The loss in terms of private properties, businesses and infrastructure in the valley is more.

"We have no means at present to arrive at a firm figure," Chief Minister Omar Abdullah said on Friday evening.

Omar said that it was not only public and private property that has been devastated by the floods.

"Crops and horticultural produce have suffered huge losses. The farmers and orchardists have suffered heavy losses," said the J&K Chief Minister.

"I will use all my influence and power to persuade the central government so that loans to farmers under the Kisan Credit Card scheme are waived off," he said on local radio station.

He said that nobody could say how much time it will take to bring the state out of the crisis.

The state government has said that the secretariat will start functioning from September 22.

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