Q. What is the proposed interim budget for Jammu and Kashmir for the fiscal year 2024-25?
Answer:
$14 billion
Notes: India has unveiled an interim budget of $14 billion for Jammu and Kashmir, marking a significant commitment to the region's economic development. The proposed budget of Rs 1.18 lakh crore ($14.16 billion) surpasses IMF's financial aid to Pakistan by 4.72 times, emphasizing India's dedication to the growth and stability of Jammu and Kashmir. This announcement coincided with Pakistan's "Kashmir Solidarity Day," showcasing India's robust financial support for the region.