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Centre presents Rs 112950 crore budget for J&K

Rs 71615 crore revenue expenditure, Rs 41335 for capital expenditure

SO NEWS Desk by SO NEWS Desk
March 14, 2022
in Latest, Top News
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Stacks of coins with the word BUDGET isolated on white background

Stacks of coins with the word BUDGET isolated on white background

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SRINAGAR – Union Finance Minister Nirmala Sitharaman on Monday unveiled Rs 112950 crore budget for Jammu and Kashmir Union Territory for 2022-23 in the Lok Sabha.

As per news agency, of Rs 112950 crore budget estimates, Rs 71615 crore is revenue expenditure and Rs 41335 crore is capital expenditure.

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As per budget documents, the estimates of budget for ongoing fiscal has been revised to Rs 102445 crore from Rs 108621 crore.

This was the third budget of J&K presented in the parliament after August 5, 2019 when Centre read down Article 370 and reorganized the erstwhile state of J&K into two UTs

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