Chief Secretary, Atal Dulloo, today chaired a high-level meeting to review departmental performance regarding budget utilization and revenue realization across Jammu and Kashmir. The meeting was attended by Principal Secretary Finance, Santosh D. Vaidya; Administrative Secretaries of all departments; Director General Resources; Director General Accounts & Treasuries; Director General Budget, and other senior officials.

During the review, the Chief Secretary took a detailed appraisal of revenue and capital expenditure made by departments to date. He emphasized the need to enhance capital spending while rationalizing avoidable revenue expenditure to strengthen the UT’s fiscal health. Highlighting the importance of capital expenditure in infrastructure creation, he noted its direct contribution to long-term economic growth and livelihood opportunities.
Chief Secretary Dulloo urged strict adherence to timelines for Centrally Sponsored Schemes (CSS), particularly flagship initiatives such as Samagra Shiksha Abhiyan, PMGSY, NABARD, and others. He directed departments to expedite Administrative Approval and Technical Sanction for projects under the recently launched Special Assistance to States for Capital Investment (SASCI) initiative, aiming for 75% completion of ongoing works by December 2025. He also called for the timely clearance of remaining mother sanctions to ensure smooth execution of capital projects under SASCI, which provides 50-year interest-free loans for development works.
On revenue mobilization, the Chief Secretary directed the Power Development Department to improve billing efficiency and asked the State Taxes Department to plug GST collection leakages. He stressed leveraging technology to detect tax evasion and taking stringent measures against defaulters to ensure full realization of revenues.
Principal Secretary Finance, Santosh D. Vaidya, presented the expenditure status, reporting that out of Rs 79,703 Cr allocated for revenue expenditure, Rs 52,085 Cr had been released, with Rs 33,247 Cr spent to date. Capital expenditure stood at Rs 757 Cr against a release of Rs 7,435 Cr from a budget of Rs 18,451 Cr. Expenditure under CSS Capex totaled Rs 1,038 Cr, while repayment obligations accounted for Rs 2,534 Cr. He highlighted that power purchase bills have risen by 20%, but corresponding revenue realization grew only 10%, requiring corrective action.
Revenue collections until August 2025 included GST Rs 3,408.14 Cr, Stamp Duty Rs 287 Cr, Motor Spirit Tax Rs 708.67 Cr, Excise Rs 861 Cr, Transport Rs 370 Cr, Mining Rs 49.52 Cr, Water Supply Rs 31.19 Cr, and Water Usage Charges Rs 380 Cr, totaling non-tax revenue of Rs 2,765 Cr.
Under SASCI Part I, 162 ongoing projects with a cumulative cost of Rs 12,393.6 Cr have already spent Rs 2,235.3 Cr, with additional loans of Rs 1,191.4 Cr sought. The Power Development Department leads with 19 projects worth Rs 10,052.1 Cr, followed by Jal Shakti with 36 projects totaling Rs 311.1 Cr. Housing & Urban Development and Public Works Departments are also implementing significant works. Additionally, 60 new projects worth Rs 309.15 Cr are being launched, with Rs 189.52 Cr sought for execution. The Health & Medical Education Department leads this category with 16 projects costing Rs 82.31 Cr, alongside initiatives by Tourism, Youth Services, Sports, and Skill Development Departments.
The Chief Secretary directed departments to redouble efforts to maximize revenue realization while maintaining fiscal discipline, underlining that efficient capital expenditure and revenue collection are pivotal for sustaining J&K’s developmental momentum and fiscal stability.