Jammu, Feb 06: Chief Minister Omar Abdullah on Friday unveiled Rs 113767 crore budget for Jammu & Kashmir Union Territory.
Presenting the budget in the UT Assembly, as per news agency—Kashmir News Observer (KNO), the CM said the total net budget estimates for the fiscal year 2026-27 are Rs 113767 crore excluding the provision for ways and means advances and overdraft.
“The total net budget estimates for the fiscal 2026-27 are Rs 113767 crore excluding the provision for ways and means advances and overdraft,” the CM said.
Of which, Rs 80640 crore is revenue expenditure and Rs 33127 crore capital expenditure.
“Rs 90018 crore and Rs 23749 crore as expected revenue receipt & capital receipt respectively under Budget Estimates 2026-27,” the CM announced.
He said the own revenues both tax and non-tax are estimated to be Rs 31800 Crore.
“In addition to this, Rs 42752 Crore is to flow as central assistance and Rs 13400 Crore as CSS to Jammu and Kashmir,” he said
CM announces 6 free gas cylinders to AAY families per year
Chief Minister Omar Abdullah on Thursday announced that his government will provide six free LPG cylinders per year to all Antyodaya Anna Yojana (AAY) households in Jammu & Kashmir.
Speaking in the Assembly, as per news agency—Kashmir News Observer (KNO), the Chief Minister said the scheme will cover the poorest of the poor, ensuring that every AAY family in the Union Territory receives six free LPG cylinders annually
(KNO)
