March 2018 News
'82,000 Cr PM Package: 3 Years Later J&K Has Received Just '15,000 Cr25 March 2018
Srinagar: Nearly three years after Prime minister Narendra Modi announced the much-hyped Rs 82,452 crore package, J&K has so far received a meagre 18 percent funds of the approved amount which stands at Rs 14, 910 crore. On 7 November 2015, the PM had announced a Rs. 80,000 crore package during a rally here which was also addressed by the then chief minister late Mufti Mohammad Sayeed. The amount was later revised to Rs 82, 452 crore. In his speech, the PM had assured that the funds would not be a constraint 'in building a modern, progressive and prosperous Jammu and Kashmir'. Under the package, 63 projects under state and central heads were sanctioned for funding. But 20 projects are such where not a single penny has been released so far, while 13 have received less than 10 percent of the approved cost amount. For Zojila tunnel out of the approved Rs 9090 crore only Rs 19.81 have been released which amounts to around two percent of the approved cost. Two laning of Srinagar- Shopian- Qazigund road has budget of Rs 1800 crore, GoI has released only Rs 0.82 crore. Projects to be taken under Bharat Mala for a length of about 105 kms were approved at the cost of Rs 2700 crore. Official data shows no amount has been released. Construction of tunnels at Lachulunga and Taglang passes on Manali-Lehsection has an approved budget of Rs 5000 crore. However released amount is zero. Similarly, Rs 3790 crore were approved for strengthening power supply in urban and rural areas, and improving transmission system, only Rs 93.23 crore have been released. For small hydro- preparation of DPRs and implementation of 15 projects by JKEADA, the amount is Rs 1000 crore, not a penny has been spent so far. The package has Rs 29 crore for construction of cold storage facilities and setting up of solar driers, no amount has been released. Interest subvention on assistance for restoration of livelihood for traders and self employed business establishments is Rs 800 crore but the state government has spent only Rs 330 crore. For smart cities mission, Rs 2 crore out of sanctioned Rs 500 crore has been released. Pashima promotion programme had Rs 50 crore, not a penny has been released. About Rs 2000 crore had been sanctioned for AIIMS Kashmir, only Rs 43.24 crore have come. Two laning of Jammu-Aknoor-Poonch had Rs 5100 crore, released amount is only Rs 66 lakh. A senior planning department officer said that the package was to be executed over a period of five years in a phased manner, with annual disbursement depending on the spending capability of the state government and implementing agencies. 'The annual phasing of the plan is based on the absorptive capacity and spending capability of the state government and its implementing agencies,' he said. 'There are various factors which are behind the less spending. Although government of India has sanctioned Rs 27,000 crore but failure at various levels to speed up expenditure is hurting J&K's cause and affecting further release of funds.'