Parliament session: Nirmala Sitharaman will present the budget of Jammu and Kashmir in Lok Sabha today

News Desk, Amar Ujala, New Delhi

Published by: Abhishek Dixit
Updated Mon, 14 Mar 2022 12:54 AM IST

Summary

The second part of the budget session is starting after the results of the assembly elections of five states including Uttar Pradesh are declared.

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The second part of the budget session of Parliament begins on Monday. On the first day, Finance Minister Nirmala Sitharaman will present the budget of Jammu and Kashmir in the Lok Sabha. This will be the third budget after the abrogation of Article 370 and 35A from the state. In the second part, the opposition can surround the government on the historic cut in EPF interest rates and the Ukraine crisis case.

The second part of the budget session is starting after the results of the assembly elections of five states including Uttar Pradesh are declared. The government’s morale is high as it retains power in four states. The dismal performance has left the opposition, especially the Congress, in a quandary.

Union Territory of Jammu and Kashmir’s third budget
The Finance Minister will present the state’s third budget after the formation of a Union Territory, after the Question Hour. Both the earlier budgets were presented on March 17. There may be a slight increase in the budget. This time the budget can be around 1.10 lakh crores as compared to last year’s 1.08 lakh crores. In the budget, emphasis can be laid on infrastructural development in cities and rural areas.

Expansion

The second part of the budget session of Parliament begins on Monday. On the first day, Finance Minister Nirmala Sitharaman will present the budget of Jammu and Kashmir in the Lok Sabha. This will be the third budget after the abrogation of Article 370 and 35A from the state. In the second part, the opposition can surround the government on the historic cut in EPF interest rates and the Ukraine crisis case.

The second part of the budget session is starting after the results of the assembly elections of five states including Uttar Pradesh are declared. The government’s morale is high as it retains power in four states. The dismal performance has left the opposition, especially the Congress, in a quandary.

Union Territory of Jammu and Kashmir’s third budget

The Finance Minister will present the state’s third budget after the formation of a Union Territory, after the Question Hour. Both the earlier budgets were presented on March 17. There may be a slight increase in the budget. This time the budget can be around 1.10 lakh crores as compared to last year’s 1.08 lakh crores. In the budget, emphasis can be laid on infrastructural development in cities and rural areas.