Omar Abdullah Talks Economic Revival for J&K with Nirmala Sitharaman

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Key Points

  • Omar Abdullah met Nirmala Sitharaman to discuss J&K’s financial progress.
  • The goal was to boost local revenue and reduce dependence on the central government.
  • Abdullah highlighted the need for investment in infrastructure, tourism, and agriculture.
  • The meeting came ahead of J&K’s first budget presentation under National Conference leadership.
  • Abdullah also met other national leaders to secure commitments for power and infrastructure projects.

Looma News

Jammu and Kashmir Chief Minister Omar Abdullah met Union Finance Minister Nirmala Sitharaman in New Delhi on Friday to discuss the region’s financial growth. They focused on ways to increase local revenue and reduce the territory’s dependence on central government funds. Abdullah stressed the importance of attracting investments in key sectors like tourism, agriculture, and horticulture to create jobs and boost the economy.

This meeting is especially important as it comes just before the National Conference-led government’s first budget presentation in six years, following the revocation of Jammu and Kashmir’s special status in August 2019. Abdullah, who led his party to a strong win in the recent elections, emphasized the need for better infrastructure and connectivity to make the region more appealing to investors.

Officials described the meeting as “very positive,” with a clear focus on improving Jammu and Kashmir’s financial situation. Since taking office on October 16, Abdullah has been actively meeting with national leaders. He has spoken with Prime Minister Narendra Modi, Defence Minister Rajnath Singh, Home Minister Amit Shah, and others to discuss development projects for the region.

Abdullah also secured key commitments during his talks, including an additional 300 MW of power supply for Jammu and Kashmir before winter and funding for rural bridge construction. His proactive approach shows his commitment to the region’s development and economic self-sufficiency. As Jammu and Kashmir works to shape its economic future, Abdullah’s leadership could be vital in guiding the region toward greater independence and prosperity.

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