SALIENT FEATURES :
Estimates of Total Receipts (TR) ` 38068 crore.
Estimates of Total Expenditure (TE) also at ` 38068 crore.
Revenue Expenditure (RE) including Security Related Expenditure
(SRE) ` 28690 crore, Capital Expenditure (CAPEX) ` 9378 crore.
Non Plan Revenue Expenditure (NPRE) consumes ` 27096 crore
of which ` 17002 crore on salaries and pension.
A provision of ` 842 crore to disburse third installment of
Pay/Pension revision arrears.
Earmarked provision of 700 crore for DA to employees and
` 75 crore provision in 2013-14 for 10% Employer’s share under
New Pension Scheme introduced from January, 2010.
Provision of 50 crore for clearing statutory liabilities of
corporations reported at over 95 crore.
A provision of 26 crore for meeting cost of VRS/GHS in PSUs.
Annual Plan 2013-14: ` 8000 crore. PMRP at ` 600 crore.
State Share of ` 1000 crore in Plan to access Central funding of
about ` 3500 crore under Centrally Sponsored Schemes and
various flagship schemes.
Plan Revenue Expenditure (PRE) estimated at ` 1564 crore, Plan
Capital Expenditure (PCE) ` 7036 crore excluding CSS.
` 783 crore provision for Urban Local Bodies, Universities and
other autonomous bodies / institutions for supplementing their
revenue expenditure requirements.
` 50 lacs to be provided annually for victim compensation scheme.
Budgetary provision for advertising and publicity to be increased
by ` 4.00 crore.
Plan provision of ` 1579 crore for Social Services and ` 652 crore
for General Services Sectors.
Plan provision ` 2207 crore for Special Area Programmes
including ` 87 crore for Leh, ` 81 crore for Kargil, ` 128 crore for
BADP, ` 62 crore for Tribal Sub – Plan, ` 52 crore under
Rashtriya Shram Vikas Yojana and ` 1741 crore for District Plan.
Plan provision of ` 384 crore for Agriculture and allied activities
including Rural Development.
Plan provision of ` 126 crore for Industries and Minerals, ` 613
crore for Transport, ` 18 crore for Communication and ` 4.6 crore
for Science, Technology and Environment Sectors.
Plan provision of ` 889 crore for Energy Sector.
Plan provision of ` 600 crore under PMRP out of which ` 477
crore for counterpart fund – Asian Development Bank and ` 123
crore for rehabilitation of dwellers of Dal and Nageen Lakes.
Provision of ` 231 crore for devolution to Panchayats.
Panchayats to implement various schemes like MG-NREGA of the
order of more than ` 1300 crore.
Sarpanches to get remuneration of ` 2000/- per month
Panches to get a fee of ` 300/- per sitting subject to monthly
ceiling of ` 600/- per month.
The Government to consider appropriate insurance cover for
elected Panchayat representatives.
Provision of ` 5 crore for housing and ` 9 crore for transit
accommodation of migrants under PMRP.
` 8 crore set apart for migrants’ group mediclaim insurance.
Provision of ` 100 crore for Employment related initiatives
including ` 55 crore as seed capital for SKEWPY and ` 20 crore
for Youth Start-up Loan Scheme.
Pending cases under Old Age Pension Scheme to be covered.
Financial implication around ` 21 crore.
Provision of ` 2 crore under Medical Aid Trust Fund.
The wage rates of daily rated workers to be enhanced to ` 150 per
The Government to explore and participate in insurance cover for
A comprehensive restructuring of Excise and Taxation wing to be
70000 to 80000 posts hoped to be filled in the next few years.
Scheme for financial help to the acid victims to be launched.
Further ` 2 crore contribution to the corpus of Cancer Treatment
and Management Fund.
BPL orphan girls who have passed matriculation to get ` 30,000
for marriage ` 3 crore earmarked for the scheme.
100 new mobile schools to be opened during next year.
Surcharge on the electricity bills in case of delayed payments who
clear their pending bills during current financial year to be waived
As a one time exercise, all the previous energy consumption
accounts of Power Development Department with the consuming
departments to be squared up.
Provision of ` 1.00 crore for giving start to a well designed and
effective and educational campaign against the habits of smoking
and chewing tobacco.
ATTA, MAIDA, SUJI, BESAN, RICE, PADDY outside VAT net
for one more year.
Tax concessions (VAT Remission) to industry extended upto
31.03.2014 or till adoption of new GST regime by our State.
Existing tax exemptions to Tourism sector to continue for another
The rates for government advertisements to be increased by 50%.
Honey exempted from levy of VAT.
VAT on saffron reduced to 5%.
Subsidized small tractors, power tiller and other agricultural
implements and attachments exempted from levy of VAT.
The limit of exemption from stamp duty increased to ` 1.50 lacs
for both Kissan Credit Cards and Artisan Credit Cards.
VAT on cooked food items sold by hotels, restaurants, food joints,
dhabas reduced to 5% from 13.5%.
Import of Jute fabric exempted from the levy of Entry Tax.
Raw Pashmina exempted from VAT.
Stone made idols, havan samagari both packed and loose and
guggal dhoop exempted from the levy of VAT.
VAT on durrets, quilt, blanket covers, table cloth, table covers,
mufflers, bed spreads, pillow case and pillow sleeps to decrease to
VAT rate on CF Lights to be reduced to 5%.
ADDITIONAL RESOURCES MOBILIZATION:
Services provided by Authorized Automobile Service Stations,
Property dealers/Real Estates Agents and Consultants other than
those already included in a service covered by J&K GST Act
brought under service Tax net.
Toll rate to increase by 5 paisa per kilograms in the existing rate of
Toll rate on import of table birds to increase from ` 6.00 per kg to
` 8 per kg.
VAT on cigarettes to increase from 30% to 40%.
Pipe fittings, hand made or machine made washing soap, cables of
all types including industrial cable, ‘Aam Papad’ to be taxed at
uniform rate of 13.5%
VAT system made dealer friendly.
Penalty equivalent to 25% of value of goods in case of an offence
lowered, however, the penalty at the rate of twice of VAT to
The legal heirs of registered dealers not to apply for fresh