Srinagar, Feb. 2 -- The central Government on Saturday proposed allocation of Rs 41000.07 crores to Jammu and Kashmir Union Territory for next financial year, 2025-26.As part of fund transfers for Union Territories, the Union Finance Ministry today proposed an allocation of Rs 41000. 07 crore to Jammu & Kashmir Union Territory in the Union Budget for 2025-26.The budgetary figures show that there has been no increase in central assistance to J&K for the next fiscal in the Union Budget.Of Rs 41000.07 crore allotted to J&K, Rs 40619.30 crore has been kept as central assistance for J&K to bridge its resource gap.According to budget documents, Rs 279 crore have been proposed to be allocated as grants towards contribution to the Union Territory...
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