JAMMU — Jammu and Kashmir faces significant infrastructure deficits in sectors such as road connectivity, water supply, sewerage, tourism and power, Chief Minister Omar Abdullah said on Friday, and asserted that sustained financial support from the Centre is crucial to address these challenges. The chief minister, while presenting the budget for the next financial year, […]
JAMMU — Jammu and Kashmir Chief Minister Omar Abdullah on Thursday announced a slew of welfare measures and development initiatives in the 2026-27 budget aimed at boosting the economy, strengthening social sectors, and promoting sustainable growth across the Union Territory. The budget focuses on science and technology, agriculture, healthcare, education, tourism, and social welfare, with […]
JAMMU — Jammu and Kashmir Chief Minister Omar Abdullah on Friday presented a Rs 1.27 lakh crore Budget for 2026-2027 in the Legislative Assembly, asserting that the financial plan aims to lay a strong foundation for sustainable growth, social harmony and economic prosperity in the Union Territory. He said his government is committed to transforming […]
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 […]