Story in numbers: J&K Budget- Introducing the Mufti model of governance

State Finance Minister Haseeb Drabu presented the annual state Budget on May 30. Dubbing it a document that highlights the "Mufti model of governance", Drabu said an effort had been made to put in place systems and processes which will eventually eliminate corruption in the system.

Fund transfers from the Centre account for nearly three-fourths of the state's total revenue. This is hardly surprising.

The state spends roughly a third on capital expenditure. In absolute terms, capital expenditure has seen a three-fold rise since 2014-15. Revenue expenditure, which is essentially salaries and administrative spending, has risen