JAMMU, FEBRUARY 05: In a commendation of the newly unveiled Interim Budget 2024-25 for Jammu and Kashmir Union Territory (UT), Lieutenant Governor Manoj Sinha expressed gratitude to the Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman.
Taking to Twitter, the Lt Governor conveyed his appreciation, stating, “Grateful to Hon’ble PM Shri Narendra Modi Ji & Hon’ble FM Smt. Nirmala Sitharaman Ji for J&K’s interim Budget 2024-25, which is dedicated to farmers, women, youth, marginalized sections of society, and seeks to strengthen grassroots democracy in the Union Territory.
Interim budget highlights the government’s commitment of rapid economic growth & it ensures that the growth is socially inclusive and sustainable. It focuses on fast expansion of agricultural economy & addresses the issue of regional imbalances & seeks to bridge 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 & it will encourage start-up ecosystem in the UT.
Budget focuses on skill development & employment of Nari Shakti. It seeks to ensure that benefits of rapid economic growth flow equitably to the women in rural & urban areas, SHGs are empowered & women-owned business enterprises are provided access to resources & networks”.