Jammu, Feb. 1 -- The Centre has proposed an allocation of Rs 43,290.29 crore for the Union Territory of Jammu and Kashmir in the Union Budget 2026-27, nearly Rs 2,000 crore higher than the current year's outlay.

Union Finance Minister Nirmala Sitharaman, while presenting the Budget in Parliament on Sunday, also announced a national programme for high-value nut crops aimed at strengthening Jammu and Kashmir's orchard-based economy.

According to Budget documents, the Union Finance Ministry has proposed total transfers of Rs 43,290.29 crore to Jammu and Kashmir for 2026-27.

For the ongoing financial year, central assistance to the Union Territory has been revised upwards to Rs.41,340 crore from Rs.41,000.07 crore, reflecting an increase of ...