JK BUDGET: CM Omar Abdullah unveils Rs 113767 crore budget for J&K

STC NEWS DESK
JAMMU, FEBRUARY 06 (STC): Chief Minister Omar Abdullah on Friday unveiled Rs 113767 crore budget for Jammu & Kashmir Union Territory.
Presenting the budget in the UT Assembly, the CM said,
“The total net budget estimates for the fiscal 2026-27 are Rs 113767 crore excluding the provision for ways and means advances and overdraft. Of which, Rs 80640 crore is revenue expenditure and Rs 33127 crore capital expenditure.”
He announced Rs 90018 crore and Rs 23749 crore as expected revenue receipt & capital receipt respectively under Budget Estimates 2026-27.
He said the own revenues both tax and non-tax are estimated to be Rs 31800 Crore. Besides, the CM said Rs 42752 Crore is to flow as central assistance and Rs 13400 Crore as CSS to Jammu and Kashmir.
(Straight Talk Communications)