Budget 2024: Rs 42,277 Crore Allocated To Jammu and Kashmir; Additional Rs 9,789 Crore For J-K Police
The Budget 2024 document revealed that Rs 9,789.42 crore has been allocated to the Jammu and Kashmir Police, in addition to the total budget of Rs 42,277.74 crore for the former state.
Funds 2024: The Imperative authorities Tuesday dispensed Rs 42,277.Seventy four crore to Jammu and Kashmir, and an extra amount of Rs 9,789.42 crore to the Jammu and Kashmir Police, inside of the Union Funds for 2024-25.
The allocation seen a nominal amplify of 1.2 percent from the Rs 41,751.Forty four crore given to the erstwhile kingdom inside of the remainder fiscal year.
The Union Funds 2024, by procedure to Finance Minister Nirmala Sitharaman inside of the Lok Sabha on Tuesday, Rs 40,619.3 crore were dispensed as Imperative Reduction to Union Territories to fulfill the purposeful resource gap in Jammu and Kashmir.
As per the funds report, the sum additionally carries an amount of Rs 7,900 crore, sanctioned as enhance from the Contingency Fund of India that shall stand recouped to the fund after the Calls for for Supplies for 2024-25 is surpassed by procedure to Parliament and the related Appropriation Act assented to by procedure to the president.
Moreover, the Centre has dispensed Rs 279 crore to Jammu and Kashmir as presents against contribution to the Union Territory Disaster Response Fund to fulfill the expenditure hence of mitigation of failures caused hence of herbal calamities, the report revealed.
Rs 100 thirty crore has been dispensed to the Union Territory as presents against the fairness contribution for the 624-MW Kiru Hydro Electrical powered Mission (HEP), even as an amount of Rs 476.Forty four crore has been granted against fairness for the 800-MW Ratle HEP, in step with the report.
“Moreover, a supply of Rs five hundred crore has been furnished to fulfill the expenditure as hence of the Jhelum and Tawi Flood Restoration Mission (JTFRP),” it pointed out.
The Centre has additionally dispensed Rs 171.23 crore to Jammu and Kashmir as presents for fairness contribution for the 540-MW KWR HEP, even as Rs one zero one.seventy seven crore has been given as help for the Union Territory’s capital expenditure to fulfill the purposeful resource-gap funding for infrastructure projects, the funds report pointed out.
The report additionally revealed that Rs 9,789.42 crore has been dispensed to the Jammu and Kashmir Police, extra to the whole funds of Rs 42,277.Seventy four crore for the old kingdom.
(With inputs from organizations)
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