Excelsior Correspondent
KULGAM, Feb 6: The Union Budget focuses on grassroot economic stability, infrastructure-led growth, and industrial capacity building. The Union Budget is a guarantee document for Viksit Bharat.
This was stated by the chairperson of the Jammu & Kashmir Waqf Board, BJP National Executive Member and BJP J&K Core Group Member Dr Syed Darakhshan Andrabi, while interacting with media persons, here today.
Addressing the media, Dr Andrabi said that the budget is not limited to a single fiscal year, but is futuristic in nature, laying a strong foundation for India’s journey towards self-reliance.
She said, “The Union Budget emphasizes strengthening domestic manufacturing, ensuring energy security and reducing import dependence. Inclusive measures supporting employment, agriculture, household purchasing power and universal services have been prioritized.”
Dr Andrabi further noted that the budget targets an economic growth rate of over 7 percent, the highest among major global economies.
Highlighting allocations for Jammu & Kashmir, she said that the Union Budget has increased the allocation for the Union Territory by Rs 2,000 crore this year.
“The Central Government has announced Rs 43,290 crore for Jammu & Kashmir, reflecting the Prime Minister’s strong and unwavering commitment to accelerating development and economic growth in the Union Territory,” she said.
Dr Andrabi also informed that Rs 40,000 crore outlays under the Electronics Components Manufacturing Scheme and the launch of India Semiconductor Mission 2.0 will significantly strengthen India’s global technological standing and establish the country as a semiconductor power in the coming years.
“The spirit of Make in India and Atmanirbhar Bharat is reflected across every sector of development envisioned in the Union Budget 2026-27,” she added.
BJP district president Farooq Ahmad Rather, general secretary Mubarak Ahmad Khanday was also present during the conference.
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