The details of the government's policy to attract more investments in Jammu and Kashmir would be available very soon, Finance Minister Nirmala Sitharaman said, listing out the potential the area carries for investors in sectors like tourism, handicrafts, silk, production of saffron and apple. Sitharaman made the comments while responding to a question during an interactive session with investors at the IMF headquarters here on Wednesday.

The event was organized by the Federation of Indian Chambers of Commerce and Industry and US India Strategic and Partnership Forum. We have started working in terms of making sure that the full potential of Jammu and Kashmir from various different aspects (is achieved), she said. The minister listed out the investment possibilities Jammu and Kashmir carries in different sectors like tourism, fine arts, handicrafts, wood work, carpets, silk, production of saffron and apple. I think sooner the details of it (new policy) will be available, she said. India on August 5 scrapped Jammu and Kashmir's special status and bifurcated it into two Union Territories -- Jammu and Kashmir and Ladakh.