February 2020 News
'Highest-ever' Grant Elates Ladakh1 February 2020
Jammu: The Union Territory (UT) of Ladakh is elated over its highest-ever Budget allocation of Rs 5,958 crore for all-round development in the arid region. The stakeholders believed that the 'highest-ever' allocation would not only bring the decades-long discrimination against the region to an end but also give impetus to all-round development, especially creation of infrastructure, in the region. Earlier, the annual Budget allocation of Ladakh, before it became UT on October 31 last year, under erstwhile J&K state and the central share was around Rs 250-Rs 300 crore only. Reacting to Finance Minister's announcement, the lone Ladakh member of Parliament, Jamyang Tsering Namgyal, tweeted, 'Continuing the path of development, Hon'ble Finance Minister @nsitharaman ji announced Rs 5,958 cr for our UT Ladakh. Ladakh will surely prosper under the leadership and vision of our Hon'ble Prime Minister @narendramodi Ji.' In another tweet, he said, 'People of Ladakh are grateful to the Prime Minister and Union Finance Minister for sanctioning us our first budget. It is a significant step in the development of new Ladakh.' Gyal P Wangyal, chairman and Chief Executive Councillor (CEC) of the Leh Council said, 'Everyone in Ladakh is happy as this is for the first time in the history that we have got such a big budget allocation for the development of the region. Earlier, we used to get a meagre Rs 114 crore, including Rs 56 crore, under the state share to meet the expenses and carry out development, which was just 2 per cent of the J&K budget.' Feroz Ahmad Khan, CEC of Kargil Council, also welcomed the Budget announcement and described it as 'satisfactory'.