SAC meet on budget postponed

STATE TIMES NEWS
JAMMU: The meeting of Jammu and Kashmir State Administrative Council (SAC), headed by Governor N.N Vohra, was on Tuesday postponed.
As the political deadlock in Jammu and Kashmir continued over government formation, the SAC meeting was scheduled to consider the budget proposals for the State for the Financial Year 2016-17.
The postponing of the SAC meeting comes a day after Union Finance Minister Arun Jaitley told Parliament that the Centre was willing to walk the extra mile for Jammu and Kashmir. Jaitley said the government stood by its commitment to equitable development of all the three regions of the State- Jammu, Kashmir and Ladakh.
Governor’s rule was imposed in the State a day after the demise of the then Chief Minister Mufti Mohammad Sayeed.
The PDP President Mehbooba Mufti has asked New Delhi to announce State-specific measures, both on the political and economic fronts, ahead of any forward movement by her party on forming the government with the BJP in the State.
The PDP, among other demands, has been seeking return of two power projects from National Hydel Power Corporation (NHPC) to the State.

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