JAMMU, Jan. 27 -- The Indian Chamber of Commerce (ICC), Jammu Chapter, under the leadership of its Chairman Mr. Rahul Sahai, presented a comprehensive memorandum to the Hon'ble Chief Minister of Jammu & Kashmir, Jenab Omar Abdullah Sahab, during the stakeholders' interaction on Budget 2026-27 held in Jammu. ICC appreciated the revival of the long-standing tradition of pre-Budget consultations and expressed confidence that such participatory governance would help Jammu & Kashmir emerge as a revenue-surplus Union Territory while fostering inclusive growth and economic stability.

A major focus of the submission was the need for a pragmatic and fiscally balanced New Industrial Policy that supports existing industries, encourages expansion, and...