Will give boost to developmental works FD imposes rider on release of remaining 25 pc funds Sanjeev Pargal JAMMU, Jan 28: The Central Government has decided to release grants for Rural and Urban Local Bodies to pace up developmental works in both rural and urban areas even as the Finance Department today said that balance 25 percent funds under the Capex Budget for the current financial year will be released only after expenditure level rises to 70 percent of the […]
UT likely to propose Rs 1.2 lakh crore budget FM-JK officials meet to discuss new projects, works Sanjeev Pargal JAMMU, Jan 6: The Union Ministries of Finance and Home have sought detailed proposals from the Jammu and Kashmir administration for inclusion in annual budget for the next financial year of 2023-24 which is expected to be present in second half of budget session of Parliament in March. The JK administration is almost ready with the proposals. This will be fourth […]
Akruti Gold Reps to be questioned further Excelsior Correspondent JAMMU, May 20: The Central Bureau of Investigations (CBI) today questioned former Finance Minister Dr Haseeb Drabu and two former Directors of Jammu and Kashmir Bank while a former Executive Director will be grilled later as he was out of Jammu and Kashmir. Questioning took place at the CBI’s Srinagar office, official sources told the Excelsior. Drabu was grilled for four hours along with MA Shahdad and Vikrant Kuthiala, both former […]
Third straight budget of UT in Parl in absence of Assembly Govt hopes nearly Rs one lakh cr allocation will boost development Excelsior Correspondent JAMMU, Mar 13: Finance Minister Nirmala Sitharaman will present annual budget of Jammu and Kashmir in Lok Sabha tomorrow. This will be third straight budget of J&K to be presented in the Parliament in absence of elected Assembly in the Union Territory. Top officials of Jammu and Kashmir especially those affiliated with the Finance Department have […]