Budget 2020: Centre allocates Rs 30, 757 crore for J&K, Rs 5598 crore for Ladakh

The government allocated Rs 30,757 crore for Jammu and Kashmir and Rs 5598 crore for Ladakh for 2020-21 in the Union Budget 2020.

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Finance Minister Nirmala Sitharaman made the allocations for the two union territories while presenting the Budget for the coming fiscal.

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Jammu and Kashmir are under the President's rule at present. Following the abrogation of Article 370 on August 5, 2019, the state of Jammu and Kashmir was converted into a UT. Ladakh, which was part of the state, was formed as a separate UT.