Mizoram Chief Minister Lalduhoma presented a budget of Rs. 17,469.91 crore for the financial year 2026-2027 in the state Assembly, focusing on improving social infrastructure, connectivity, the agricultural sector, and enhancing anti-drug efforts.
The Chief Minister also presented supplementary demands for grants for the current fiscal (2025-26) amounting to Rs. 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, stated that the government will continue to implement its flagship "Bana Kaih" (Handholding) scheme to improve the livelihoods of farmers.
He said that the government has allocated Rs. 350 crore for the implementation of the flagship scheme, and of this, Rs. 150 crore is specifically earmarked for the procurement of designated key crops.
Citing that his government is committed to combating the menace of drug trafficking and substance abuse, a new budget head "Anti-Narcotics Activities" has been created under the Excise department with a total allocation of Rs. 40 lakh to accelerate targeted enforcement, awareness campaigns, and coordinated actions against illegal drug trafficking and substance abuse.
Lalduhoma informed the Assembly that the total revenue receipts, including Rs. 8,608.08 crore of Central tax devolution, are projected at Rs. 17,469.91 crore, while the total expenditures are estimated at Rs. 17,076.92 crore.
"Total receipts exceed the gross total expenditure by Rs. 392.99 crore, and this surplus is to be used for the reduction of Public Account liabilities," he said.
According to the Chief Minister, the total fund earmarked for capital expenditure is Rs. 2,982.44 crore, which is 12.18 per cent higher than the current year budget of Rs. 2,658.56 crore and accounts for 17.46 per cent of the total expenditure for 2026-27.
He said that the total revenue expenditure for 2026-27 is projected at Rs. 14,094.47 crore, indicating a 13.18 per cent increase over the current fiscal estimate and it accounts for 82.53 per cent of the total expenditure for the coming financial year.