Srinagar: Finance Minister Arun Jaitley called on the Chief Minister, Mehbooba Mufti here on Thursday.
Mehbooba Mufti discussed with the union Finance Minister the process of fund flow to the State, particularly under the Prime Ministers Developmental Plan (PMDP) and sought timely and periodic release of funds under the plan, said an official spokesman.
The Chief Minister apprised Jaitley of the huge losses suffered by local business units, particularly the ones started by young entrepreneurs, during the unrest of last year and sought restructuring of credit facility to them.
Be Part of Quality Journalism
Quality journalism takes a lot of time, money and hard work to produce and despite all the hardships we still do it. Our reporters and editors are working overtime in Kashmir and beyond to cover what you care about, break big stories, and expose injustices that can change lives. Today more people are reading Kashmir Observer than ever, but only a handful are paying while advertising revenues are falling fast.