• About Us
  • Contact Us
  • Our Team
  • Advertise with Us
  • Contributors
  • FAQ
  • Privacy Policy
  • Terms of Service
Friday, October 2, 2026
The Kashmir Horizon
EPAPER
  • HOME
  • Region
  • City News
    • Srinagar
    • Jammu
  • News In Focus
  • Opinion
    • Editorial
    • Ideas
    • My Idea
    • Friday Faith
    • Letter to the Editor
  • Business
  • Sports
  • India
  • World
  • Snapshots
  • ePaper
No Result
View All Result
The Kashmir Horizon
  • HOME
  • Region
  • City News
    • Srinagar
    • Jammu
  • News In Focus
  • Opinion
    • Editorial
    • Ideas
    • My Idea
    • Friday Faith
    • Letter to the Editor
  • Business
  • Sports
  • India
  • World
  • Snapshots
  • ePaper
No Result
View All Result
The Kashmir Horizon
No Result
View All Result
Home Top News

Rajya Sabha passes J&K Budget

Post Art 370 abrogation militancy declined, investment attracted: Union FM Sitharaman

Agencies by Agencies
March 24, 2022
in Top News
A A
Union Budget 2022: 30% tax on digital asset transfer, no change in income tax rules
Share on FacebookShare on TwitterWhatsappTelegramEmail

New Delhi : The Rajya Sabha on Wednesday passed the Jammu and Kashmir Budget 2022-23 and Appropriation Bills with a voice vote. The Bills were then returned to the Lok Sabha.

The Lower House has already passed the J&K Budget 2022-23 on March 14, thus Parliament approved the 1.42 lakh crore Budget for J&K.

Replying to the discussion, Union Finance Minister Nirmala Sitharaman said that the Central government has been creating an environment for the restoration of normalcy and to attract investment in J&K. She said that 24 Members participated in the debate and informed the House that the government is removing barriers to industrial development in J&K and in this connection, 250 laws have been completely repealed, while 137 laws have been amended.

Responding to the query of Congress lawmaker Vivek Tankha who had raised concerns on Tuesday that Kashmiri art and artisans are about to vanish without adequate support, the Finance Minister said, “A new industrial policy, investment proposals will create employment in Jammu and Kashmir. Pashmina shawls, carpet weaving from J&K have been given Geographical Indication (GI) recognition and ample steps have been taken to promote Kashmiri art and artisans.”

Speaking about the security situation in J&K, she said peace and development have been ushered in post Art 370, industrial promotional schemes have been implemented, opening the doors for development in J&K. She added that after the abrogation of Article 370 in J&K, the security situation has also improved and there has been a decline in militancy-related incidents there. “Since 2021, there has been a 33 per cent drop in infiltration and 90 per cent decrease in ceasefire violations along the border. Furthermore, there has been a 61 per cent decline in militancy-related incidents in J&K in 2021,” she said.

Union Ministers informed that a delegation from the Gulf Corporation is visiting J&K on Wednesday for investment and providing employment opportunities to the youths of Jammu and Kashmir. As per the information provided by the Jammu & Kashmir government, 1,41,815 new projects have been taken up in J&K. Sitharaman informed the Upper House that funds amounting to Rs 27,274 crore have been provided for the completion of these developmental projects. “The projects are creating significant employment opportunities for skilled as well as unskilled labourers, engineers, transporters and small businesses, in addition to those engaged in the supply of material, equipment, and tools in the private sector,” she added.

Talking about the health infrastructure, she said that J&K has recorded 100 percent vaccination while two 500-bed Covid hospitals have been set up by the DRDO in Jammu and Srinagar.

Responding to the concerns of some Members that capital expenditure has been reduced under many heads, she said that it was not true. Noting that expenditure creates assets, Sitharaman said that public health has an increase of 282 per cent, disaster management and relief has 390 percent, irrigation and floods 60 percent, agriculture 26 per cent, industry 33 percent, education 18 percent, tourism 10 per cent, and culture has an increase of 18 percent.

Referring to employment opportunities in J&K, she said the new industrial policy of Rs 28,400 crore will generate 4.50 lakh jobs while 4226 investment proposals worth Rs 47,441 crore received so far will create 1,96,945 jobs for the youths of J&K.

The Finance Minister said that over 20,323 posts have been referred to the recruitment agencies. Apart from these, around 1,37,870 youths of J&K have been provided assistance under the self employment schemes programme and they will also generate jobs for their fellow Kashmiris.

Agencies

Agencies

Related Posts

J&K EV Policy 2026 notified, sets six-year roadmap for cleaner mobility: CM Omar

Council of Ministers approves ₹93 crore power infrastructure projects for Srinagar
by K H News Service
October 2, 2026

CM congratulates Minister Satish Sharma, Transport Department for EV Policy-2026 Srinagar :The Jammu and Kashmir Government has notified the J&K...

Read moreDetails

Kashmir Marathon Reflects Youth’s Resolve for a United India : LG Sinha

Kashmir Marathon Reflects Youth’s Resolve for a United India : LG Sinha
by K H News Service
October 2, 2026

• More than 6,000 runners participate in Run for Unity • Calls for discipline, fitness and drug-free youth • J&K...

Read moreDetails

India’s 21st-century work culture rooted in Pro-People, Pro-Active , Good Governance: PM Modi

Thank you Friends! PM Modi thanks youngsters for their positive suggestions
by United News of India
October 2, 2026

PM Celebrates 100 Years of UPSC Trust, Urges Focus on Merit & Speed Says “ Onus On Youth to Drive...

Read moreDetails

Over 4,000 arrested in J&K drug cases since April: DGP Prabhat

DGP Prabhat holds security review meet in Srinagar ahead of 6th anniversary of Art 370 abrogation
by Irfan Yattoo
October 2, 2026

• Police register 3,257 NDPS cases under anti-drug campaign, 288 properties worth Rs 138 crore attached Srinagar: More than 4,000...

Read moreDetails

CM Omar led Govt approves ₹15 Cr restoration of traditional SMVD pilgrimage route

Never promised power rates won’t increase: CM Omar Abdullah on 6.83% electricity hike
by K H News Service
October 2, 2026

Srinagar : Chief Minister Omar Abdullah-led Government has accorded administrative approval for restoration of the traditional Shri Mata Vaishno Devi...

Read moreDetails

J&K moves to build a Multiversity for future-ready education

Dulloo sets deadline for Municipalities to prepare Waste Management Action Plans
by K H News Service
October 2, 2026

CS consults Academics, Officers to workout the framework Srinagar :Chief Secretary, Atal Dulloo, Thursday held a detailed consultation with Vice...

Read moreDetails

About

The publication of “Kashmir Horizon” as an English daily was started with a modest attempt on May 19, 2008.It has been a Himalayan attempt for “The Kashmir Horizon” to survive the challenges posed to journalism in the violence fraught place like Jammu & Kashmir.

MORE

Search in Archive

DIGITAL EDITION

  • About Us
  • Contact Us
  • Our Team
  • Advertise with Us
  • Contributors
  • FAQ
  • Privacy Policy
  • Terms of Service

© The Kashmir Horizon - Designed by Gabfire

No Result
View All Result
  • HOME
  • Region
  • City News
    • Srinagar
    • Jammu
  • News In Focus
  • Opinion
    • Editorial
    • Ideas
    • My Idea
    • Friday Faith
    • Letter to the Editor
  • Business
  • Sports
  • India
  • World
  • Snapshots
  • ePaper

© The Kashmir Horizon - Designed by Gabfire

✕
The Kashmir Horizon

FREE
VIEW