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Informative

J&K Budget 2025: CM Omar Abdullah Presents First Budget Since 2018, Says 60% Revenue Spent on Salaries & Pensions

Update / Judgement Date

09 Mar 2025

Source

Taxscan

Author

Team — WCP Legal Desk

Reading Time

1 min read

Financial ManagementPSU's AND Govt. Undertakings

Jammu and Kashmir Chief Minister Omar Abdullah presented the 2025 budget, noting that 60% of revenue is spent on salaries and pensions. This budget is the first since 2018. The budget highlights the financial challenges faced by the region. The high expenditure on salaries and pensions indicates the need for fiscal reforms. The budget aims to address developmental needs and improve public services. This is a very high amount of money spent on salaries.