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Government allocates Rs 35581 crore in Union Budget to Jammu and Kashmir

Last Updated on February 1, 2022 at 3:29 pm

Union budget has been presented by Finance Minister Nirmala Sitharaman in the Parliament on Monday and Jammu and Kashmir gets Rs 35581 crore.

Government of India allocated Rs 35581 crore for Jammu and Kashmir in the Union budget.

According to news agency KNO, Rs 35581 has been allocated to Jammu and Kashmir for the next fiscal in the Union Budget.

Of which, Rs 33923 crore has been allocated to meet revenue deficit gap/ resource gap of UT, Rs 279 crore grants as UT disaster response fund, Rs 273 crore as rehabilitation for Dal—Nageen lake, Rs 130 crore, Rs 476.44 crore grant towards equity contribution for 624 MW Kiru and Rs 500 crore support for capital expenditure.