Home » National » J&K’s GDP has increased in last 4 years due to reforms: L-G

J&K’s GDP has increased in last 4 years due to reforms: L-G

Srinagar, Feb 11 (IANS) Jjin88bet.one&K L-G Manoj Sinha on Sunday said that the GDP of the UT increased from Rs 1.6 lakh crore iak168app.babyn 2018-2019 to Rs 2.64 lakh crore in 2021-2022, during tak168app.clubhe last four years due to the reforms brought by the administration.

During his media interaction on Budget 2024-2025, Sinha ks168app.sitesaid that some people will continue to do politics be it the ric88eservations to SCs or land to the landless.

“Let them do ic88their job and we will do our job,” he said.

Speaking about the vote on account of budget 2024-202ic885 in the Parliament, Sinha said that the economic condition of J&K is much betic88ter than what it was earlier.

“Our administration’s efforts have been to increase capital expenditure and decrease the revenue expenditure. The lr88revenue expenditure of J&K is Rs 80,000 crore as alr88 vast portion goes into salaries of employees while capitallr88 expenditure has recorded a quantum jump of Rs 38,000 crore from Rs 11,000 crore,” Sinha said while addressing a press conference in Jammu.

He lr88said now J&K has fully integrated with the Union of India and there isop88 zero tolerance against terrorism while the Tricolor runs high across Kashmir.

On J&K Bsi88ank, he said that this once Rs 1,200 crore loss institution is running now as a Rs88v 1,300 crore profit institution. HSEXXXXX-VNe hoped the Bank’s profit will touch Rs 1,800 crore this fiscal year.

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Author: jammukashmirfirst

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