Question : Stimulus Package for J&K

(a) whether the Government has created a stimulus package for Jammu and Kashmir to address the economic slump caused by the yearlong lockdown and communication blockade;

(b) if so, the quantum of funds that have been allocated;

(c) the quantum of funds released as on December 31, 2020; and

(d) the quantum of funds utilized as on December 31, 2020?

Answer given by the minister

MINISTER OF STATE IN THE MINISTRY OF HOME AFFAIRS
(SHRI G. KISHAN REDDY)


(a) and (b): The Government of Jammu and Kashmir has approved business revival package of Rs. 1,352.99 Crore on 25th September, 2020.
(c) and (d): An amount of Rs. 434.08 crore was released up to 31st December, 2020, out of which Rs. 250 crore was as Economic Package and Rs. 184.08 crore as COVID-19 Relief. The amount of Rs. 434.08 crore has been fully utilized by 31st December, 2020.

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