J&K gets Rs 35,581.44 cr as central assistance in Union Budget

ameya sathaye
By ameya sathaye February 2, 2022 07:37

J&K gets Rs 35,581.44 cr as central assistance in Union Budget


New Delhi, Feb 2 (IANS) The Union Budget on Tuesday allocated Rs 35,581.44 crore to the Union Territory (UT) of Jammu and Kashmir for the financial year 2022-23 as part of the central government’s assistance and grants.

While Jammu and Kashmir has been given Rs 35,581.44 crore for 2022-23, as compared to Rs 34,704.46 crore in the current fiscal, Ladakh has been allotted Rs 5,958 crore, same as the current fiscal.

The bulk of the funds is under central assistance.

The erstwhile state of Jammu and Kashmir was bifurcated on August 5, 2019 into two UTs — Jammu and Kashmir and Ladakh — after the abrogation of Article 370. Both the UTs are currently under central rule.

The Budget has also allocated Rs 273 crore as grants towards rehabilitation of the Dal Nageen lake while Rs 279 crore has been given as grants towards contribution to Disaster Response Fund of J&K.

According to the Budget proposal for the current fiscal, with a hike of 6.98 per cent, the Union Territory of Andaman and Nicobar Islands has been allocated Rs 5,763.65 crore, an increase of Rs 376.24 crore from last year’s Rs 5,387.41 crore.

For Chandigarh, the total allocation is Rs 5,382.79 crore for the 2022-23 fiscal, an increase of Rs 196.67 crore from Rs 5,186.12 crore allotted in the year 2021-22.

The Dadra & Nagar Haveli and Daman & Diu has been allocated Rs 3,781.10 crore, an increase of Rs 217.51 crore (6.10 per cent) from last year’s Rs 3,563.59 crore.

The UT of Lakshadweep has been allotted Rs 1,421.50 crore for FY2022-23.

Delhi has been allocated Rs 1,168 crore, an increase of Rs 210.49 crore from Rs 957.51 crore allotted last year. An additional amount of Rs 200 crore has also been allocated as central assistance for the Chandrawal Water Plant and Rs 10 crore as contribution to the Delhi Disaster Response Fund.

For Puducherry, the total allocation is Rs 1,729.79 crore, same as last year.

ameya sathaye
By ameya sathaye February 2, 2022 07:37