Jammu, March 7 -- Jammu and Kashmir Chief Minister Omar Abdullah on Friday presented a Rs 1.12 lakh crore budget for Jammu and Kashmir for the fiscal 2025-26.

Unveiling the budget in the assembly, Abdullah, who also serves as Finance Minister of the UT, announced that total budget estimate for the fiscal 2025-26 is Rs 1,12,310 crore.

"The total net budget estimates for the fiscal 2025-26 are Rs 1,12, 310 crore, excluding the provision for ways and means advances and overdraft. The expected revenue receipts are Rs 97,982 crore and capital receipts are Rs 14328 crore," Abdullah said while presenting the budget.

Similarly, he said that the revenue expenditure is estimated to be Rs 79703 crore and capital expenditure to be Rs 32607 crore.

T...