Jammu and Kashmir government to spend Rs 1 lakh crore on development in next 5 years

By: |
Jammu | August 07, 2017 10:09 PM

The Jammu and Kashmir government would spend Rs 1 lakh crore on development works in the next five years, with special emphasis on education and road connectivity, Public Works minister Naeem Akhtar said today.

jammu kashmir govt development projects, minister naeem akhtar j&k developement investment, ramban meeting jammu naeem akhtar on education road connectivityThe Jammu and Kashmir government would spend Rs 1 lakh crore on development works in the next five years, with special emphasis on education and road connectivity, Public Works minister Naeem Akhtar said today. (Source: IE)

The Jammu and Kashmir government would spend Rs 1 lakh crore on development works in the next five years, with special emphasis on education and road connectivity, Public Works minister Naeem Akhtar said today. Speaking at a public meeting in Ramban, Akhtar said equal emphasis would be paid on all the constituencies for the development works. “The state is set to enter an era of unprecedented development as the government is spending Rs 1 lakh crore on roads, buildings and creation of other public assets in the next five years,” said Akhtar. “There is no scarcity of funds on part of the government. New projects are being taken up regularly whereas old ones are being completed with expedited urgency,” he said.

The PWD minister said every constituency would get its due share of development funds and projects. “The major advantage of this huge spending will be its commitment for ensuring equitable development of all regions,” he said. Akhtar also appealed to people to keep an eye on the development projects and report any wrongdoing. “These projects which we are creating is from the public money and for the benefit of local population. Hence it is the concerned people who need to keep an eye on the quality execution of these projects,” he said. “If you find any problem approach me without any delay and we will address the issue,” he added.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1‘For losing deposits?’: RJD supremo Lalu Yadav breaks silence over alliance with Congress
2New twist in Aryan Khan case: Witness claims Rs 26 crore deal; NCB denies pay-off
3Mann Ki Baat Key Highlights: Here’s what PM Modi said in his 82nd edition monthly radio broadcast