The INS News
No Result
View All Result
  • Home
  • News
    • Regional
    • Srinagar
    • Jammu
    • National
    • World
  • Business & Economy
  • Multimedia
    • Photo Gallery
    • Video Gallery
  • Health
  • Jobs & Careers
  • Press Releases
  • Blog
  • Home
  • News
    • Regional
    • Srinagar
    • Jammu
    • National
    • World
  • Business & Economy
  • Multimedia
    • Photo Gallery
    • Video Gallery
  • Health
  • Jobs & Careers
  • Press Releases
  • Blog
No Result
View All Result
The INS News
No Result
View All Result
Home News Regional

Budget 2022-2023 projects GDP growth of 7.5%, LG Manoj Sinha says J&K all set to become power surplus in 4 years

Old age homes in all districts, tablets for 8000 meritorious tribal students among other initiatives 

Online Desk by Online Desk
March 25, 2022
A A
APSCC urges LG to conduct audit of Gurdwara Prabhandak Committee’s
Share on FacebookShare on TwitterWhatsappTelegramEmail

By Sohail Khan

RELATED POSTS

SSP Srinagar chairs Thana Diwas cum Lok Darbar at Anchar, Soura

Terrorism will never succeed in Kashmir: Farooq Abdullah

Fresh snowfall forces suspension of traffic on Mughal Road, Sgr-Leh highway

 

 

Jammu: Jammu and Kashmir’s Lieutenant Governor Manoj Sinha Friday said that Jammu and Kashmir is all set to become power surplus in coming four years. He said that the budget announced for the Union Territory is aimed at bringing peace and prosperity to J&K with real development on ground.

 

“Since 1947, all successive regimes could generate only 3450 MWs of power and we are on the path of generating the same amount of power in the next four years only to make J&K a power surplus UT,” he said, while addressing a presser in Jammu.

On March 17, the Union Finance Minister Nirmala Sitharaman announced Rs 1.42 lakh crore J&K budget for year 2022-23 that will cover all sections and sectors.

Buy JNews
ADVERTISEMENT

Sinha said that the Horticulture and tourism will be of prime focus.

The budget 2022-2023 reflects the needs and aspirations of the people of Jammu and Kashmir with immediate goal to accelerate the pace of economic development and make it multi dimensional.

The budget is primarily a growth oriented budget and in line with the endeavors of the UT Government to double it’s economy in the next few years.

“Tourism has been the backbone of J&K’s economy and we will once again ensure that the tourism sector reaches the same height where it was a few decades ago,” the LG told reporters.

According to the highlights of the budget the GDP for the year 22-23 has been projected at Rs 203716 Cr which shows a growth of 7.5%.

The focus areas in the budget are Good governance, Deepening grass root democracy, accelerating development and inclusive growth, facilitating investment business and industrial development, infrastructure development for improving quality of life, employment, youth initiatives and women empowerment and broadening social inclusion.

The initiatives for the good governance 2022-2023 also include E audit to be introduced with strengthening of virtual inspection system and E offices to be introduced in all offices.

“World’s highest rail bridge in Chenab Valley will connect Kashmir with Kanyakumari,” Sinha said, adding that the Power Department will install six lakh smart metres in Srinagar and Jammu cities with three lakh in each district.

The budget hughlights document says that 1500 villages are being taken under ‘One beat guard one village’ for greening of lands outside forests.

1.35 crore plantations are targetted for the year 2022-2023 and a non motorable walk way is proposed around Wular Lake.

The document says that around 20000 chinar trees will also be planted.

It also says that old age homes shall be constructed in all the districts of the UT Jammu and Kashmir, while 8000 meritorious tribal students shall be given tablets.

 

 

Previous Post

Night Temp Falls Across J&K, Mercury Settles Below Sub-Zero In Pahalgam, Gulmarg

Next Post

27 Employees found absent in Government offices at Shopian

Online Desk

Online Desk

Related Posts

SSP Srinagar chairs Thana Diwas cum Lok Darbar at Anchar, Soura
Regional

SSP Srinagar chairs Thana Diwas cum Lok Darbar at Anchar, Soura

November 13, 2026
Cabinet expansion after LG returns to Kashmir: Dr Farooq
Regional

Terrorism will never succeed in Kashmir: Farooq Abdullah

November 12, 2026
Mughal road reopens for traffic after two days
Regional

Fresh snowfall forces suspension of traffic on Mughal Road, Sgr-Leh highway

November 12, 2026
LG Sinha inaugurates Veshow Festival in Kulgam
Regional

LG Sinha inaugurates Veshow Festival in Kulgam

November 11, 2026
Youth, women farmers should be at centre of every programme in agriculture, allied sector: LG
Regional

Youth, women farmers should be at centre of every programme in agriculture, allied sector: LG

November 11, 2026
Pulwama Gunfight: One militant killed, operation underway
Regional

3 CRPF personnel injured in terrorist attack in Kulgam’s Akhran, one critical

November 11, 2026
Next Post

27 Employees found absent in Government offices at Shopian

3 IAS officers attached to H&ME for assisting in Coronavirus mitigation efforts in J&K

J&K Reports 11 Fresh Covid-19 Cases, No Death




Bloody June: 42 persons lose life in Kashmir

Iran threatens to ramp up Uranium to Nuclear weapon level

August 22, 2017
No direction issued by Waqf Board, Imams will decide themselves, no Govt role: Darakhshan Andrabi

No direction issued by Waqf Board, Imams will decide themselves, no Govt role: Darakhshan Andrabi

October 13, 2026
Unidentified militant killed in Uri encounter: Police

Day 02: Rajouri gunfight continues, LeT militant killed

November 23, 2023

About

Indian News Service (INS) is the first registered online news portal from the state of Jammu & Kashmir. Our creative team consists of like-minded and socially concerned team of media professionals who carry decades of experience in their field of profession at their back. Our core values have pillars in honesty, empathy, credibility, equality and integrity.

More

© 2022 INS News - Designed by GITS.

No Result
View All Result
  • Home
  • News
    • Regional
    • Srinagar
    • Jammu
    • National
    • World
  • Business & Economy
  • Multimedia
    • Photo Gallery
    • Video Gallery
  • Health
  • Jobs & Careers
  • Press Releases
  • Blog

© 2022 INS News - Designed by GITS.