Finance Minister presents Rs 1,18,390 crore budget for J&K
New Delhi: The central government has provided special assistance worth Rs 17,000 crore to the Union Territories (UTs), which includes a figure for the Jammu and Kashmir Police (JKP) in the Ministry of Home Affairs (MHA) grants. This special assistance is aimed at boosting economic development and strengthening security infrastructure.
The Union Finance Minister presented a budget of Rs 1,18,390 crore for Jammu and Kashmir in Parliament. The main objective of this budget is to accelerate development projects in the region and encourage investment in various sectors. The budget focuses on key areas such as education, health, infrastructure, and security.
The Finance Minister stated that this budget is designed for the holistic development of Jammu and Kashmir and will increase employment opportunities in the region. He also mentioned that the government aims to promote industries and tourism in the region, which will strengthen the local economy.
According to the Ministry of Home Affairs, the special grant for the Jammu and Kashmir Police is primarily aimed at further strengthening security arrangements in the region. This grant will be used for the purchase of security equipment, police force training, and other security measures.
Experts believe that this initiative by the central government will play a significant role in the development and stability of Jammu and Kashmir. It will not only benefit the local population but also increase investor confidence in the region.
After this announcement by the central government, there is an atmosphere of enthusiasm in various parts of Jammu and Kashmir. Local leaders and citizens have welcomed this step and expressed hope that it will lead to rapid development and improvement in the economic situation in the region.
The Finance Minister concluded by saying that the government is committed to the development of Jammu and Kashmir and more plans will be introduced in the future to ensure prosperity and peace in the region.
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