Categories: Economy

Rs 1.42 lakh crore budget for Jammu and Kashmir for FY 2022-23, presented by Finance Minister Nirmala Sitharaman

In the Lok Sabha, Finance Minister Nirmala Sitharaman proposed a Rs 1.42 lakh crore budget for the union territory of Jammu and Kashmir for the fiscal year 2022-23, despite opposition pleas for more time to review the plans. Sitharaman also tabled the Union Territory’s additional demands for the fiscal year 2021-22, totaling Rs 18,860.32 crore, and moved a resolution to suspend certain norms to allow the House to take up the debate on the same day.

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KEY POINTS:

  • Manish Tewari of the Congress and N K Premachandran of the RSP both objected to Sitharaman’s motion, claiming that Rule 205 is part of the basic rules of process and cannot be waived.
  • Some rules are beyond the House’s power to change. Tewari, a Congress member from Anandpur Sahib, said that MPs needed more time to consider the government’s budget recommendations for Jammu and Kashmir.
  • The discussion will begin after two hours, according to Minister of State for Parliamentary Affairs Arjun Ram Meghwal.
  • Speaker Om Birla authorised the business for the day during the Business Advisory Committee meeting, according to Rajendra Agarwal, who was in the chair.
  • According to Tewari, the Lok Sabha’s obligation is complicated because it is adopting the responsibility of the Jammu and Kashmir legislature, which should have taken up the issue.The budget papers had not been issued by the government, he stated, advising that the meeting be rescheduled for Tuesday to allow members to read the ideas and offer reasoned objections.
  • The member from Kollam, Premachandran, claimed that the minister had also requested a joint discussion on the budget plans and the supplemental need for funds, which would be against the rules.
  • Sudip Bandyopadhyay, a member of the Trinamool Congress, said the subject was discussed in the Business Advisory Committee, and it was decided that the J-K Budget will be reviewed two hours after the presentation.
Madhavi Gaur

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