Aizawl, February 26 Mizoram Chief Minister Lalduhoma presented a budget of ₹17,469.91 crore for the 2026-2027 fiscal in the state assembly, with a focus on improving social infrastructure and boosting the agricultural sector.
The chief minister also presented supplementary demands for grants for the current fiscal, amounting to ₹3,724.25 crore.
Presenting his third budget after the Zoram People's Movement (ZPM) assumed power in December 2023, Lalduhoma, who also holds the finance portfolio, said his government will continue to implement its flagship 'Bana Kaih' (hand holding) scheme to improve the livelihoods of farmers.
He said the Mizoram government has allocated ₹350 crore for the implementation of the scheme, and out of this, ₹150 crore has been earmarked for the procurement of designated key crops.
Lalduhoma said the total revenue receipts, including ₹8,608.08 crore of central tax devolution, are projected at ₹17,469.91 crore, while the total expenditure is estimated at ₹17,076.92 crore.
"The total receipts exceed the gross total expenditure by ₹392.99 crore, and this surplus is to be used for reducing public account liabilities," he said.
The chief minister also announced a new budget head 'Anti-Narcotics Activities', created under the excise department with a total allocation of ₹40 lakh, to accelerate targeted enforcement, awareness campaigns, and coordinated actions against drug trafficking and substance abuse.
The total funds earmarked for capital expenditure is ₹2,982.44 crore, which is 12.18 per cent higher than the 2025-26 budget, while total revenue expenditure for 2026-27 is projected at ₹14,094.47 crore, a 13.18 per cent hike over the current fiscal estimate, he said.