Srinagar, Feb 01 (KNS): The Union Government has proposed an allocation of Rs 41,000.07 crore for Jammu & Kashmir Union Territory in the Union Budget for the financial year 2025-26.
However, there is no increase in central assistance compared to the previous fiscal year. Of the total allocation, Rs 40,619.30 crore is earmarked as central assistance to help bridge the region's resource gap.Click Here To Follow Our WhatsApp Channel
Additionally, Rs 279 crore is proposed for the Union Territory Disaster Response Fund, and Rs 101.77 crore is allotted for funding infrastructure project resource gaps. The financial assistance for the current fiscal has been revised to Rs 41,000.07 crore, down from Rs 42,277.74 crore. (KNS)