Interim budget for J&K more than Pakistan's IMF grant
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India has announced an interim Budget of Rs. 1.18 lakh crore for fiscal 2024-25 for the union territory of Jammu and Kashmir. This amount is around 4.5 times more than the amount Pakistan is seeking for its whole nation from the International Monetary Fund (IMF) to tackle its economic crisis. Finance Minister Nirmala Sitharaman presented the interim budget on the day Pakistan observed "Kashmir Solidarity Day." The budget proposal represents India's committment to J&K's economic development.