Union Budget 2020: Rs 30,700 crore for J&K, Rs 5,900 crore for Ladakh
Delhi, Feb 1: Presenting the Union Budget for the financial year 2020-21,
Finance Minister Nirmala Sitharaman on Saturday announced an allocation of Rs
30,757 crore for Jammu and Kashmir, and Rs 5,958 crore for Ladakh.
Jammu and Kashmir and Ladakh are now union territories, carved out of the
erstwhile state of Jammu and Kashmir, following the passage of the Jammu and
Kashmir Reorganisation Bill by Parliament in August last year.
in Parliament, Sitharaman said the government is fully committed to supporting
all-round development of the newly-formed union territories.
to finance minister’s announcement, Ladakh MP Jamyang Tsering Namgyal tweeted,
“Continuing the path of development, Hon’ble Finance Minister @nsitharaman ji
announced Rs 5958 cr for our UT Ladakh. Ladakh will surely prosper under the
leadership and vision of our Hon’ble Prime Minister @narendramodi Ji.”
Sitharaman also read out a poem in Kashmiri by celebrated poet Dina Nath Kaul
Nadim. The Opposition, however, raised the issue of Lok Sabha MP and former
chief minister Farooq Abdullah being still in detention. Since August 5, when
the J&K reorganisaton bill was introduced, Abdullah has been in custody and
was slapped with provisions under the PSA (public safety act) since September.
Friday, while addressing a joint session of both the Houses of Parliament,
President Ramnath Kovind had also referred to the government’s intent to invest
in the development of J&K and Ladakh.
said the abrogation of Article 370 and Article 35A paved way for equal
development of the regions and people in Jammu and Kashmir and Ladakh have got
rights on par with the rest of the country.