Jammu, Aug 19 (IANS) The Jammu and Kashmir government has constituted a state finance commission to look into planning, allocation of funds for projects and their utilization in the state.
A formal announcement will be made in the legislative assembly in a couple of days.
Official sources said the commission that would also study the future needs of the Jammu, Ladakh and Kashmir regions of the state.
A retired officer of the state government, Mehmood-ur-Rehman, would head the body. He had retired as the financial commissioner, home. The panel will have three members, one each from the three regions.
The institution of a finance commission was part of the Congress manifesto in the 2002 elections. Currently, Congress is leading the multi-party-coalition in the state.