Jammu,03-02-2025: Shiv Sena (UBT) Jammu and Kashmir unit chief Manish Sahni has described the lack of announcement of any special package for the industry and unemployed youth in Jammu and Kashmir in the full budget of the third term of the Modi government by Finance Minister Nirmala Sitharaman on Saturday as disappointing.
At the same time, the announcement of the budget of the Jammu-Kashmir Police Force by the Central Government is an indication that the state status of Jammu-Kashmir will not be restored in the near future.
Sahni said that a hollow hue and cry is being made about exemption in income but there is no plan to generate and increase income. He said that when there is no employment, what is the use of exemption in income.
He said that when there is no employment then what is the use of income exemption. Today unemployment is a matter of deep concern , in June 2024, the national unemployment rate was 9.2%, while the unemployment rate in Jammu and Kashmir was 11.8%. At the same time, calling the allocation of Rs 40,619.30 crore to Jammu and Kashmir in the budget as inadequate, he said that Rs 42,277.74 crore was allocated to Jammu and Kashmir for 2024-25, which was later revised to Rs 41,000.07 crore while Rs 41,751.44 crore was allocated in the year 2023-24. Sahni said that politics is also dominating the budget, the Modi government has given a package of 60 thousand crores to Bihar in one go.
The population of India may be close to 1.40 billion, but only 3.19 crore Indians pay income tax. Out of these, the income of about 2 crore people is less than 7 lakhs. That is, they were already getting exemption. The income of only 50-60 lakh people is close to 12 lakhs. That is, the announced tax system is going to benefit about 60 lakh people, but the drum is being beaten in such a way that 84 crore people will benefit. At the same time, the unemployment rate in India in June 2024 is 9.2% while the unemployment rate in Jammu and Kashmir is 11.8%. Sahni said that there is no special provision in the budget to curb unemployment.