Finance Minister Arun Jaitley speaks to media after the Cabinet Committee on Security (CCS) meet, chaired by Prime Minister Narendra Modi, to discuss the security situation in Jammu and Kashmir after the attack. "The Most Favoured Nation status to Pakistan stands withdrawn," Jaitley said.
"The Ministry of External Affairs will initiate all possible diplomatic steps to ensure complete isolation of Pakistan from the international community–based on the evidence of having a direct hand in such attacks," he added.
The security forces are taking all possible steps to ensure full security of the people and they will ensure that those who have committed this heinous act are made to pay a heavy cost.
A notification would be issued by the Commerce Ministry withdrawing MFN status.
Mr. Jaitley also announced that the Government would call for an all-party meeting after the Home Minister Rajnath Singh returned from a visit to the Kashmir Valley on Saturday.