ANI
23 Jun 2022, 01:18 GMT+10
New Delhi [India], June 22 (ANI): While India is implementing several new projects in Jammu and Kashmir to meet the demands of the post-Covid economy, Pakistan-occupied Kashmir (PoK) on the other hand has suffered many budgetary cuts with the government favouring corrupt politicians as well as China making inroads into the territory and using the land to fulfill its ambitions.
The federal government in Pakistan has gone out of its way to appease China and is allowing its golden plan of forming a sea route through PoK. Thousands of Chinese engineers and workers are deployed in PoK, reports Asian Lite International.
The PoK also remains an underdeveloped territory due to Islamabad's treatment of it as a centre of terrorism, whereas New Delhi with its policy of development, peace and prosperity has made Jammu and Kashmir into one of the most developed regions in the world.
There is no comparison between PoK's capital city Muzzafarabad with Srinagar or Jammu, the twin capitals of J-K. It's like comparing metropolitan cities of Mumbai and Kolkata to a provincial town in India, reported Asian Lite International.
J-K has four airports, PoK has only 2. There are 35 universities in J-K and in PoK there are only 6. While there are 2812 hospitals in J-K providing free health care to people, only 23 hospitals exist in PoK, and many people die each month due to a lack of basic medical facilities and anti-venom vaccines, reported Asian Lite International.
The condition of roads in PoK is pathetic with people reported to plunge to their deaths on a daily basis into ravines in road accidents, due to a lack of safety infrastructure.
In February this year, Union Finance Minister Nirmala Sitharaman presented a Rs 1.12 lakh crore (USD 13.33 billion) Budget for the Union Territory of Jammu and Kashmir for the year 2022-23. The Budget aims at building the economy and creating jobs in the Himalayan region.
The J-K Budget focuses on education, home, and public health engineering, with power development getting the highest allocations for the financial year 2022-23.
J-K's economy is expected to grow by 7.5 per cent on current prices during 2021-22, reported Asian Lite International.
In J-K, four National Highway projects are expected to be completed in 2022. Ten new road/tunnel projects have been agreed upon by the Ministry of Road Transport and Highways of India under Bharatmala. The world's highest 1315-meter long railway bridge over River Chenab is targeted for completion by September 2022.
Projects under the Prime Minister's Development Package have seen an expenditure of Rs 36,112 crore.
A total of 25 projects have been completed/substantially and another four projects are likely to be completed by the end of the current financial year.
On the other hand, the annual budget of PoK in 2021-22 was 141 billion Pakistan rupees which is just over 78.55 million US dollars.
Recently PoK's Finance Minister Abdul Majid Khan stated that the federal government slashed PoK's development budget by Rs 5.2 billion, which Khan said, could lead to severe financial system disbalance.
The federal government in Pakistan was supposed to provide Rs 49.9 billion to PoK as its 3.64 per cent share in the federal taxes pool (variable grant) but that too has been slashed by Rs 4.4 billion.
The PoK ministers are of the opinion that the federal government's decision to slash the budget allocations could affect PoK's financial system beyond control and make the region poorer.
Denizens of PoK are suffering silently as they are not allowed to raise their voice. The media is controlled by the government to ensure that human rights violations by the armed forces and terrorists aren't reported. (ANI)
Get a daily dose of Japan Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Japan Herald.
More InformationTAIPEI, Taiwan: The American Chamber of Commerce in Taiwan has recommended that the United States "urgently" initiate talks with Taiwan ...
BEIJING, China: Amidst warmer-than-normal weather, power consumption surged in the Chinese provinces north of the Yangtze river, with regions such ...
PHNOM PENH, Cambodia: Cambodian villagers on the Mekong River have caught a stingray fish weighing 661 pounds, which is the ...
HONG KONG: Impacted by strict quarantine rules that caused a 98 percent drop in passengers, executives from Hong Kong carrier ...
TOKYO Ruling that the country's ban on same-sex marriages does not violate the constitution, a Japanese court rejected a demand ...
WASHINGTON, D.C.: U.S. President Joe Biden has said that he is planning to speak with Chinese President Xi Jinping soon, ...
TOKYO, Japan: Amidst semiconductor shortages and COVID-19 parts supply disruptions, Toyota has reduced its July global production target by 50,000 ...
NEW YORK CITY, New York: Electric vehicle (EV) sales could reach 33 percent globally by 2028, and 54 percent by ...
BERLIN, Germany: To prevent large increases in food prices, officials from G7 countries, including Germany and the UK, will push ...
WASHINGTON D.C.: The U.S. Food and Drug Administration (FDA) is preparing to order Juul Labs to stop selling its e-cigarettes ...
WASHINGTON D.C.: As average home prices surged to a record high, reaching the $400,000 mark for the first time, and ...
MOSCOW, Russia: Russia's consumer price index has fallen by 0.12 percent for the third consecutive week.This drop in the consumer ...