Listing out the potential of Jammu and Kashmir for investorsin sectors like tourism, handicrafts, silk, production of saffron and apple,Finance Minister Nirmala Sitharaman has said the details of the government's policy to attract more investments in the state will be available very soon.Sitharaman's statement came while she was responding to a question during aninteractive session with investors at the IMF headquarters in Washington onWednesday.  “We have started working interms of making sure that the full potential of Jammu and Kashmir from variousdifferent aspects (is achieved),” she said.

The minister listed out the investment possibilities Jammuand Kashmir carries in different sectors like tourism, fine arts, handicrafts,woodwork, carpets, silk, production of saffron and apple.“I think sooner thedetails of it (new policy) will be available,” she said.

India on August 5 scrapped Jammu and Kashmir's specialstatus and bifurcated it into two Union Territories -- Jammu and Kashmir andLadakh.In his address to the nation after revoking the special status given toJammu and Kashmir, Prime Minister Narendra Modi said state companies, as wellas private companies, will be encouraged to create jobs for the local youth inthe region.

“So very many things are all being put together to see howbest a plan can be done,” Sitharaman said.Sooner, some kind of pattern would beworked out between the union home ministry and finance ministry.

“Work is on,” she said while responding to a question from aDubai-based investor who is trying to mobilise funds to invest in Jammu andKashmir.