Srinagar, Feb 7, Feb. 8 -- The PHD Chamber of Commerce and Industry (PHDCCI), Kashmir Chapter, has lauded the Chief Minister for presenting a balanced and forward-looking budget for the Union Territory of Jammu & Kashmir for FY 2026-27. Despite tight fiscal conditions and a high share of committed expenditure on salaries and pensions, the budget outlines a pragmatic roadmap for long-term reforms and inclusive growth. Mr. Vicky Shaw, Chairman, PHDCCI Kashmir, said, "With a limited revenue base and significant committed liabilities, the Chief Minister has delivered a visionary budget that prioritizes capital investment and sustainable development. The emphasis on future-ready foundations, while responding to immediate challenges arising fro...