GK and monthly revision

Budget 2026 proposes Rs 43,290 crores transfer to J&K in FY27, up 4.72 percent

The Union Budget 2026-27 proposes a significant increase in central assistance to Jammu and Kashmir, with over Rs 43,290 crore allocated. This funding boost aims to support the Union Territory's development and recovery efforts, including the Jhelum-Tawi Flood Recovery Project and disaster relief. The consistent capital expenditure support is also noteworthy. This financial allocation is crucial for the region's progress and will be relevant for various competitive exams.