"The reports that a unit of military intelligence has financed certain ministers in Jammu and Kashmir has serious implications for the democratic political process," the party Politburo said in a statement here.
It said the central government "should institute a credible enquiry into the matter."
The controversial general, who stepped down as the Army chief in May last year, created a political storm with his statements that ministers in the trouble-torn state had been paid by the army since independence, prompting sharp reaction from ruling National Conference and Congress.