Himachal Budget 2026-27: Rs 58,830 Crore Approved

Shimla, Mar 30 (PTI) The Himachal Pradesh Assembly on Monday passed the budget for 2026-27 and the related Appropriation Bill 2026, authorising the government to spend Rs 58,830.30 crore from the consolidated fund.

The revenue deficit in the budget presented by Chief Minister Sukhvinder Singh Sukhu on March 21 was estimated at Rs 6,577 crore while the fiscal deficit was pegged at Rs 9,698 crore, which was 3.49 per cent of Gross State Domestic Product (GSDP) and within permissible limits.


Of every Rs 100, Rs 8 would be spent on committed liabilities like, salaries, pension, interest, loan repayment, and only Rs 20 would be spent on developmental activities.

In view of grim financial situation of the state and discontinuation of revenue deficit grants by the 16th Finance Commission, the chief minister decided to defer his 50 per cent salary for six months and the salary of deputy CM and other ministers by 30 per cent and MLAs by 20 per cent.