Shimla, March 30 The Himachal Pradesh Assembly passed the budget for 2026-27 and the related Appropriation Bill 2026 on Monday, authorizing the government to spend ₹58,830.30 crore from the consolidated fund.
The revenue deficit in the budget presented by Chief Minister Sukhvinder Singh Sukhu on March 21 was estimated at ₹6,577 crore, while the fiscal deficit was pegged at ₹9,698 crore, which was 3.49 per cent of Gross State Domestic Product (GSDP) and within permissible limits.
Of every ₹100, ₹8 would be spent on committed liabilities such as salaries, pensions, interest, and loan repayments, while only ₹20 would be spent on development activities.
In view of the state's grim financial situation and the discontinuation of revenue deficit grants by the 16th Finance Commission, the chief minister decided to defer his 50 per cent salary for six months, and the salaries of the deputy chief minister and other ministers by 30 per cent, and MLAs by 20 per cent.