Union Budget 2022 | J&K traders, parties unhappy over allocation of ₹35,581 crore for UT
The Hindu
Out of ₹35,581 crores for J&K, ₹33,923 crores have been allocated to meet the revenue deficit and resource gap
Traders and political parties in Jammu and Kashmir on Tuesday described the Centre’s budget announcement of ₹35,581 crores for the Union Territory, on account of its revenue component, as “disappointing” and “far below the expectations”.
Out of ₹35,581 crores for J&K, ₹33,923 crores have been allocated to meet the revenue deficit and resource gap. Besides, ₹279 crores were allocated as grants for disaster response fund, ₹273 crores for rehabilitation of the Dal and Nageen lakes, ₹476.44 crores grant towards equity contribution for the 624 MW Kiru power project and ₹500 crores support for capital expenditure.
More Related News