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    <description>The Jammu and Kashmir 2026-27 Budget of Rs 1.27 lakh crore prioritises sustainable, inclusive growth with fiscal prudence: net estimates of Rs 1,13,767 crore, revenue expenditure Rs 80,640 crore, capital expenditure Rs 33,127 crore, own revenues Rs 31,800 crore, central assistance Rs 42,752 crore, a projected tax to GDP ratio of 6.6% and a fiscal deficit of 3.69%. The plan emphasises debt sustainability through controlled borrowing and austerity, capital investment funded in part by special central assistance, power sector reforms, and targeted social and agricultural welfare measures.</description>
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