The interim budget brought in kashmir - SRINAGAR/JAMMU' target='_blank' title='jammu and kashmir-Latest Updates, Photos, Videos are a click away, CLICK NOW'>jammu and kashmir for the financial year 2024-25 was very special in many ways. Be it the date of its introduction or the total amount, it is special in both the cases. On monday (February 5, 2024), it was presented in the country's parliament by Union Finance minister Nirmala Sitharaman when "Kashmir Solidarity Day" was being celebrated in pakistan, which is infamous worldwide for terrorism, while the Union Territory. The total amount of the budget is about 4.5 times more than the total loan amount sought by pakistan from the international Monetary Fund (IMF) some time ago. In january 2024, IMF had approved a loan of 700 million rupees to pakistan, while the total amount of its bailout package was 3 billion US dollars. This is the reason why many people said on social media regarding this issue that Pakistan's economy is crawling only on the basis of debt, while india is moving in the direction of development.

What is there in the budget of Jammu and Kashmir?

The interim budget of kashmir - SRINAGAR/JAMMU' target='_blank' title='jammu and kashmir-Latest Updates, Photos, Videos are a click away, CLICK NOW'>jammu and kashmir is Rs 1.18 lakh crore with fiscal deficit estimated at Rs 20,760 crore and gross state domestic product (GSDP) growth of 7.5 percent. According to this budget, capital expenditure for 2024-25 is expected to be Rs 38,566 crore. This is 14.64% of GSDP. At the same time, the revenue receipts for the next financial year are likely to be Rs 97,861 crore.

JK Finance Department said this

Jammu and Kashmir's Finance Department statement said, "The Center has agreed to provide Rs 41,751.44 crore to the Union Territory government in this financial year and Rs 37,277.74 crore in the next financial year. These assistance figures will be reflected in the Central Government's budget for 2023-24. "