47 IST