JAMMU: Jammu and Kashmir Chief Minister Omar Abdullah on Friday unveiled a Rs 1,13,767 crore budget for the Union Territory for the financial year 2026–27.
Presenting the Budget in the UT Legislative Assembly, the Chief Minister, said that the total net budget estimates for the fiscal year 2026–27 stand at Rs 1,13,767 crore, excluding provisions for ways and means advances and overdraft.
“The total net budget estimates for the fiscal 2026–27 are Rs 1,13,767 crore, excluding the provision for ways and means advances and overdraft,” the Chief Minister said while addressing the House.
Out of the total allocation, Rs 80,640 crore has been earmarked for revenue expenditure, while Rs 33,127 crore has been allocated for capital expenditure.
The Chief Minister further announced that the expected revenue receipts under Budget Estimates 2026–27 are Rs 90,018 crore, while capital receipts are projected at Rs 23,749 crore.
He said that the Union Territory’s own revenues, including both tax and non-tax sources, are estimated at Rs 31,800 crore.
“In addition, Rs 42,752 crore is expected to flow as central assistance, while Rs 13,400 crore will be received under Centrally Sponsored Schemes (CSS) for Jammu and Kashmir,” he added.
