Mizoram CM Unveils ₹17.5 Billion Budget Focused on Rural Development

Mizoram CM Unveils ₹17.5 Billion Budget Focused on Rural Development.webp

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, connectivity, and 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.
 
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agriculture aizawl bana kaih scheme budget central tax devolution connectivity finance portfolio fiscal year 2026-2027 key crops lalduhoma mizoram social infrastructure state government supplementary demands for grants zoram people's movement
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