‘UT’s liabilities pegged at Rs 6500 cr; own revenue gen reaches Rs 10984 cr in first two quarters’

Srinagar: The Jammu & Kashmir Government on Tuesday revealed that capital expenditure in the first two quarters of the ongoing financial year was lower compared to the corresponding period of the previous year. In a written reply to a question submitted by MLA Handwara, Sajad Gani Lone, the Minister in-charge of Finance informed that capital expenditure during the first two quarters of 2025–26 stood at Rs 2574 crore, as against Rs 4,156 crore during the same period in 2024–25. As per the quarter-wise break-up, capital expenditure in the first quarter of 2025–26 was only Rs 280.73 crore and Rs 2,293 crore in the second quarter. In 2024–25, capital expenditure stood at Rs 2,234 crore in the fi

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