J&K government welcomes PM's special package, christens it as 'Tameir'

Srinagar: Jammu and Kashmir government has welcomed the Prime Minister’s special package of Rs. 80,000 for the all-round development of the State, christening it as TAMEIR (The Aggregative Macro Economic Infrastructure Rebuilding) plan. 'Tameir' in Urdu  also stands for development and growth. 

Minister for Finance, Haseeb A. Drabu said this package will be in addition to around Rs 35,000 crore being spent on upgradation of Srinagar-Jammu highway. He said it will be also over and above the Rs 30,000 crore normal annual plan assistance for the State. He added the Prime Minister’s special package has five components including humanitarian relief, disaster management, social infrastructure and developmental spending.

In a statement here, he said while around Rs 60,000 crore, out of the package, have been earmarked for new infrastructure projects in the State sector, around Rs 7,000 crore are meant for ongoing projects. He also said Rs 8,000 crore have been earmarked for humanitarian relief including rehabilitation of the flood-affected.

Mr. Drabu said the economic package announced by the Prime Minister is to be spent over next five years and it would not only rejuvenate the flood-hit state economy but create huge job opportunities as well. “The Prime Minister’s assertion that the announcement of Saturday’s package for J&K is only a beginning and much more is going to come to the State to boost its economy and employment opportunities is a commendable gesture towards the people of Jammu and Kashmir”.

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