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Funds for panchayats

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In the new budget passed by the central government there is the focus on the growth of Jammu and Kashmir and for this purpose special funds have been earmarked for the panchayats and block development councils.

Empowering the grass root democratic set up, Rs 200 crore @ Rs10 crore each has been earmarked as ‘Development Fund’ for 20 DDCs and  Rs 71.25 crore @ Rs 25 lakh each as ‘Development Fund’ for 285 BDCs.

Rs 1206 crore have been provisioned for Equity Component of Kiru and Ratle Power Projects under execution; Rs 200 crore for heritage preservation and development of sufi/religious sites; Rs 373 crore for Dal-Nageen lake Development and Conservation; Rs 120 crore have been earmarked for encouraging use of renewable energy (Solar Energy).

Rs 450 crore have been provisioned for GST reimbursement to ensure timely reimbursement of claims.  Provision of Rs 200 crore has been kept for capitalization of the J&K Bank Ltd. Rs 20 crore for establishment of highway resting places; Rs 400 crore for CRIF roads, Rs 2400 crore for PMGSY roads and Rs 1000 crore for NABARD scheme and Rs 28 crore for maintenance of Mughal Road.

Special provisions have been kept for Women empowerment and welfare of farmers & tribal community with Rs 12 crore under Tajeswini scheme for empowerment of women and full UT share under NRLM to improve livelihood of women in rural areas, besides Rs 3 crore under Women Entrepreneurship Programme implemented by Women Development Corporation.  Rs 100 crore have been provisioned for welfare of tribals which include construction of Tribal Hostels/Milk Villages/ Nomad Shelters/Libraries for Gujjars. Moreover, Rs 40 crore have been provisioned for saturation of Soil Health Cards, Krishi Radio & Krishi Helpline.

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