"While we will take all the regular precautions with a multi layer security grid, 'yatra attack feared' headlines are a gross exaggeration," Omar wrote on the microblogging site twitter.Com.
The Chief Minister's remark comes in the wake of several high ranking officials, including Union Home Minister Sushilkumar Shinde issuing statements about the Amarnath yatra being on militant radar this year.
Referring to the Unified Headquarters meeting here chaired by him yesterday, Omar said that the security officials told him that the threat perception to the annual pilgrimage has not increased this year.
With less than 10 days left for the start of annual Amarnath Yatra, the Centre and the Jammu and Kashmir government yesterday said there is a terror threat to the nearly two-month-long pilgrimage and that additional security forces are being deployed to provide safety.
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"There is terror threat to Amarnath yatra," Shinde said.
Shinde said the government was taking precautions and sending additional forces to ensure safety and security of all pilgrims visiting the 13,500 feet high Himalayan cave shrine in south Kashmir.
The Army on Monday said it has received inputs that terrorists might try to disrupt the yatra.
The security arrangements for the yatra also came up for a detailed review at the Unified Headquarters meeting chaired by Chief Minister Omar Abdullah in Srinagar.
Last year, an estimated 6.2 lakh pilgrims had a glimpse of the ice stalagmite structure inside the cave which devotees believe symbolises the mythological powers of Lord Shiva.