Srinagar, Mar 26: Lieutenant Governor Manoj Sinha and Chief Minister Omar Abdullah on Thursday expressed gratitude to the Central Government for releasing ₹5,000 crore as additional central assistance to Jammu and Kashmir, stating that the support will strengthen the Union Territory’s fiscal position and accelerate development.
Lieutenant Governor Manoj Sinha thanked Prime Minister Narendra Modi, Union Home Minister Amit Shah and Union Finance Minister Nirmala Sitharaman for the assistance, describing it as a crucial step towards consolidating the fiscal condition of the Union Territory.
In a post on X, the Lieutenant Governor said the additional support would help alleviate budgetary constraints, ensure timely completion of projects and drive economic growth by strengthening infrastructure and creating long-term opportunities for prosperity.
Chief Minister Omar Abdullah also conveyed his heartfelt gratitude to the Government of India, led by Prime Minister Narendra Modi, for extending the financial assistance.
He thanked the Prime Minister, Union Home Minister Amit Shah and Union Finance Minister Nirmala Sitharaman for their continued support and commitment to the development of Jammu and Kashmir.
The Chief Minister said the timely assistance would significantly boost ongoing development initiatives, accelerate key infrastructure projects and enhance public welfare across the Union Territory.
“I express my sincere gratitude to the Hon’ble Prime Minister and the Union Government for this generous support. This Additional Central Assistance will go a long way in addressing the fiscal gap and ensuring that our developmental commitments and welfare programmes are implemented effectively for the benefit of our people,” he said.
He also noted that the assistance comes in response to the request made earlier to bridge the resource shortfall and meet the existing fiscal deficit.
