Kolkata, April 26 (IANS): Bharatiya Janata Party (BJP) President Amit Shah on Wednesday said the party will discuss the possibility of a dialogue between the Centre and all stakeholders to bring order to the troubled state of Jammu and Kashmir.

Chief Minister Mehbooba Mufti on Monday said Prime Minister Narendra Modi intended to hold talks in a "conducive atmosphere" with all stakeholders to bring order to the troubled state.

She invoked former Prime Minister Atal Bihari Vajpayee's policy, saying "talks" were the only way to "move forward".

"Mehbooba Mufti has given a statement. Now our party (the team which will decide the policy for Kashmir) will discuss the matter and come to me with their views. Then a decision will be taken," Shah said here when asked whether BJP will initiate a dialogue with stone pelters.

Mehbooba Mufti met Modi in New Delhi on Monday to review the worsening security situation as speculations gained momentum about the possibility of Governor's rule in the state amid allegations that the PDP-BJP coalition government has failed to control law and order in the Kashmir Valley.

Asked about security lapses after a video of school-going students raising Pakistani and Islamic State (IS) terror group flags in Srinagar surfaced, Shah said: "There is nothing like that."

"There is nothing of the sort (security lapse). Action has been taken."