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Centre will invest Rs 30,000 crore in next 3 years for peace, stability and development in J&K: Lt. Governor Manoj Sinha

Jammu
December 23, 2020

In a major push to Development, Peace and Stability in Jammu and Kashmir, the Centre will invest Rs 30,000 crore in the next three years, Lieutenant Governor Manoj Sinha has said.

While speaking Lieutenant Governor Manoj Sinha said that the Centre is ready with a massive economic package to ensure peace, stability and development in the newly created Union Territory.

During the exclusive conversation, Sinha also shed light on the socio economic and political changes being witnessed after the Centre scrapped Article 370 from the erstwhile state and converted it into a Union Territory.

LG Sinha said Jammu Kashmir is not only beautiful from nature�s point of view but the residents of J&K are also extremely talented. Despite the immense potential, the people did not have access to the outside world. However, the winds of change are blowing here and people have started to acknowledge that it is for their betterment.

Replying to a question on terrorism and rampant corruption, L-G Sinha said the budget of Jammu and Kashmir is more than that of other states and from time to time, the Central Government has also given considerable financial help to J&K. But the locals here have not benefitted from it. Due to the lack of industries, locals are heavily dependent on Government jobs for employment. It is regrettable that Jammu and Kashmir could not be developed at the same pace as the rest of the country.