SRINAGAR: Jammu and Kashmir has recorded ₹2,765 crore in non-tax revenue and ₹3,408.14 crore from GST collections till August 2025, alongside significant receipts from excise (₹861 crore), Motor Spirit Tax (₹708.67 crore), stamp duty (₹287 crore), transport (₹370 crore), mining (₹49.52 crore), water supply (₹31.19 crore) and water usage charges (₹380 crore). The figures were shared on Thursday during a high-level review of budget utilization and revenue realization chaired by Chief Secretary Atal Dulloo.
The meeting was attended by Principal Secretary, Finance, Santosh D. Vaidya; Director Generals of Resources, Accounts & Treasuries, and Budget; along with Administrative Secretaries of all departments.
Dulloo took stock of both revenue and capital expenditure, urging departments to enhance capital spending while curtailing avoidable revenue expenditure. He said capital expenditure not only strengthens infrastructure but also drives long-term economic growth and livelihood creation.
He stressed timely implementation of Centrally Sponsored Schemes (CSS), especially Samagra Shiksha Abhiyan, PMGSY, NABARD and other flagship programmes. Reviewing the Special Assistance to States for Capital Investment (SASCI) initiative, he called for speedy sanctions for new works and directed that at least 75% of each ongoing work be completed by December this year.
On the fiscal side, Principal Secretary Finance reported that out of the Revenue Expenditure Budget Estimate of ₹79,703 crore, ₹52,085 crore has been released and ₹33,247 crore spent so far. Against the Capital Expenditure BE of ₹18,451 crore, ₹7,435 crore has been released and ₹757 crore utilized till date. He also flagged a 20% rise in the power purchase bill compared to only a 10% growth in revenue realization, stressing corrective measures.
Under SASCI Part I, 162 ongoing projects worth ₹12,393.6 crore and 60 new projects worth ₹309.15 crore are being executed across key departments, with PDD, Jal Shakti, Housing & Urban Development, Public Works, and Health & Medical Education leading the initiatives.
The Chief Secretary directed departments to strengthen revenue mobilization, improve PDD billing efficiency, plug GST leakages, and use technology to detect tax evasion. He stressed that fiscal discipline, enhanced capital spending, and efficient revenue collection are key to sustaining J&K’s developmental momentum.
