JK gets Rs 35,581 crore in annual budget from GoI

Rs 33923 crore to meet resources gap, Rs 273 crore for Dal, Nageen lake

Srinagar: The Government of India has allocated Rs 35,581 crore for Jammu and Kashmir in the annual budget presented by Finance Minister of India Nirmala Sitharaman in the Parliament on Monday.

The amount of Rs 35,581 has been allocated to Jammu and Kashmir for the next fiscal in the budget from the Government of India.

Of which, Rs 33,923 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.

 

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