Kohima, March 25 The second phase of the Nagaland assembly's budget session will begin on Thursday, with key financial matters, including the presentation of the state budget, scheduled over two days.
This is the first time the assembly is holding a session in two phases, with the first phase taking place from March 2 to 12.
According to the assembly secretariat, the proceedings on Thursday will include discussions on urgent public matters, the presentation of C&AG reports, and the laying of a review of revenue and expenditure trends, followed by supplementary demands for grants for 2025-26 and proposals to regularize excess expenditure for 2018-19 and 2019-20.
Chief Minister Neiphiu Rio, who also holds the finance portfolio, will present the state budget for 2026-27 on the same day.
On Friday, the House will take up general discussions on the budget, voting on supplementary demands, and the passage of appropriation bills, besides discussions and voting on demands for grants for 2026-27.
Speaker Sharingain Longkumer will also announce the constitution of committees and the panel of chairpersons before the session is adjourned sine die.
The session is significant as it is the first one after the tripartite agreement on the Frontier Nagaland Territory Authority (FNTA) involving the Centre, the state, and the Eastern Nagaland People's Organisation.
On March 3, while replying to a motion of thanks on the governor's address, Rio had informed the House that the government would introduce the FNTA Bill for legislation during the current session.