Jammu and Kashmir Elections 2024: Rajnath Singh on Pakistan Bailout Possibilities

Sunday, 29 September 2024, 05:00

Jammu and Kashmir Elections 2024 sees Rajnath Singh stating that India could have provided Pakistan a larger bailout than the IMF if relations were better. Singh emphasized Modi's development package for Jammu and Kashmir. The final phase of the assembly elections is set for October 1, with results expected on October 8.
Financialexpress
Jammu and Kashmir Elections 2024: Rajnath Singh on Pakistan Bailout Possibilities

India’s Potential Bailout for Pakistan Amid Elections

In a recent election rally, Defence Minister Rajnath Singh asserted that Pakistan's strained ties with India have hindered the potential for receiving a more substantial bailout package than what it currently seeks from the IMF.

Modi's Development Package

Singh pointed out that Prime Minister Narendra Modi's development initiative for Jammu and Kashmir, announced during 2014-15, has now amassed Rs 90,000 crore, overshadowing Pakistan's financial needs from international sources.

Historical Perspectives on Neighbors

Referencing former PM Atal Bihari Vajpayee's insightful quote about neighbourly relationships, Singh highlighted the importance of amicable relations. He echoed that stronger ties could have resulted in greater financial assistance for Pakistan.

Pakistan’s Foreign Aid Misuse

  • Singh accused Pakistan of misusing foreign aid for terrorist activities.
  • He noted that investigations increasingly reveal Pakistan’s underlying involvement in supporting terrorism.
  • According to Singh, Pakistan's isolation on a global platform has been marked despite India's overtures for dialogue.

Vision for Kashmir

Singh expressed faith that with initiatives to restore Insaniyat, Jamhooriyat, and Kashmiriyat, Kashmir can reclaim its status as a paradise on earth.

Upcoming Elections

The campaigning for the third phase of the Jammu and Kashmir Assembly elections concludes today, with polling scheduled for October 1 and results to be announced on October 8.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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