New Delhi, Feb 1 (IANS): For development works in newly-created Union Territories of Jammu & Kashmir and Ladakh, Union Finance Minister Nirmala Sitharaman has allocated Rs 30,757 crore and Rs 5,958 crore, respectively, for the financial year 2020-21.
In the Lok Sabha, Sitharaman said, "The government is fully committed to supporting the all-round development of the newly-formed Union Territories of J&K and Ladakh. Accordingly, an amount of Rs 30,757 crore has been provided for the financial year 2020-21. An amount of Rs 5,958 crore has been provided for the Union Territory of Ladakh."
After abrogation of Article 370, development in Jammu & Kashmir has been one of the top priorities of the government.
In the Budget speech, the Finance Minister also recited a few lines from a verse of prominent Kashmiri poet Pandit Dinanath Kaul Nadim.