India Intelligence Report

 

 

 Massive Aid for J&K

  The Prime Minister's Special task force on Jammu and Kashmir (J&K) has proposed a Rs 8,302-crore (USD 1.8 billion) aid package to develop that state and proposed another Rs. 200 crore (USD 43.47 million) to develop a satellite business city satellite business city.
 

 

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The Prime Minister's Special task force on Jammu and Kashmir (J&K) has proposed a Rs 8,302-crore (USD 1.8 billion) aid package to develop that state and proposed another Rs. 200 crore (USD 43.47 million) to develop a satellite business city satellite business city. It has also advised the creation of a Special Investment Zone to attract industry and generate employment in the State.

Furthermore, it has recommended the transfer of the time and cost plagued 390-megawatt (MW) Dulhasti Hydroelectric Project from the National Hydel Power Corporation to the state government so they can implement a lower-cost subsidized power plan.