Lieutenant Governor Manoj Sinha hails the Budget 2026-27
JAMMU, FEB 1: Lieutenant Governor, Manoj Sinha today hailed the Budget 2026-27 as pragmatic which he said will prioritize economic acceleration, create future-ready infrastructure, sustain growth momentum, chart path to $5 trillion economy milestone within few years and comprehensive fiscal strategy will balance growth ambition with social welfare. Expressing gratitude to the Hon’ble Prime Minister […]
Govt pegs fiscal deficit a tad lower at 4.3 pc of GDP for FY27
New Delhi, Feb 1 (PTI) Continuing on the path of fiscal consolidation, Finance Minister Nirmala Sitharaman on Sunday pegged fiscal deficit at 4.3 per cent of GDP for the next fiscal as against 4.4 per cent for the financial year ending March 2026. “Government has been delivering on our fiscal commitments consistently without compromising on […]
Govt proposes Rs 5,000 crore allocation for city economic regions
New Delhi, Feb 1 (PTI) Union Finance Minister Nirmala Sitharaman on Sunday announced a major push to strengthen urban growth by focusing on the development of city economic regions (CERs), with a proposed allocation of Rs 5,000 crore per region over five years to implement their plans through a “challenge mode.” Presenting the Union Budget […]
Over Rs 95,000 crore allocated for VB-G RAM G, MGNREGA gets Rs 30,000 crore in Budget
New Delhi, Jan 1 (PTI) As the VB-G RAM G scheme is set to be rolled out, the Centre has allocated Rs 95,692.31 crore for it, while an allocation of Rs 30,000 crore has been made for the MGNREGA. The Viksit Bharat-Guarantee for Rozgar Aajeevika Mission (Grameen) (VB-G RAM G), which promises 125 days of […]
Budget: Sports goods sector gets Rs 500 cr boost; Khelo India allocation remains high
New Delhi, Feb 1 (PTI) The sports goods manufacturing sector emerged as a major beneficiary with a first-time allocation of Rs 500 crore as the Ministry of Youth Affairs and Sports’ allocation was hiked by over Rs 1000 crore in the Union Budget presented by Finance Minister Nirmala Sitharaman here on Sunday. The overall budget […]
Operation to track down 3 holed-up terrorists underway following encounter in Kishtwar
Jammu, Feb 1 (PTI) Security forces on Sunday resumed their cordon and search operation in the snowbound area of Jammu and Kashmir’s Kishtwar district to trace and neutralise three Jaish-e-Mohammad terrorists believed to be hiding in the area following a brief gunbattle. Security has been heightened in adjoining areas, with Village Defence Guards (VDGs) put […]
16th Fin Comm recommends states share in Central taxes at 41 pc for 5 years till 2031
New Delhi, Feb 1 (PTI) The 16th Finance Commission, headed by former Vice-Chairman of the Niti Aayog Arvind Panagariya, has recommended retaining states’ share in Central taxes at 41 per cent for the five-year period beginning April 1, 2026. Finance Minister Nirmala Sitharaman, in her Budget speech, said, “The government has accepted the recommendation of […]
FM announces Rs 20,000-crore carbon capture, utilisation scheme
NEW DELHI, Feb 1 (PTI): Finance Minister Nirmala Sitharaman on Sunday proposed Rs 20,000 crore for a carbon capture and utilisation scheme across sectors, including steel and cement. Presenting the Union Budget for 2026-27, the minister said the government will provide incentives for manufacturing seaplanes in the country as part of efforts to boost tourism. […]
Recommit To Teachings of Equality, Compassion : LG Sinha On Guru Jayanti
Srinagar, Feb 1: Jammu and Kashmir Lieutenant Governor Manoj Sinha on Sunday extended greetings on Guru Ravidas Jayanti, highlighting the saint’s teachings of compassion, equality and social reform. In his message, Sinha said Guru Ravidas Ji “exemplified compassion, unity, equality and human dignity” and devoted his life to the service of humanity. The Lieutenant Governor […]
Union Budget 2026-27: J&K gets Rs 43290 crore, nearly Rs 2000 crore more than current year
Srinagar, Feb 1: Union Finance Minister Nirmala Sitharaman on Sunday proposed Rs 43290.29 crore for Jammu & Kashmir Union Territory in the Union Budget 2026-27, which is nearly Rs 2000 crore more than the allocation for the current year. The Union Finance Ministry has proposed Rs 43290.29 crore in transfers to Jammu & Kashmir for […]