SRINAGAR:Feb :2: 2026 The Omar Abdullah-led Cabinet will meet here on Tuesday afternoon to give final shape to the budgetary proposals for the financial year 2026–27, with emphasis on welfare initiatives and key commitments of the ruling National Conference, sources said.
Official sources said that the Cabinet meeting, to be chaired by Chief Minister Omar Abdullah, will be held at his official residence at 3:00 PM.
The meeting comes on the opening day of the Budget Session of the Jammu and Kashmir Legislative Assembly.
Sources said the annual budget, likely to be presented by the Chief Minister on February 6, is expected to be around ₹1.20 lakh crore. Several welfare measures, including initiatives promised in the NC manifesto, are likely to be cleared by the Cabinet for inclusion in the budget.
A positive announcement regarding Daily Rated Workers (DRWs) is also expected, they added.
Earlier in the day, the Budget Session will begin with Lieutenant Governor Manoj Sinha’s address, followed by obituary references, and conclude around 12:30 PM.
Mir Aasif
The Cabinet meeting will be followed by a National Conference Legislature Party meeting at 4:00 PM.
Officials said the Cabinet’s primary focus will be on finalising budget-related proposals, with limited departmental agenda items.
All Cabinet decisions will be subject to the approval of the Lieutenant Governor. Omar Abdullah, who also holds the Finance portfolio, will present his second budget after replying to the debate on the LG’s address on February 5. (KNC)
