Srinagar, March 8 -- Chief Minister Omar Abdullah, who also holds the portfolio of Finance Minister, on Friday presented the first budget of the Union Territory with an outlay of Rs 1.12 lakh crore, and proposed a series of welfare and development initiatives for 2025-26, reflecting people's aspirations.
He said J&K is at the threshold of a new era of peace and prosperity, with a semblance of normalcy returning after over three-and-a-half decades of turmoil.
Presenting the budget in the Legislative Assembly here, Abdullah praised Prime Minister Narendra Modi, Union Home Minister Amit Shah and Union Finance Minister Nirmala Sitaraman for their support in various sectors.
Abdullah started his over one-and-half-hour speech in English with t...