Centre allocates Rs 42,277.74 cr to J&K UT in Union Budget

J&K Police gets Rs 9,789.42 crores
*Nominal hike of 1.2 pc in allocation from last fiscal
Nishikant Khajuria

JAMMU, July 23: In the Union Budget for 2024-25, presented today by Finance Minister Nirmala Sitharaman in the Lok Sabha, the Centre has allocated Rs 42,277.74 crore to Jammu and Kashmir Union Territory and an additional Rs 9,789 to the J&K Police.

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A nominal hike of 1.2 per cent only has been given to J&K in the budget from the Rs 41,751.44 crore allocated to the Union Territory in the last fiscal.
The grant in aid to the Union Territory Government included allocation of Rs 40,619.3 as Central Assistance to meet the resource gap in Jammu and Kashmir.
The Central assistance includes a sum of Rs 7,900 crore, sanctioned as advance from the Contingency Fund of India that shall stand recouped to the fund after the Demands for Grants for 2024-25 is passed by Parliament and the connected Appropriation Act assented to by the President.
As per the budget document, the Central Government has allocated Rs 279 crore to Jammu and Kashmir as grants towards contribution to the Union Territory Disaster Response Fund to meet the expenditure on account of mitigation of disasters caused due to natural calamities.
Further, the budget has allocated Rs 130 crore to the Union Territory as grants towards the equity contribution for the 624-MW Kiru Hydro Electric Project (HEP), while an amount of Rs 476.44 crore has been granted towards equity for the 800-MW Ratle HEP. The Centre has also allocated Rs 171.23 crore to Jammu and Kashmir as grants for equity contribution for the 540-MW KWR HEP.
Besides, a grant of Rs 500 crore has been provided to meet the expenditure on account of the Jhelum and Tawi Flood Recovery Project (JTFRP).
Centre has allocated Rs 101.77 crore as support for the Union Territory’s capital expenditure to meet the resource-gap funding for infrastructure projects.
In addition to the total budget of Rs 42,277.74 crore, the Centre has also allocated Rs 9,789.42 crore to the Jammu and Kashmir Police, which comes under direct control of the Union Home Ministry.
Under Central Sector Schemes, Rs 300 crores have been allocated to J&K for the Industrial Development, in addition to Rs 100 crores under Industrial Development Scheme 2017 for UTs of J&K and Ladakh.
The Joint Electricity Regulatory Commission, Jammu & Kashmir and Ladakh, has been provided an assistance of Rs 3.94 crores, in addition to Rs 1.60 crores budget provision made under Grant-in-Aid Salaries.
The Institute of High Altitude Medicinal Plant, Bhaderwah has given an assistance of Rs 52 lakh.
Ironically, the budget document shows no provision to Jammu and Kashmir for Special Scholarship Scheme