Mizoram CM tables Rs 17,470 crore budget

Mizoram CM Lalduhoma on Thursday presented a Rs 17,469.91 crore budget for the 2026-2027 fiscal in the state assembly, with focus on improving social infrastructure and boosting the agriculture sector. The CM also presented the supplementary demands for grants for the current fiscal, amounting to Rs 3,724.25 crore. Presenting his third budget after the 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 livelihoods of farmers. He said the Mizoram government allocated Rs 350 crore for implementation of the scheme, and out of this, Rs 150 crore has been earmarked for procurement of designated key crops.
Lalduhoma said 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 expenditure is estimated at 17,076.92 crore.
“The total receipts exceed the gross total expenditure by Rs 392.99 crore, and this surplus is to be used for reduction of 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 Rs 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 Rs 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 Rs 14,094.47 crore, a 13.18 per cent hike over the current fiscal estimate, he said.