Srinagar, Feb. 1 -- The union Territory of Jammu and Kashmir has been allocated Rs 43,290.29 crore in the Budget for 2026-27, presented by union Finance Minister Nirmala Sitharamanin in the Parliament on Sunday.
In the 2025-2026, the union Territory's budget was Rs 41,000.07 crore, which was then increased in the revised estimate to Rs 41,340 crore.
Of the total allocation for 2026-27, the largest share-Rs 42,650.27 crore-has been earmarked as Central Assistance to union Territory to help Jammu and Kashmir bridge its resource gap.
An amount of Rs 279 crore has been provided towards the UT's Disaster Response Fund to meet immediate relief requirements during notified disasters such as floods, earthquakes and droughts.
The budget also pro...