Shah ajaz cni
Srinagar, CNI: Jammu and Kashmir Chief Minister Omar Abdullah on Thursday said that the suspension of the Indus Water Treaty (IWT) has created an opportunity to take up two key development projects in the Union Territory.

Speaking to reporters following a meeting with Union Housing and Urban Affairs Minister Manohar Lal Khattar, CM Omar revealed that discussions are ongoing with the Centre regarding the initiation of these projects. He hinted that the projects are likely to fall under the Power and Housing & Urban Affairs ministries, where “progress is being made.”

Although he did not elaborate on the specific nature of the projects, the Chief Minister expressed hope that the current geopolitical climate and the temporary freeze on the treaty could provide the necessary momentum for long-pending initiatives.

Responding to a question about the financial situation of Jammu and Kashmir, CM Omar admitted that the region remains in debt.

“We continue to provide power at concessional rates to domestic, industrial, and commercial consumers. However, there is a considerable gap between the rate at which power is procured and the rate at which it is supplied,” he explained. (CNI)