Budget
Kashmir  India 

Govt Aims to Create Strong Ecosystem Focusing on Rural-urban Partnership with Rs 7097 CR Funds

Govt Aims to Create Strong Ecosystem Focusing on Rural-urban Partnership with Rs 7097 CR Funds SRINAGAR: The Jammu and Kashmir government has allocated substantial funding of Rs 7097cr in budget 2023-24 to develop a strong ecosystem for the cities, focusing on urban-rural partnership, enhancing market and business opportunities, job creation, filling gaps in the education...
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Kashmir  India  Jammu  Regional News 

Agriculture, Allied Sectors Get Rs 3156 Cr in 2023-24 Budget

Agriculture, Allied Sectors Get Rs 3156 Cr in 2023-24 Budget SRINAGAR: To create enabling environment for transforming J&K agriculture and allied sectors in order to increase farmer income, ensure food security and accelerate UT's economic growth, Rs 3156 crore have been allocated for these vital sectors in the budget for...
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Kashmir  India  Business  Jammu  Regional News 

Latest Budget Fails To Address Unemployment, Poverty Alleviation in J&K: NC

Latest Budget Fails To Address Unemployment, Poverty Alleviation in J&K: NC SRINAGAR: National Conference on Tuesday said the budgetary allocations for J&K for the year 2023-2024 have failed to cater to the needs of people of J&K saying it has nothing substantial for J&K’s trade, industry and commerce. While reacting to the budgetary allocations for J&K, Party's State Spokesperson Imran Nabi Dar said that it's all flamboyance and wordplay. “There is nothing for unemployed youth. No Blueprint on job creation for youth. We have lakhs of unemployed youths in J&K. There was not even a single word about addressing the plight of contractual, daily wagers and need based employees.” “There is no ray of hope for our unemployed and skilled youth. They have been forsaken,’ he added. The budget, Imran said, is the fifth budget in a row which wasn’t passed by the elected legislature of Jammu and Kashmir. “The exercise itself raises a question why entire populaces of nearly 1.40 Cr people continue to remain without a representative Assembly. An elected Assembly could have discussed and ascertained the needs and aspirations of the people of JK before tabling annual budgetary allocations and estimates. It is again for the fifth time that the concerned stakeholders were not consulted before the tabling of the budget,” he said. He said that there is nothing substantial for the horticulture sector of J&K. We expected them to announce a waiver on the KCC loans and bring down the GST rates on packaging items. “Their claims of boosting horticulture and other allied sectors have remained restricted to statements only. No steps have been taken to augment fruit processing infrastructure either.” There is no handholding of artisans, marginal traders, transporters, hawkers, and start-ups, he said, adding that the budget has failed to fulfil the needs and aspirations of all the stakeholders across Jammu and Kashmir. Ruing the failure of the government in upgrading the connectivity of Kashmir with the rest of the country, he said that there is nothing substantial for the up gradation and augmentation of Mughal road, Kishtwar-Sinthan road, Sadna top, and other road projects. (GNS)
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