नवीनतम
CM Sukhu presents Rs 54,928 cr budget for FY27
SHIMLA [Maha Media]: Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Saturday presented a Rs 54,928-crore budget for 2026-27, and blamed discontinuation of revenue deficit grant to the state for annual losses of over Rs 8,000 crore.
The grant -- a financial assistance provided by the Centre to fill the gap between the state's revenue and expenses -- was discontinued earlier this month.
Sukhu's Budget speech was disrupted by sloganeering by opposition BJP members after he accused them of "not siding with the state" on the issue of the discontinuation of revenue deficit grant (RDG) that had impacted the state's budget, resulting in a loss of Rs 8,105 crore annually.
As the sloganeering continued, the speaker adjourned the House till 11.30 am after which the BJP members moved out of the House, though the Congress MLAs remained seated.
Minutes later, BJP members returned and continued raising slogans while the chief minister continued the budget speech.
He said conflicts around the world have started impacting the state as well and LPG prices are increasing due to the ongoing war between US-Israel and Iran.
He further said a comparison of Himachal Pradesh with Uttarakhand and Assam is wrong as Himachal is a hill state with limited resources like water and forest. "Himachal is the lung of north India and should get a green bonus but instead the revenue deficit grant to the state has been discontinued," he said.
Discontinuation of the RDG would result in loss of Rs 8,105 crore annually, he said.
The chief minister, who holds the finance portfolio, announced a provision of Rs 500 crore to complete pending works, adding that a list of 300 incomplete works has been prepared.
The size of the state budget for the upcoming financial year is about Rs 4,000 crore less from last year's Rs 58,514 crore.
