Thursday; July 21, 2016: Congress leader and former Home Minister P Chidambaram ,suggesting a essential solution to the circumstances in Kashmir, he sponsored restoring grand bargain under which Kashmir had agreed to India by granting a large degree of independence, warning that or else the country will have to pay a heavy price. Chidambaram told Karan Thapar ,"I think their approach is wrong. We have ignored the grand bargain under which Kashmir acceded to India. I think we broke faith, we broke promises and as a result we have paid a heavy price". He further said, “The best solution, according to him, was that New Delhi should give an assurance to the people of Kashmir that the "grand bargain" promised during the time of Kashmir's accession "will be honoured fully".