capital investment scheme a 'debit trap': Mehbooba
Srinagar, Feb. 10 -- Former J&K chief minister (CM) Mehbooba Mufti on Monday termed SASCI as debit trap and historical betrayal from NC.
PDP legislative party leader on Monday also raised this issue in the Legislative Assembly and tried to explain how this aid in long way prove as highest burden for J&K and said this should be discussed in the House committee.
"Waheed Para today exposed a deeply dangerous move by the J&K government taking money under SASCI in the name of 'aid' when in reality it is a 50-year market loan. If the state fails to repay, our public infrastructure will be mortgaged and handed over to private control," PDP president Mehbooba Mufti wrote on X.
She termed it as a nothing short of putting J&K's future on sale. "This issue must be debated urgently in the assembly because it will shackle coming generations with unbearable debt. If this reckless path continues, whatever little survived after August 5, 2019 disaster , will be auctioned off and the NC government will be solely responsible for this historic betrayal." PDP leader Waheed-ur-Rehman Para on Monday had raised this issue in assembly....
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