April 30, 2016 7:53 PM

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RBI Governor Raghuram Rajan calls on CM Mehbooba Mufti in Jammu

RBI Governor Dr. Raghuram Rajan today called on the Chief Minister Mehbooba Mufti at Jammu. During the meeting, Dr. Rajan stressed on branding of handicraft products by popularizing logos and bringing tour operators, hoteliers and other stakeholders under one platform to aggressively promote J&K as a niche high-end tourist destination. <br/><br/>Asking premier financial institutions to broaden the scope of their business operations, Mehbooba Mufti said banks need to focus on priority sector lending in the state. <br/><br/>She added, these sectors include those particularly targeting tourism, handicraft, handloom, agriculture and allied segments which have a huge potential to generate avenues of employment for youth in J&K. <br/><br/>She said the state's economy needs resuscitation as it has gone through very difficult times in the past few years.

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