Home Cover Stories Highlights Of JK Budget 2016-17

Highlights Of JK Budget 2016-17




☆ Drabu announces release of Dearness Allowance(DA) of 6 per cent from January 2016.


☆ Rs 40 crore enmarked for acquisition and development of the new Industrial Estates in the state.


☆ Govt Allocates Rs 1.93 Cr ‘Cost of Investigation’ To 193 Police Stations


☆ Govt Sounds Pro Employees, Says Ad hoc And Casual Recruitment Is A Social Issue


☆ Under New Drug Policy-free drugs will be provided to patients at different health centers


☆ Drabu Asks PSUs To Compete For Business


☆ Govt To Set Up Business Incubators For Young Entrepreneurs


☆ Govt to wave off fee for girl students upto secondary school level.


☆ 207 unelectrified village to get electricity


☆ Tax on aviation fuel raised from 20 to 25%


☆ Govt To Use Idle Funds Parked In More Than 2 Lakh Accounts



☆ “J&K annual budget for 2016-17 is around Rs 65000 crore including Rs20000 capital expenditure”


☆ Four more women police stations will be set up in Pulwama, Kupwara, Kathua and Udhampur”.


☆ Two Wntrepreneur Development Centres in Srinagar and Jammu.”


☆ “10 per cent area in all industrial estates of the State shall be reserved for women entrepreneurs.”


☆ Rs 5 crore “for a dedicated city bus service for women in Srinagar and Jammu cities.”


☆ CDI Testing Laboratories Get Rs 2 Cr


☆ One Time Provision Of Rs 26 Cr For Interest Subvention


☆ Incentives To Local IT Start-Ups


☆ Rs 49.78 Cr For One Time Settlement Of Houseboat Owners


☆ Free 30 Units Power To BPL Domestic Consumers


☆ Govt Earmarks Rs 5 Cr For 50 Listed Heritage Sites This Year


☆ Govt Doubles Budgetary Provision For The SRC


☆ Rs26crore for artisans to clear their liabilities”


☆ Mobilephones, readymade garments to be costlier. VAT increased by 1 percent”


☆ Srinagar, Jammu To Have Standard Food Testing Laboratory