Srinagar, Feb 01: Jammu and Kashmir has been allocated ₹43,290.29 crore as grant-in-aid in the Union Budget for 2026–27 under the Revenue Section, marking an increase over the revised estimates of the current financial year, according to budget documents tabled in Parliament.
The allocation has been made under Demand No. 58 — Transfers to Jammu and Kashmir — and will be accounted for under Major Head 3602, which covers grants-in-aid to Union Territory governments on behalf of the Ministry of Home Affairs.
Budget data shows that actual expenditure on Jammu and Kashmir during 2024–25 stood at ₹46,000.06 crore. However, allocations witnessed a sharp decline in the Budget Estimates for 2025–26, which were pegged at ₹41,000.07 crore. During the course of the year, this amount was marginally enhanced to ₹41,340.22 crore at the Revised Estimates stage.
For 2026–27, the proposed grant of ₹43,290.29 crore reflects an increase of nearly ₹1,950 crore over the revised estimates of 2025–26. Despite this upward revision, the allocation remains below the actual expenditure level of 2024–25, indicating that the Centre has not fully restored earlier funding levels for the Union Territory.
The entire provision has been made under the Revenue Section, with no capital outlay component, underscoring Jammu and Kashmir’s continued dependence on central revenue transfers to meet routine administrative and developmental expenditure.
