
The Lok Sabha on Monday approved additional expenditure of ₹2,504.46 crore for the Union Territory of Ladakh, to be transferred to Jammu and Kashmir as part of the apportionment of liabilities between the two UTs following the 2019 reorganisation of the erstwhile State.
The allocation is part of the Finance Ministry’s supplementary demands for grants for 2025–26. Ladakh has been assigned 2% of the total liabilities of the former state, amounting to ₹2,504.46 crore. Additionally, ₹20.14 crore has been sanctioned for the transfer to J&K for the construction of the High Court complex at Jammu.
The Ministry also approved ₹340.15 crore for equity contributions to two major projects: ₹154.81 crore for the 624 MW Kiru hydroelectric project and ₹185.34 crore for the Jhelum Tawi Flood Recovery Project (JTFRP), an externally aided initiative.
Further, ₹148.64 crore has been allocated to strengthen Ladakh’s two Autonomous Hill Development Councils — Leh and Kargil. While the Kargil Council is operational, the Leh Council ceased to exist in October due to delayed elections, with its powers vested in the Deputy Commissioner, Leh.
The apportionment of assets and liabilities between J&K and Ladakh was determined by a three-member committee headed by former Defence Secretary Sanjay Mitra, along with retired IAS officer Arun Goyal and retired ICAS officer Giriraj Prasad Gupta.
The Lok Sabha on Monday approved additional expenditure of ₹2,504.46 crore for the Union Territory of Ladakh, to be transferred to Jammu and Kashmir as part of the apportionment of liabilities between the two UTs following the 2019 reorganisation of the erstwhile State.
The allocation is part of the Finance Ministry’s supplementary demands for grants for 2025–26. Ladakh has been assigned 2% of the total liabilities of the former state, amounting to ₹2,504.46 crore. Additionally, ₹20.14 crore has been sanctioned for the transfer to J&K for the construction of the High Court complex at Jammu.
The Ministry also approved ₹340.15 crore for equity contributions to two major projects: ₹154.81 crore for the 624 MW Kiru hydroelectric project and ₹185.34 crore for the Jhelum Tawi Flood Recovery Project (JTFRP), an externally aided initiative.
Further, ₹148.64 crore has been allocated to strengthen Ladakh’s two Autonomous Hill Development Councils — Leh and Kargil. While the Kargil Council is operational, the Leh Council ceased to exist in October due to delayed elections, with its powers vested in the Deputy Commissioner, Leh.
The apportionment of assets and liabilities between J&K and Ladakh was determined by a three-member committee headed by former Defence Secretary Sanjay Mitra, along with retired IAS officer Arun Goyal and retired ICAS officer Giriraj Prasad Gupta.
© Copyright 2023 brighterkashmir.com All Rights Reserved. Quantum Technologies