New Delhi- The Centre has allocated Rs 30,757 crore for Jammu and Kashmir in the Budget for 2021-22 presented by Union Finance Minister Nirmala Sitharaman on Monday.
According to the budget, Rs 30,757 crore has been allocated to Jammu and Kashmir and Rs 5,958 crore for Ladakh -- the two newly created Union Territories.
The grant for Jammu and Kashmir is equal to last year's transfers. This means that there is unlikely an increase in Jammu and Kashmir's Budget, likely to be presented later this month in the Parliament.
Finance Minister also announced a gas pipeline project for Jammu and Kashmir.
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