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

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

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Budget Growth โ€” 2025-26 vs 2024-25

Total Expenditure

2025-26

Rs 1.11 lakh crore

2024-25

Rs 92,191 crore

2025-26 is +20.8% higher
Total Receipts

2025-26

Rs 88,830 crore

2024-25

Rs 74,401 crore

2025-26 is +19.4% higher
Capital Expenditure

2025-26

Rs 30,537 crore

2024-25

Rs 14,943 crore

2025-26 is +104.4% higher
Tax Revenue

2025-26

Rs 21,550 crore

2024-25

Rs 14,249 crore

2025-26 is +51.2% higher
Fiscal Deficit (% GDP)

2025-26

4.9%

2024-25

4.1%

2025-26 is +19.5% higher
Interest Payments

2025-26

Rs 11,518 crore

2024-25

Rs 10,875 crore

2025-26 is +5.9% higher

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

Particulars2025-262024-25Difference
Total ReceiptsRs 88,830 croreRs 74,401 crore+19.4%
Tax Revenue (Net)Rs 21,550 croreRs 14,249 crore+51.2%
Non-Tax RevenueRs 10,355 croreRs 6,872 crore+50.7%
Total ExpenditureRs 1.11 lakh croreRs 92,191 crore+20.8%
Revenue ExpenditureRs 79,703 croreRs 70,472 crore+13.1%
Capital ExpenditureRs 30,537 croreRs 14,943 crore+104.4%
Interest PaymentsRs 11,518 croreRs 10,875 crore+5.9%
Fiscal DeficitRs 14,084 croreRs 10,705 crore+31.6%
Fiscal Deficit (% of GDP)4.9%4.1%โ€”
Debt-to-GDP Ratio48.0%48.0%โ€”

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

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

Department2025-262024-25Difference
1. Education
Rs 14,300 crore
Rs 12,200 crore
+17.2%
2. Police & Home Affairs
Rs 9,700 crore
Rs 8,600 crore
+12.8%
3. Public Works & Roads
Rs 9,700 crore
Rs 7,000 crore
+38.6%
4. Rural Development & Panchayati Raj
Rs 8,500 crore
Rs 7,000 crore
+21.4%
5. Energy & Power
Rs 7,800 crore
Rs 6,200 crore
+25.8%
6. Health & Family Welfare
Rs 7,200 crore
Rs 5,700 crore
+26.3%
7. Agriculture & Allied
Rs 4,700 crore
Rs 3,900 crore
+20.5%
8. Water Supply & Jal Jeevan
Rs 4,700 crore
Rs 3,700 crore
+27.0%
9. Urban Development & Housing
Rs 4,600 crore
Rs 3,600 crore
+27.8%
10. Social Welfare
Rs 4,100 crore
Rs 3,500 crore
+17.1%

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

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 2025-26 budget analysis or view all available comparisons.

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