Union Cabinet approves Rs 520 crore package under NRLM for J&K and Ladakh

The Union Cabinet chaired by Prime Minister Narendra Modi has approved a special package of Rs 520 crore for the Union Territories of Jammu and Kashmir and Ladakh under the National Rural Livelihood Mission.
This special package has been approved for a period of five years till the financial year 2023-24.
The Deendayal Antyodaya Yojana-National Rural Livelihood Mission (DAY-NRLM) will ensure sufficient funds to both the Union Territories with the aim to eliminate rural poverty and improved access to financial services.
The decision is in line with Centre’s aim to universalise all centrally sponsored beneficiary-oriented schemes in J&K and Ladakh in a time-bound manner.