Centre releases Rs 2977 cr for J&K UT, Rs 1275 cr for Ladakh

  • The Central Government has released Rs 2977.31 crore worth grants in favor of J&K.
  • Rs 1275.99 crore for Ladakh to give a fillip to the development projects and other ongoing works besides meeting regular expenditure.
  • This was the first installment of Central funds released by the Government of India for Jammu and Kashmir and Ladakh.
  • It Becomes the Union Territories on October 31 after bifurcation of the erstwhile State of J&K.
  • The Central Government has taken all aspects into account before the release of the funds.

    Also Read: CBI can now register cases in J&K without govt permission

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