<\/p>\n\n\n\n
After a hiatus of seven years, Jammu & Kashmir\u2019s annual budget will be presented in its assembly next month.<\/p>\n\n\n\n
The budget estimates for 2025-26 and revised estimates for 2024-25 will be presented in the Assembly likely around mid-February.\u201cThe Union Territory\u2019s cabinet led by Omar Abdullah would soon recommend to the LG to summon the Assembly,\u201d sources said.<\/p>\n\n\n\n
Sources disclosed that the budget session is likely to start somewhere between February 10 to 15 and would last for three to four weeks.<\/p>\n\n\n\n
Chief Minister Omar Abdullah, who is also the minister in-charge of the Finance department, will present the budget.<\/p>\n\n\n\n
This would be the first time Omar Abdullah would be presenting the budget. In six years of NC-Congress rule from 2009 to 2014, the annual budget was presented by then Finance Minister Abdul Rahim Rather.<\/p>\n\n\n\n
This would be after a gap of more than seven years that J&K\u2019s annual budget would be presented in its assembly.<\/p>\n\n\n\n
The last budget was presented in the Assembly on January 11, 2018, when Haseeb Drabu was the finance minister of the erstwhile state.After the collapse of the PDP-BJP government, the budget for 2019-20 was approved by then J&K Governor as head of the State Administrative Council. After the downgrading of J&K into a UT in August 2019, all its budgets were presented in the Parliament.<\/p>\n\n\n\n
As many as five budgets of J&K were presented and approved by the Parliament as legislative powers of the J&K Assembly were vested with it in the absence of an elected government in the UT.<\/p>\n\n\n\n
The Union Territory\u2019s annual budget for the ongoing fiscal was presented in the Parliament in July this year\u2014(KNO)<\/p>\n","protected":false},"excerpt":{"rendered":"
After a hiatus of seven years, Jammu & Kashmir\u2019s annual budget will be presented in its assembly next month. The budget estimates for 2025-26 and revised estimates for 2024-25 will be presented in the Assembly likely around mid-February.\u201cThe Union Territory\u2019s cabinet led by Omar Abdullah would soon recommend to the LG to summon the Assembly,\u201d […]<\/p>\n","protected":false},"author":2,"featured_media":2094,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[92],"tags":[],"class_list":["post-2095","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-jammu-kashmir"],"_links":{"self":[{"href":"https:\/\/noukeqalamnews.com\/en\/wp-json\/wp\/v2\/posts\/2095","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noukeqalamnews.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noukeqalamnews.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noukeqalamnews.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/noukeqalamnews.com\/en\/wp-json\/wp\/v2\/comments?post=2095"}],"version-history":[{"count":1,"href":"https:\/\/noukeqalamnews.com\/en\/wp-json\/wp\/v2\/posts\/2095\/revisions"}],"predecessor-version":[{"id":2096,"href":"https:\/\/noukeqalamnews.com\/en\/wp-json\/wp\/v2\/posts\/2095\/revisions\/2096"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noukeqalamnews.com\/en\/wp-json\/wp\/v2\/media\/2094"}],"wp:attachment":[{"href":"https:\/\/noukeqalamnews.com\/en\/wp-json\/wp\/v2\/media?parent=2095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noukeqalamnews.com\/en\/wp-json\/wp\/v2\/categories?post=2095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noukeqalamnews.com\/en\/wp-json\/wp\/v2\/tags?post=2095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}