Hi @Jeevan ,
Thank you for your interest in the NXP MIMXRT product, I would like to provide service for you.
Your log mentioned the flashdriver have issues.

So, you need to check your new created project flashdriver for the CMSIS DAP:

Please check it, you also can compare it with the SDK demo which is working.
Wish it helps you!
If you still have question about it, please kindly let me know.
Best Regards,
Kerry