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flag Jammu and Kashmir transfers over ₹2,500 crore in liabilities to Ladakh, amid budget cuts and parliamentary concerns.

flag Jammu and Kashmir's Chief Minister announced that over ₹2,500 crore in financial liabilities will be transferred to the Union Territory of Ladakh, following the reorganization of Jammu and Kashmir. flag This transfer is part of the asset and liability distribution decided in October 2020. flag Meanwhile, a parliamentary committee raised concerns over the reduced budget allocation for Ladakh, noting decreases in funds and urging the government to address recruitment shortfalls and financial cuts.

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