Puri felicitates Finance Deptt for infrastructure development

Apr 26,2022

Minister for Housing & Urban Affairs, Hardeep Singh Puri today felicitated J&K Finance Department for its contribution in development of infrastructure projects in J&K.

The contribution of Jammu & Kashmir Infrastructure Development Finance Corporation (JKIDFC) was especially recognized for its significant contribution in the development of core infrastructure across the length and breadth of J&K.

It is worth mentioning that last year Finance Department has funded infrastructure projects and more than 50,000 projects have been completed and on the other hand JKIDFC has completed 1300 projects in a span of just two years.

Director General, Budget, M.Y Itoo along with Joint Director, Budget/General Manager, JKIDFC, Shafat Yehya received the award of honour from the Minister representing their department.

Pertinent to mention here that JKIDFC has over last two years funded 2357 projects which costs Rs 2270.079 Cr and has raised loan of Rs 2500 cr to complete all the projects.