Srinagar, Dec 11: Jammu and Kashmir saw a steady decline in the proportion of Finance Commission grants released to its Rural Local Bodies (RLBs) after 2015–16, with year-wise figures showing a widening gap between allocations and actual fund flow, according to data released by the Union Ministry of Finance.
Under the 14th Finance Commission award period (2015–16 to 2019–20), the Union Government allocated Rs 3,463.73 crore to J&K, but released only Rs 1,857.93 crore — just 54% of the total entitlement.
The year-wise trend shows the decline clearly. In 2015–16, J&K received nearly its full allocation, with Rs 367.72 crore released against Rs 373.96 crore allocated — about 98% of the entitlement.
In 2016–17, Jammu & Kashmir received Rs 474.41 crore against an allocation of Rs 585.73 cror

Greater Kashmir

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