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N Sitharaman Presents Rs 1.18 Lakh Crore Budget For Jammu And Kashmir

N Sitharaman Presents Rs 1.18 Lakh Crore Budget For Jammu And Kashmir

NDTV
Monday, March 13, 2023 05:07:43 PM UTC

N Sitharaman said Kashmir is likely to be connected to the rest of the country through rail network by the end of 2023 and the government also plans to roll out light metro rail in Jammu and Srinagar during the next financial year.

Finance Minister Nirmala Sitharaman on Monday presented in the Lok Sabha a Rs 1.18 lakh crore budget for Jammu and Kashmir for the year 2023-24 with a thrust on providing housing in rural areas and water tap connections to 18.36 lakh households.

Union Minister of State for Finance Pankaj Chaudhary tabled the budget for the Union territory of Jammu and Kashmir.

The budget assures to double the UT's GDP within five years and has themes of good governance; strengthening grass-root democracy; promoting sustainable agriculture; facilitating investment and industrial growth; employment generation; accelerated development and inclusive growth; and women empowerment and social inclusion.

Ms Sitharaman said Kashmir is likely to be connected to the rest of the country through rail network by the end of 2023 and the government also plans to roll out light metro rail in Jammu and Srinagar during the next financial year.

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