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Indian Parliament approves J&K's Rs. 1,18,390 crore budget for 2024-25, focusing on infrastructure, agriculture, employment, tourism, and social inclusion.
The Indian Parliament has approved a budget of Rs.
1,18,390 crore ($15.8 billion) for Jammu & Kashmir (J&K) in 2024-25.
The budget includes Rs.
81,486 crore for revenue expenditure and Rs.
36,904 crore for capital expenditure, exceeding pre-actuals by Rs.
30,889 crore.
J&K has been granted a special financial support package of Rs.
17,000 crore from the Central Government to reduce the fiscal deficit to 3.0% in the financial year 2024-25.
The budget aims to address ongoing initiatives for infrastructure development, sustainable agriculture, employment generation, tourism, and social inclusion.
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El Parlamento indio aprueba las Rs de J&K. 1,18.390 millones de coronas para 2024-25, centrándose en infraestructuras, agricultura, empleo, turismo e inclusión social.