LG lauds J&K’s interim budget 2024-25

Jammu, Feb 5: Lieutenant Governor Manoj Sinha Monday lauded J&K’s interim budget 2024-25 and thanked Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman.

The Lt Governor tweeted: “Grateful to Hon'ble PM Shri Narendra Modi Ji and Hon'ble FM Smt. Nirmala Sitharaman Ji for J&K's interim Budget 2024-25, which is dedicated to farmers, women, youth, and marginalised sections of society and seeks to strengthen the grassroots democracy in the Union Territory.

“Interim budget highlights the government's commitment to rapid economic growth and it ensures that the growth is socially inclusive and sustainable. It focuses on the fast expansion of the agricultural economy & addresses the issue of regional imbalances and seeks to bridge the rural-urban divide.

“The budget 2024-25 creates an enabling environment for investment & seeks to accelerate industrial growth. The budget will ensure that industries generate more employment, provide support to thrust areas identified for investment and it will encourage a start-up ecosystem in the UT.

“Budget focuses on skill development and employment of Nari Shakti. It seeks to ensure that benefits of rapid economic growth flow equitably to the women in rural and urban areas, SHGs are empowered and women-owned business enterprises are provided access to resources and networks.”