
Union Budget 2026: Jammu and Kashmir fund allocation ‘marginally’ up; Ladakh sees around 27% increase
The Union Budget 2026-27 allocated ₹43,290.29 crore to Jammu and Kashmir, a significant increase from the previous year, but industry stakeholders expressed disappointment with the allocation's lack of substantial growth potential for industries in the region. Shakeel Qalander, member of the Federation of Chambers of Industries Kashmir (FCIK), stated that the modest increase falls short of addressing the region's developmental needs. While some political leaders, such as Minister Satish Sharma from the National Conference, criticized the allocation as insufficient, others like Rahul Sahai, chairman of the Indian Chamber of Commerce and Industries-J&K, viewed it positively. The budget also received support from Lieutenant Governor Manoj Sinha and BJP leaders, who emphasized its focus on economic growth and infrastructure development.
1 FEB 2026
— The Hindu
West Bengal's Chief Minister and political leaders criticized the Union Budget 2026-27 for lacking provisions for the state's development and ignoring existing infrastructure projects.
— The Hindu
CPI leaders and activists protested outside Visakhapatnam railway station, expressing dissatisfaction with the Union Budget 2026's lack of funding for Andhra Pradesh's needs.
3 FEB 2026
— The Hindu
Tamil Nadu Chief Minister M.K. Stalin expressed disappointment with the 2026-27 Union Budget and vowed to teach the NDA a lesson in the upcoming Assembly elections.
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