Shows Govt’s economic growth focus: LG

JAMMU, FEBRUARY 05: Lieutenant Governor Manoj Sinha Monday said that the J&K UT’s Interim Budget 2024-25 reflects the Government’s commitment to the rapid economic growth, while expressing gratitude to the Prime Minister NarendraModi and Finance Minister NirmalaSitharaman.

The Lt Governor tweeted: “Grateful to Hon’ble PM ShriNarendraModiJi&Hon’ble FM Smt. NirmalaSitharamanJi for J&K’s interim Budget 2024-25, which is dedicated to farmers, women, youth, marginalized section of society and seeks to strengthen the grass-root democracy in the Union Territory.”

Further it read: “Interim budget highlights the govt’s commitment of rapid economic growth & it ensures that the growth is socially inclusive and sustainable. It focuses on fast expansion of agricultural economy & addresses the issue of regional imbalances & seeks to bridge rural-urban divide.”

LG said that the budget 2024-25 creates an enabling environment for investment & seeks to accelerate industrial growth. “The budget will ensure that industries generate more employment, provide support to thrust areas identified for investment & it will encourage start-up ecosystem in the UT.”

“Budget focuses on skill development & employment of Nari Shakti. It seeks to ensure that benefits of rapid economic growth flow equitably to the women in rural & urban areas, SHGs are empowered & women-owned business enterprises are provided access to resources & networks”.

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