Jammu, Feb 6 (JKNS): Chief Minister Omar Abdullah on Friday presented a ₹1,13,767 crore Budget for the Union Territory of Jammu and Kashmir for the financial year 2026–27.
While tabling the Budget in the Legislative Assembly, as per news agency JKNS, Chief Minister Omar said that the total net Budget Estimates for 2026–27 stand at ₹1,13,767 crore, excluding provisions for Ways and Means Advances and overdrafts.
He informed the House that out of the total outlay, ₹80,640 crore has been earmarked for revenue expenditure, while ₹33,127 crore has been allocated towards capital expenditure.
The Chief Minister further stated that the expected revenue receipts for the upcoming fiscal are projected at ₹90,018 crore, while capital receipts are estimated at ₹23,749 crore.
Omar Abdullah said the Union Territory’s own tax and non-tax revenues are projected to be around ₹31,800 crore during 2026–27. In addition, Jammu and Kashmir is expected to receive ₹42,752 crore as Central assistance and ₹13,400 crore under Centrally Sponsored Schemes.
The Chief Minister said the Budget aims to ensure fiscal stability while supporting development priorities across sectors in the Union Territory. (JKNS)
