Finance Minister Nirmala Sitharaman presented in the Lok Sabha a Rs 1.18 lakh crore budget for Jammu and Kashmir for the year 2023-24 with a thrust on providing housing in rural areas and water tap connections to 18.36 lakh households.
Union Minister of State for Finance Pankaj Chaudhary tabled the budget for the Union territory of Jammu and Kashmir.
The budget assures to double the UT’s GDP within five years and has themes of good governance; strengthening grass-root democracy; promoting sustainable agriculture; facilitating investment and industrial growth; employment generation; accelerated development and inclusive growth; and women empowerment and social inclusion.