"Prerequisite for development of any state or country is that a peaceful and secure atmosphere should be there.
"I would like to tell you that there has been significant improvement in security situation in J-K. There is significant decline in level of violence there. Not only this, there is 25 per cent fall of terror incidents," Singh told reporters here.
He said for development there has to be an atmosphere of peace and security, that is "being built by and by in Jammu and Kashmir".
The Centre will also be sending a team of senior officials to help it in formulating further package to help in the development of Jammu and Kashmir.