FM tables Rs 1.08 lakh cr budget in Parl; Rs 200 cr.
FM tables Rs 1.08 lakh cr budget in Parl; Rs 200 cr for 20 DDCs, Rs 71.25 cr for 285 BDCs
Jal Shakti, H&UDD, Education, Tourism, R&B get massive hike
Focus on Employment, Socio-Economic Dev, Good Governance, Atmanirbhar Bharat
Rs 200 cr each for Metro Corpns, Smart Cities, Rs 150 cr for Dal, Rs 800 cr for JKBL
Sanjeev Pargal
JAMMU, Mar 17: Finance Minister Nirmala Sitharaman today presented Rs 1.08 lakh crore worth budget for next financial year of 2021-22 for the Union Territory of Jammu and Kashmir in Parliament with focus on Employment, Good Governance, Socio-Economic Development, Infrastructure, Agriculture & Horticulture and Atmanirbhar Bharat. The budget is zero deficit in which economy is expected to grow at 7.5 per cent.
Only new works to get funding
Sanjeev Pargal
JAMMU, Jan 29: Five days after Financial Commissioner (Finance Department) Dr Arun Kumar Mehta proceeded on long leave, the Finance Department today issued an order authorizing release of 50 per cent funds under District Capital Expenditure (CAPEX) of approved Balance Expenditure 2020-21 for new developmental works.
Official sources, however, told the Excelsior that Dr Mehta had approved release of funds before proceeding on leave and, therefore, the Finance Department order has been issued on his name.
As reported exclusively by Excelsior, Dr Mehta, a senior bureaucrat in the rank of Secretary to the Government of India, had proceeded on long leave five days back at a time when the Union Territory Government is busy in giving final touch to annual budget for the financial year of 2021-22.