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Home Co-op News Snippets

J&K: Cabinet approves extension of PM’s Spl package

Staff Reporter by Staff Reporter
December 12, 2019
in Co-op News Snippets
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The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi gave its approval for extension of timeline upto 31.03.2022 and revision of approved components of Prime Minister’s Development Package for development of Horticulture in the UTs of Jammu & Kashmir and Ladakh.

CCEA approved to extend the timeline for implementation of PMDP approved in 2016 beyond 31st March 2019 by 3 years i.e. up to 31st March 2022. It revalidated unspent amount of Rs. 59.07 crore remaining with undivided State of Jammu & Kashmir.

The implementation of PMDP in the UTs of Jammu & Kashmir and Ladakh Region, is expected to generate an estimated 44 lakh mandays employment and will also result in employment in allied sectors.

PM’s special package for J&K for Rs.500 crore with Rs. 450 crore Gol Share towards restoration of damaged horticulture areas and development of horticulture in the State of Jammu & Kashmir was approved in 2016 for implementation over a period of three years upto 31.03.2019.

However, due to time consuming process for import of planting material and quarantine issues, the implementation of PMDP was delayed and the State of J&K requested for extension of time-line for implementation and also revision/ re-appropriation in the components of the approved Action Plan.

Tags: CCEAcooperativeJammujammu and kashmirKashmirPMDPUT
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