Government presents a budget of Rs.1,18,500 crores for Union Territory of Jammu & Kashmir for 2023-24 in Lok Sabha

Daily Current Affairs / Government presents a budget of Rs.1,18,500 crores for Union Territory of Jammu & Kashmir for 2023-24 in Lok Sabha

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Category : Business and economics Published on: March 16 2023

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The Government of India presented a budget of 1 lakh 18 thousand 500 crore rupees for the Union Territory of Jammu and Kashmir for 2023-24 in the Lok Sabha.
It includes developmental expenditure to the tune of 41 thousand 491 crore rupees.
Minister of State for Finance Pankaj Choudhary presented a statement of estimated receipt and expenditure of Jammu and Kashmir for 2023-24 in the House.
This was the fourth consecutive budget of Jammu and Kashmir to be presented in the Parliament.
The budgets of 2020-21, 2021-22, and 2022-23 were also presented in the Parliament in absence of an elected government in the Union Territory.