JK News Today
Jammu, March 17:
Finance Minister Nirmala Sitharaman will present budget of the Union Territory of Jammu and Kashmir in Lok Sabha on Wednesday, for the second year in a row.
Only the Parliament has the authority to present and pass the budget of the UT of J&K in the absence of an elected government .
In fact, the Parliament had passed the budget of J&K in 2019 as well , before the state was bifurcated into the two union territories – that time the state was under President’s rule.
J&K is hoping for a liberal budget for it as a lot many developmental projects have been undertaken in the Union Territory .