Jammu, Feb. 7 -- Jammu and Kashmir Chief Minister Omar Abdullah, who also holds the portfolio of UT's Finance Minister, Friday presented his government's second budget announcing a series of welfare and development measures to boost the economy, strengthen social sectors and promote sustainable growth in Jammu and Kashmir.

While presenting Rs 1.27 lakh crore Budget for 2026-2027 in the Legislative Assembly, Abdullah said his government is committed to transforming the J&K into a modern, progressive and economically vibrant region by promoting investment, innovation and participatory governance and estimated total gross receipts and expenditure at Rs 1,27,767 crore.

He said that the total gross receipts include provision for ways and mea...