Cover Story Jammu & Kashmir The Lead

J&K gets Rs 30757 crore central grant in budget

Finance Minister announces gas pipeline project for UT

Nasir Azam

Srinagar, Feb 01: The Government of India on Monday proposed Rs 30757 crore in the Union Budget as a central grant for Jammu & Kashmir Union Territory for the next financial year.

The budget unveiled by Union Finance Minister Nirmala Sitharaman in the Lok Sabha reveals that Rs 30757 crore have been allocated as grant for J&K Union Territory for 2021-22.

The allocation for Jammu & Kashmir is same to the amount proposed in the last Union Budget as central grant.

An official told news agency—that there is unlikely an increase in the budget of J&K UT which will be presented by the Union Finance Minister later this month or next month in Lok Sabha.

“Since there has been no enhancement in J&K’s grant, there won’t be any increase in the UT’s budget which will be unveiled in the Parliament for the second consecutive year in absence of Legislative Assembly in the former state,” he said.

In March this year, the Government of India presented budget of Rs one lakh crore for Jammu and Kashmir for 2020-21.

Gas pipeline for J&K

In her budget speech, Finance Minister also announced that a gas pipeline project will be taken up in Union Territory of Jammu & Kashmir.

 

Support Ethical Journalism. Support The Dispatch

The Dispatch is a sincere effort in ethical journalism. Truth, Accuracy, Independence, Fairness, Impartiality, Humanity and Accountability are key elements of our editorial policy. But we are still not able to generate great stories, because we don’t have adequate resources. As more and more media falls into corporate and political control, informed citizens across the world are funding independent journalism initiatives. Here is your chance to support your local media startup and help independent journalism survive. Click the link below to make a payment of your choice and be a stakeholder in public spirited journalism


 

The Dispatch is present across a number of social media platforms. Subscribe to our YouTube channel for exciting videos; join us on Facebook, Intagram and Twitter for quick updates and discussions. We are also available on the Telegram. Follow us on Pinterest for thousands of pictures and graphics. We care to respond to text messages on WhatsApp at 8082480136 [No calls accepted]. To contribute an article or pitch a story idea, write to us at [email protected] |Click to know more about The Dispatch, our standards and policies