Jammu, Mar 27: The Jammu & Kashmir Assembly on Friday approved the budget for 2026–27 with the passage of the Appropriation Bill for the next financial year.
The Assembly passed three key Appropriation Bills, including the one for 2026–27, which were introduced by Chief Minister Omar Abdullah, who also happens to be Finance Minister of J&K.
The passage of the Appropriation Bill marks the formal approval of the budget for the next financial year and the culmination of the process that began with the presentation of the budget by Chief Minister Omar Abdullah on February 6.
The Chief Minister had presented a budget of Rs 113767 crore for 2026–27.
After presentation of the budget, there were discussions on it for three days which was culminating with CM’s reply to it
Following the CM’s reply, the House considered grants from various departments before breaking for a long recess on February 19, coinciding with the commencement of the holy month of Ramadhan. The budget session resumed today. (KNO)
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