The Finance Ministry's proposal of an interim budget of 14 billion dollars for Jammu and Kashmir emphasized the government's dedication to fostering economic growth and development in the region. Speaking at an event in Kathua, Sinha praised the Interim budget presented by Finance Minister Nirmala Sitharaman for Jammu and Kashmir adding that this is encouraging for the UT. Sinha said, "Efforts are underway to bolster industrial investments on the ground in the Kathua district of Jammu and Kashmir, likening its flourishing development to that of Noida in Uttar Pradesh." "Kathua district is now being equated with Noida of Uttar Pradesh, is investment will reinforce the development and generate employment avenues for the youth", he added. The LG congratulated the IT Services Company, the youth, and residents of Billawar and adjoining areas on the momentous occasion.