Jammu I March 07, 2025
Historic Budget Presentation
Chief Minister and State Finance Minister Omar Abdullah tabled the state budget in the Jammu and Kashmir Legislative Assembly on Friday, marking his first budget in this capacity and the first by a collective government in seven years. The presentation was met with anticipation as the region looks toward a new phase of development and stability.
A Weighty Responsibility
Addressing the Assembly, Abdullah highlighted the significance of the occasion. “I stand before you today to present my first budget as Finance Minister, marking the first budget of a collective government in seven years. While it is an honour, I am acutely aware of the weight of responsibility that comes with being the custodian of J&K’s finances at this crucial juncture,” he stated.
Vision for a Prosperous J&K
The Chief Minister described the budget as a comprehensive plan for the future. “It is a road map for a new and prosperous Jammu and Kashmir, reflecting the aspirations of our people and laying a strong foundation for economic growth, social progress, and sustainable development,” Abdullah emphasized. The budget aims to address the region’s pressing needs while fostering long-term growth.
Looking Ahead
Specific details of the budget, including financial allocations and key policy initiatives, are expected to emerge as the Assembly debates the proposal in the coming days. The presentation signals a renewed focus on governance and development in Jammu and Kashmir under Abdullah’s leadership.