The J&K government has made a provision of over Rs.1 lakh crore towards the J&K budget in 2020-21, as against Rs.88,911 crore in the previous financial year.
24 March 2020 Current Affairs:The Rajya Sabha approved the Jammu and Kashmir Appropriation Bills 2020 for the budget of Rs. 1 lakh crore for the Union Territory (UT) of Jammu and Kashmir for 2020-21. The bill was passed by the Lok Sabha on 19 March.
Bill:
♦ As per the Jammu & Kashmir Appropriation Bills 2020, only 10% of the funds should be spent for security purposes in the UT, and the remaining should be spent for developmental objectives.
♦ The J&K government has made a provision of over Rs.1 lakh crore towards the J&K's budget in 2020-21, as against Rs.88,911 crore in the previous financial year.
♦ The budget aims to cover the entire UT of J&K under the Centre's flagship health scheme Ayushman Bharat.
Bill:
♦ As per the Jammu & Kashmir Appropriation Bills 2020, only 10% of the funds should be spent for security purposes in the UT, and the remaining should be spent for developmental objectives.
♦ The J&K government has made a provision of over Rs.1 lakh crore towards the J&K's budget in 2020-21, as against Rs.88,911 crore in the previous financial year.
♦ The budget aims to cover the entire UT of J&K under the Centre's flagship health scheme Ayushman Bharat.