Rs 30757 Cr grant proposed for JK; FM proposes gas pipeline for UT

LG Sinha lauds Centre for announcing gas project

Srinagar: The central government on Monday proposed Rs 30,757 crore grant for Jammu and Kashmir for the next financial year during the current budget session, presented by the union finance minister Nirmala Sitharaman.

The budget unveiled by Union Finance Minister Nirmala Sitharaman in Lok Sabha reveals that Rs 30757 crore have been allocated as grant for J&K Union Territory for 2021-22.

The allocation for Jammu & Kashmir is same to the amount proposed in the last Union Budget as central grant.

During the presentation of union budget, the finance minister also proposed a gas pipeline project in Jammu and Kashmir.

Lieutenant Governor of Jammu and Kashmir Manoj Sinha lauded the Central Government for announcing the project.

“I thank Prime Minister Narendra Modi and Union Home Minister Amit Shah for announcing a new gas pipeline project for the development of Jammu and Kashmir in Budget 2021. I congratulate Finance Minister Nirmala Sitharamanji for an inclusive and growth-oriented historic budget for Aatmanirbhar Bharat,” Sinha tweeted.

The key announcements in the Union Budget for the power infrastructure sector include the extension of Ujjwala Scheme to cover 1 crore more beneficiaries, the addition of 100 more districts in the next 3 years to the city gas distribution network and setting up of an independent Gas Transport System Operator.

The Finance Minister announced a ₹ 3,05,984 crore electricity distribution reform scheme over 5 years in order to empower electricity distribution companies (discoms). The major features of the scheme include prepaid smart metering, feeder separation and up-gradation system.

Sitharaman also announced the Hydrogen Energy Mission 2021-22 for generating hydrogen from green sources. (KINS)

 

Related Articles