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Omar Abdullah Presents J&K Budget, Focus on Growth, Welfare
Omar Abdullah's budget prioritizes infrastructure, hydroelectric projects, and disaster mitigation while managing debt and creating jobs in Jammu and Kashmir, with 60% expenditure on salaries and pensions.
- On Friday , Omar Abdullah presented the Jammu and Kashmir Budget for 2026-2027, aiming for sustainable growth, social harmony, and prosperity.
- Referring to challenges faced during the past year, Abdullah said geopolitical factors, the Pahalgam terror attack and floods in Jammu adversely impacted sectors, causing job losses.
- The Central government brought Jammu and Kashmir under a Special Assistance to States for Capital Investment scheme, with funds for infrastructure, hydroelectric, and disaster-mitigation works, after wide consultations, and enforces austerity measures for the third year.
- Funding shifts show marginal uplift for Jammu and Kashmir and Ladakh sees around 27% increase, with the government pledging transformation through investment, innovation and participatory governance.
- Power-Sector and fiscal-management steps aim to expand the consumer base, execute loss-reduction works, and strengthen debt sustainability by limiting borrowings and improving liquidity management.
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Omar Abdullah Presents J&K Budget 2026: Focus On Growth, Jobs And Infrastructure
Jammu and Kashmir CM Omar Abdullah presented the 2026-2027 Budget in the Assembly, emphasising sustainable growth, investment, infrastructure and support for youth and women despite fiscal constraints and recent challenges
·New Delhi, India
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Omar Abdullah presents Rs 1.27 lakh cr budget, emphasises on inclusive growth, fiscal prudence
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 the J&K into a modern, progressive and economically vibrant region by promoting investment, innova…
Coverage Details
Total News Sources14
Leaning Left2Leaning Right1Center1Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 25%
R 25%
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