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Second Budget session commences in Parliament, FM presents J & K budget

The FM also pointed out the sharp decline in terrorist activity in J&K which will boost tourism, development and investment in the area. “90 percent decrease in ceasefire violations. 98 incidents reported in 2021 as against 937 in 2020,” she said.

Avani Acharya

• 2 min read
Second Budget session commences in Parliament, FM presents J & K budget
Union Finance Minister Nirmala Sitharaman arrives to attend the second part of Budget Session, at Parliament House, in New Delhi, Monday, March 14, 2022. Photographs: Rajeev Bhatt

The second Parliament budget session resumed after a month’s break on Monday, March 14, 2022, in both the Lok Sabha and the Rajya Sabha and will end on April 8, 2022.

Indian Finance Minister Nirmala Sitharaman holds a folder containing Union Budget 2022-23 documents outside the Ministry of Finance prior to presenting it in the parliament house in New Delhi, India, on 01 February 2022. Photograph by Rajeev Bhatt

Finance Minister Nirmala Sitharaman presented a INR 1.42 lakh crore budget for Jammu and Kashmir for 2022-23 in Parliament because the Union Territory currently does not have an elected legislature. She also put forth bills for supplementary demands for grants, and demands for excess grants for the region.

The Lok Sabha approved the budget on the same day without debate, as the government moved a motion to do so, despite facing severe opposition from the house.