JK News Today: J&K Govt Authorizes 90% Funds Under Revenue Budget For 2025-26
JK News Today: The Jammu and Kashmir Finance Department has authorized the release of 90% funds under the Revenue Budget for 2025-26, excluding the “003-Leave Travel Concession” head, which will receive only 50% funding.
Authorization of funds under Revenue Budget out of BE 2025-26
Reference :
The Jammu and Kashmir Appropriation (No. 2) Act, 2025 (Act No.III of 2025) dated: 25.03.2025
Sanction is hereby accorded to the authorization of 90olo funds under all the detailed heads except “003-Leave Travel Concession” for
which 50o/o funds are released through BEAMS under Revenue Budget and for power purchase, the funds shall be released on monthly basis at the rate of Ut2 of BE out of approved appropriation for the financial year 2025-26. The release of funds in respect of following detailed heads shall be considered on case to case basis:
. 2O1-Interest,
. 31l-Cost Price of Food Grains,
. 449-Snow Clearance,
. UT Share under revenue component, and
. Disaster Response Fund (DRF).
The funds in respect of the following heads shall be released under Capitat component of the Budget:
. Office Equipment and Appliances,
. Machinery and Equipment,
. Purchase of Vehicles,
. Furniture and Furnishings,
. Land Compensation
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