Rs 59364 crore interim finances for J&K introduced in Parliament

Rs 59364 crore interim finances for J&K introduced in Parliament

Srinagar : Union Finance Minister Nirmala Sitharaman on Monday unveiled Rs 59, 364 crore interim finances for Jammu & Kashmir Union Territory, whereas the finances estimates for the subsequent fiscal are anticipated at Rs 1,18,728 crore.

The finances paperwork out there with information company reveal that the overall receipts in respect of the proposed “Vote on Account” for 2024-25 are estimated at Rs 59,364 crore, excluding the supply for tactics and means advances of Rs 16,568 crore.
These receipts in respect of the proposed “Vote on Account” for 2024-25 embrace Rs. 48,930 crore as income receipts and Rs. 10,434 crore as capital receipts.
In keeping with the paperwork, the overall gross receipts in respect of proposed “Vote on Account” for 2024-25 are estimated at Rs 75,932 crore, together with the supply for tactics and means advances of Rs 16,568 crore.

The Parliament’s approval has been sought just for Rs 75,932 crore, together with the supply for tactics and means advances of Rs 16,568 crore.

The UT’s full finances could be introduced as soon as the brand new authorities is elected within the 2024 normal elections.

In keeping with paperwork in possession of the overall finances estimates for the fiscal 2024-25 are Rs 1,18,728 crore, excluding the supply for tactics and means advances.

The income expenditure is estimated to be Rs. 80,162 crore and capital expenditure to be Rs. 38,566 crore—(KNO)

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