New Delhi/Srinagar, Jan 11 — Chief Minister and Finance Minister Omar Abdullah on Saturday raised Jammu and Kashmir’s fiscal challenges at a pre-Budget consultation meeting chaired by Union Finance Minister Nirmala Sitharaman, seeking stronger institutional support ahead of the Union Budget for 2026–27.
“The Chief Minister today participated in the pre-Budget consultations in New Delhi, chaired by the Union Finance Minister, and shared key perspectives and concerns of the Government of Jammu and Kashmir for the Union Budget 2026–27. He emphasised the need for stronger institutional support to address Jammu and Kashmir’s fiscal challenges,” the Chief Minister’s Office said in a post on X.
The consultation is part of the Centre’s annual exercise to gather inputs from states and Union Territories before finalising the Union Budget.
The Union Budget 2026–27 is scheduled to be presented on February 1, 2026, which falls on a Sunday, marking a rare weekend presentation in recent years.
Meanwhile, the Jammu and Kashmir Budget is expected to be tabled by CM Omar Abdullah in the first week of February, during the Assembly session beginning on February 2, officials said.