India, April 1 -- The Government of Jammu and Kashmir has officially sanctioned the release of 50% of funds under the Revenue Budget for the financial year 2026-27 through the BEAMS portal.

According to an order issued by the Finance Department, funds for power purchases will be released on a monthly basis at a rate of 1/12th of the budget estimate.

While the bulk of the revenue budget is now accessible, the Government clarified that the release of funds for specific critical sectors-including interest payments, food grain costs, snow clearance, UT share under revenue components, and the Disaster Response Fund (DRF)-will be managed on a case-to-case basis.

Published by HT Digital Content Services with permission from The Northlines....