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Jammu & Kashmir Budget โ€” 2024-25 vs 2025-26

Year-over-year budget comparison showing how Jammu & Kashmir's fiscal priorities have changed

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Budget Growth โ€” 2024-25 vs 2025-26

Total Expenditure

2024-25

Rs 92,191 crore

2025-26

Rs 1.11 lakh crore

2024-25 is -17.2% lower
Total Receipts

2024-25

Rs 74,401 crore

2025-26

Rs 88,830 crore

2024-25 is -16.2% lower
Capital Expenditure

2024-25

Rs 14,943 crore

2025-26

Rs 30,537 crore

2024-25 is -51.1% lower
Tax Revenue

2024-25

Rs 14,249 crore

2025-26

Rs 21,550 crore

2024-25 is -33.9% lower
Fiscal Deficit (% GDP)

2024-25

4.1%

2025-26

4.9%

2024-25 is -16.3% lower
Interest Payments

2024-25

Rs 10,875 crore

2025-26

Rs 11,518 crore

2024-25 is -5.6% lower

Receipts & Expenditure โ€” Year-over-Year Change

Particulars2024-252025-26Difference
Total ReceiptsRs 74,401 croreRs 88,830 crore-16.2%
Tax Revenue (Net)Rs 14,249 croreRs 21,550 crore-33.9%
Non-Tax RevenueRs 6,872 croreRs 10,355 crore-33.6%
Total ExpenditureRs 92,191 croreRs 1.11 lakh crore-17.2%
Revenue ExpenditureRs 70,472 croreRs 79,703 crore-11.6%
Capital ExpenditureRs 14,943 croreRs 30,537 crore-51.1%
Interest PaymentsRs 10,875 croreRs 11,518 crore-5.6%
Fiscal DeficitRs 10,705 croreRs 14,084 crore-24.0%
Fiscal Deficit (% of GDP)4.1%4.9%โ€”
Debt-to-GDP Ratio48.0%48.0%โ€”

Department Allocation Changes โ€” 2024-25 vs 2025-26

Which departments gained or lost budget share between 2025-26 and 2024-25

Department2024-252025-26Difference
1. Education
Rs 12,200 crore
Rs 14,300 crore
-14.7%
2. Police & Home Affairs
Rs 8,600 crore
Rs 9,700 crore
-11.3%
3. Public Works & Roads
Rs 7,000 crore
Rs 9,700 crore
-27.8%
4. Rural Development & Panchayati Raj
Rs 7,000 crore
Rs 8,500 crore
-17.6%
5. Energy & Power
Rs 6,200 crore
Rs 7,800 crore
-20.5%
6. Health & Family Welfare
Rs 5,700 crore
Rs 7,200 crore
-20.8%
7. Agriculture & Allied
Rs 3,900 crore
Rs 4,700 crore
-17.0%
8. Water Supply & Jal Jeevan
Rs 3,700 crore
Rs 4,700 crore
-21.3%
9. Urban Development & Housing
Rs 3,600 crore
Rs 4,600 crore
-21.7%
10. Social Welfare
Rs 3,500 crore
Rs 4,100 crore
-14.6%

How Has Jammu & Kashmir's Budget Changed from 2025-26 to 2024-25?

Comparing budgets across years helps track fiscal consolidation progress, shifts in spending priorities, and revenue growth patterns. The gap between Budget Estimates and Revised Estimates is a key indicator of fiscal discipline and realistic projection capability.

Capital expenditure trends show the government's commitment to infrastructure development, while revenue expenditure patterns indicate recurring obligations like salaries, pensions, and interest payments. A rising capital-to-revenue expenditure ratio generally signals productive spending.

Explore the full 2024-25 budget analysis or view all available comparisons.

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