Srinagar, Feb. 2 -- The budget allocation had a mixed response in J&K with Opposition criticising it as more security and administration oriented than development while the BJP hailed it for being aimed at the UT's stability and inclusive growth. The Congress termed it peanuts.

Lieutenant governor Manoj Sinha termed the Budget 2026-27 as pragmatic, saying it will prioritise economic acceleration, create future-ready infrastructure, sustain growth momentum and chart path to $5 trillion economy milestone within a few years. He said the initiative would generate fresh employment opportunities and invigorate the tourism industry besides adopting a comprehensive fiscal strategy that would balance growth ambition and social welfare.

"The budg...