Himachal's Budget Blues: Revenue Grant Debate and New Developments
Himachal Pradesh CM Sukhvinder Singh Sukhu presented a Rs 54,928-crore budget, highlighting the financial strain due to the halted revenue deficit grant, causing Rs 8,105 crore losses annually. Proposals include developing an aerocity and a women's tourism fund, amid opposition disruptions and comparisons with other states.
- Country:
- India
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu unveiled a Rs 54,928-crore budget for 2026-27, expressing concern over financial losses after the recent discontinuation of the revenue deficit grant by the Centre.
The discontinued grant has reportedly led to annual losses of Rs 8,105 crore for the state. Opposition BJP members interrupted Sukhu's speech, accusing them of not supporting the state in retaining the grant.
Despite disruptions, Sukhu announced plans for an aerocity in Kangra, a rise in milk procurement prices, and the establishment of a women's tourism fund, aiming to bolster the state's financial and developmental prospects.
ALSO READ
-
Daring Escape: Himachal Pradesh Political Figure's Son Foils Kidnapping Bid
-
Himachal Pradesh expected to register 8.3 per cent growth for FY26; per capita income has increased to Rs 2,83,626 at 9.8 per cent: CM Sukhu.
-
First time in the history of Himachal, budget reduced by Rs 3,586 crore due to discontinuation of RDG, says CM Sukhu.
-
Himachal CM Sukhu announces Rs 3,300 crore to acquire land for Kangra airport; aerocity to come up in Kangra.
-
Himachal Pradesh hikes milk procurement price by Rs 10; cow milk to be bought for Rs 61 per litre, buffalo milk for Rs 71.
Google News