JAMMU — The Jammu and Kashmir Legislative Assembly on Tuesday passed the budget for 2025-26 with a voice vote, approving the appropriation bill to enable the government to utilise Rs 1.40 lakh crore from the Union Territory’s consolidated fund for the upcoming fiscal. The appropriation bill is crucial as it allows the government to withdraw […]
SRINAGAR — Jammu and Kashmir People’s Conference (PC) President and Handwara MLA, Sajad Lone, launched a sharp critique of the recently presented state Budget, calling it a “politically motivated exercise” that lacks financial viability, a statement by the PC said on Tuesday. Speaking in the Assembly, Lone asserted that Budget formulation is a strategic and […]
SRINAGAR — The Kashmir Chamber of Commerce and Industry (KCCI) said many of its recommendations have been incorporated in the Budget, which aligns with aspirations of the business community in Jammu and Kashmir. Chief Minister Omar Abdullah on Friday presented the first budget of the Union Territory with an outlay of Rs 1.12 lakh crore, […]
JAMMU — Jammu and Kashmir Chief Minister Omar Abdullah on Friday said he would never present the Budget again while observing Ramzan fast. Abdullah said this was the first budget of the J&K Assembly after 2018 and his first Budget as the finance minister. He presented the Budget in the Assembly and spoke without stopping […]
JAMMU — Jammu and Kashmir’s first budget in seven years, presented on Friday by Chief Minister Omar Abdullah with an outlay of Rs 1.12 lakh crore, unveiled a series of welfare and development initiatives for the Union Territory during financial year 2025-26, reflecting “people’s aspirations”. The budget emphasises inclusive growth, fiscal prudence, and strategic investments […]
SRINAGAR — Opposition parties in Kashmir criticised the budget presented by Chief Minister Omar Abdullah on Friday, with the PDP saying it exposed the gap between the ruling National Conference’s promises and the reality of their governance, while the BJP terming it a “complete failure.” In a statement, the Peoples’ Democratic Party said the people […]
JAMMU — Chief Minister Omar Abdullah on Friday presented a zero-deficit budget in the Jammu and Kashmir assembly, announcing an outlay of Rs 1.12 lakh crore for 2025-2026 and emphasising multi-sector welfare and development of the Union Territory. Abdullah, who also holds the finance portfolio in the National Conference-led government, presented his maiden budget in […]
JAMMU — Chief Minister Omar Abdullah on Friday presented the first budget of Jammu and Kashmir in six years and said it is a roadmap for economic growth and a true reflection of people’s aspirations. Presenting the budget in the legislative assembly here, Abdullah, who holds the finance portfolio, praised Prime Minister Narendra Modi, Union […]
JAMMU — Jammu and Kashmir Legislative Assembly Speaker Abdul Rahim Rather on Thursday urged the representatives of all political parties and independent legislators to cooperate during the upcoming budget session to ensure the productivity of the House. Chairing an All-Party Meeting (APM) ahead of the session, which is scheduled to commence on March 3, the […]
JAMMU — Jammu and Kashmir Chief Minister Omar Abdullah on Tuesday chaired a series of pre-budget meetings with several key government departments here to finalize proposals for the upcoming budget, which is scheduled to be presented on March 7. The meetings, held to understand the sector wise priorities and to align it with the government’s […]