The monthly revenue of J&K before bifurcation was Rs 1000 crore to 2000 crores, but its annual budget was Rs1 lakh crore.

The annual budget of J&K 2017-18 shows the revenue was estimated to be Rs 11,194 crore whereas the total expenditure was around Rs.1 lakh crore.

The annual budget of J&K 2017-18 shows the revenue was estimated to be Rs 11,194 crore whereas the total expenditure was around Rs.1 lakh crore.The Jammu and Kashmir Legislative Assembly had passed a budge worth Rs 95,666.97 crore for 2018- 19. It comprised a revenue component of Rs 51,244.72 crore and a capital component of Rs 44,422.24 crore. The state's total tax revenue was estimated to be Rs 11,194 crore for the year, while non-tax revenue was 5,761 crores.

Reference links

prsindia

neutral

The Times of India

neutral

Have a question or correction on one of our fact-checks?

If you think a claim has been misjudged or requires correction, please send us evidence to support your error claim. We will revisit our evidence and verdict and conduct additional research to verify new information.

Fact Check of the Day

misleading

397 children were diagnosed with heart inflammation after receiving Pfizer’s COVID-19 vaccine in U.S.