Srinagar, March 25 -- The appropriation bill is crucial as it allows the government to withdraw funds from the consolidated fund of the Union Territory to meet its expenses for the financial year.

Chief Minister Omar Abdullah, who also holds the finance portfolio, presented the appropriation bills for fiscal years 2025-26 and 2024-25 in the assembly, both of which were passed by voice vote after their introduction.

On March 7, Abdullah presented Jammu and Kashmir's first budget in seven years, allocating Rs 1.12 lakh crore for 2025-26. He described it as a roadmap for economic growth and a reflection of the people's aspirations.

While introducing the bills, the chief minister said that the bill authorises the payment and appropriation ...