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 J&K into a modern, progressive, and economically vibrant region by promoting investment, innovation, and participatory governance.

Presenting the Budget in the Legislative Assembly, Abdullah, who also holds the finance portfolio, estimated total gross receipts and expenditure at Rs 1,27,767 crore

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