Jammu and Kashmir Governor N.N. Vohra Wednesday confirmed that the state is facing a serious financial crisis and needs immediate support of the central government to avert it.
A Raj Bhavan spokesman said after several rounds of personal discussions with the state planning and finance secretaries and consultations with the chief secretary, the governor has addressed a detailed communication to the union finance minister regarding the financial crisis.
"The governor's letter to the finance minister brings up the severe difficulties faced in funding the annual plan (2014-15) and the virtual break-down of the state's financial balance," the spokesman said.
He added that the governor's visit to Delhi is also being initiated for a meeting with the finance minister and seeking his urgent help to enable the state government to tide over the obtaining crisis.
Following the state assembly eletions turning up a hung house, the state has been placed under direct central administration through Governor's rule.
