<h1>Jammu and Kashmir's First Union Territory Budget Unveils Rs 1.12 Lakh Crore for Inclusive Growth and Development 2025-26</h1> The Chief Minister of Jammu and Kashmir presented the first Union Territory budget, totaling Rs 1.12 lakh crore, focusing on welfare and development for 2025-26. The budget emphasizes inclusive growth, fiscal prudence, and strategic investments in infrastructure, agriculture, industry, healthcare, education, and tourism. Key initiatives include a new hydropower policy, support for startups, and a focus on rural economy through the 'J&K Green Mission.' Social welfare measures include increased pensions, free public transport for women, and enhanced marriage assistance. The budget aims to transform J&K into a hub for education, sports, and entrepreneurship, fostering economic growth and sustainability.