J&K in Union Budget 2016-17

KL NEWS NETWORK

Budget

  1. Enhancement of sports facilities in J&K clubbed with physical education grant to NCC and Himalayan regional sports festival Rs 194.13 Crores
  1. Capital outlay granted to NHPC for meeting part of need to fund Nimo Bazgo/Chutak in Ladakh Rs 367 Crores
  1. Security related expenditure Rs 840 Crores
  1. Border Area Development Programme (BADP) Rs 990 Crores
  1. Capital outlay for border infrastructure Rs 2280 Crores
  1. Relief and rehabilitation of migrants and repatriates, Kashmiri migrants clubbed with border migrants, refugees from Sri Lanka, Tibet, West and East Pakistan, North Eastern states and 1984 riot victims Rs 910.28 Crores
  1. A special need-based assistance kept aside with Ministry of Finance which will also finance special needs of J&K, Rs 9000 Crores
  1. Special industrial initiative Rs 70 Crores from Rs 45 Crores
  1. Development of other crafts in J&K Rs 10 Crores
  1. Pashmina wool development programme Rs 15 Crores
  1. Net proceeds to J&K from central tax pool corporation tax Rs 3328 Crores, income tax Rs 2579 Crores, wealth tax Rs 0.10 Crores, custom tax Rs 1658.61 Crores, Excise Rs 1325.18 Crores; Total Rs 8892 Crores
  1. Further, Jammu and Kashmir Light Infantry (JAKLI) has seen a big jump from Rs 966 Crores to Rs 1210.61 Crores.
  1. National Mission on Pilgrimage Rejuvenation and Spiritual Augmentation Rs 100 Crores

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