J&K to seek Rs 26,299 cr worth Central funding during 2015-16

Sanjeev Pargal
JAMMU, Apr 5: Jammu and Kashmir would be seeking Rs 26,299 crores worth grants from the Central Government for current financial year of 2015-16 including Rs 19,698 crores entitled grants and Rs 6601 Other Grants. It would ask for Rs 6000 crores under Centrally Sponsored Schemes this fiscal year as against Rs 4000 crores projected in the last financial year of 2014-15.
Official sources told the Excelsior that the Finance and Planning and Development Departments of Jammu and Kashmir have prepared detailed document for projection before the NITI (National Institution for Transforming India) Aayog and the Union Finance Ministry during upcoming meetings at the bureaucratic and Ministers level for funding under the Central grants for financial year of 2015-16, which has just begin.
The teams of Planning and Development and Finance Departments would start seeking appointments with the NITI Aayog vice chairman and other officials once budget session of the Legislature is over, which would be followed by the meeting of the Ministers with top brass of the Aayog for finalisation of Central funding to the State under various heads.
NITI Aayog, which has replaced the Planning Commission of India, will be dealing with Central funding to the States from current financial year.
According to projections of the Finance and Planning and Development Departments, Jammu and Kashmir would be seeking Rs 6000 crores under the Centrally Sponsored Schemes, which was Rs 2000 crores more than the previous financial year of 2014-15. It, however, would be asking for Rs 600 crores only under the Prime Minister’s Re-construction Plan (PMRP), which was equal to what the State Government had sought in the previous financial year but got only Rs 45 crores.
Sources said the negligible grants under the PMRP last year were attributed to certain changes the Government of India might bring in the PMRP. The Government could wind up the scheme and take up ongoing projects under another scheme, they added but said a decision to this effect was expected to be taken only after discussions start between the State Government representatives and the NITI Aayog.
Under Entitled Grants, the State Government has sought Rs 8088 crores as Share of Central Taxes and Rs 9892 crores as Revenue Deficit Grants. Under SDRF/NDRF, the State would get Rs 229 crores.
Under Security Related Expenditure (SRE), which the Union Home Ministry reimburses to the State, the Government has projected grant of Rs 794 crores. Under the SRE, certain expenditures incurred by the State Government are reimbursed by the MHA.
The State could get Rs 196 crores as Cost Sharing Schemes.
It could get Rs 499 crores as Finance Commission grants for Panchayati Raj Institutions and Urban Local Bodies in the current financial year. The bifurcation of grants has been projected as Rs 374 crores for Panchayati Raj Institutions and Rs 125 crores for the Urban Local Bodies, which were yet to be elected as they had ceased to exist in March 2010 in the absence of elections.
During 2014-15, the State had projected Rs 7300 crores worth Annual Plan, Rs 4000 crores Centrally Sponsored Schemes and Rs 600 crores PMRP totaling Rs 11,900 crores apart from Share of Central Taxes, SDRF/NDRF amount, SRE and grants extended to the State under various other heads, sources said.