The Lok Sabha on Tuesday approved the Budget for the Union Territory of Jammu and Kashmir for 2024-25. The Budget for J&K and relevant appropriation bills were passed by a voice vote.
Replying to the debate on the general budget, Finance Minister Nirmala Sitharaman said the fiscal deficit of the central government is proposed to be brought down to 4.9% of the GDP during 2024-25 and further to below 4.5% by 2025-26.
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