Finance Ministry clears a police budget proposal to drive transformation of JK Police on modern lines
PTK NEWS MONITORING DESK
Jammu, June 26: Union Finance Ministry has reportedly cleared a proposal ‘to include JK Police budget within the budget grants of the Union Ministry of Home Affairs on the lines of Delhi Police.’
In this regard, the Ministry has sought entire data from the Home Department and the Jammu and Kashmir Police for seamless transition of the JKP budget from UT to the Union budget, reveals media reports.
Wuoting official sources, media reports state that the proposal has been agreed in principle by the Department of Economic Affairs, Union Ministry of Finance. The Union Finance Miniter, Nirmala Sitharaman will include the JKP budget in the current year’s budget likely to be presented in July 22.
Notably, the Finance Minister had taken Vote-on-Account in January-February session of the Parliament ahead of general elections in the country. She will also present full budget of Jammu and Kashmir in July-August session as she had taken Vote-on-Account only for the Union Territory.
Meanwhile, the Finance Department of the Centre has advised the Home Department to complete certain formalities so that the JKP budget is included in the union budget smoothly.
Remarkably, the Central Government decision is seen by expert of close watchers to strengthening and modernization of Jammu and Kashmir Police as it’s budget will go up significantly once the budget is brought under the MHA on the lines of Delhi Police.
“It will help JK Police to further strengthen and modernize itself to meet the challenges of terrorism, radicalization, cyber crime, narcotics, threats from across the border etc,’’ the sources said to media.
“In addition to Revenue/Capex (Capital Expenditure) budget of the Home Department, there is pension component which is paid by the Jammu and Kashmir Bank in advance to the retirees and the Finance Department reimburse the same to J&K Bank on monthly basis. Now after the transition of JKP budget from UT to Union budget, pension part paid to retirees of the Home Department is required to be reimbursed by the MHA instead of the Finance Department,’’ reveals the reports.
