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Narendra Modi probably to announce Rs One lakh crore development package for J&K

News:

  • Prime Minister Narendra Modi is likely to announce the massive development package for J&K around Eid-ul-Fitr, which falls on July 18 or 19.
  • The PM would announce Rs 70,000 crore or Rs One lakh crore, package either on July 17, when he is invited to a function in Jammu or at BJP’s Eid-Milan gathering in Srinagar, scheduled around July 22.
  • The announcement of this ‘rehabilitation and development plan’ would be a major shot in the arm of the state PDP-BJP government.
  • The package would include a considerable share for 2014 flood victims, who have not been compensated even ten months after the tragedy.

Source:ET

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