REGULATORY · MARKET STRUCTURE · INDIA
Himachal CM Sukhu presents ₹54,928-crore 2026–27 budget
Change
Chief Minister Sukhvinder Singh Sukhu presented a ₹54,928-crore budget for Himachal Pradesh's 2026–27 financial year in the state assembly.
Why it matters
The budget totals ₹54,928 crore for the 2026–27 fiscal year and was tabled in the state assembly. The proposal includes an intended ₹3,000-crore investment in tourism. The Chief Minister cited the discontinuation of the revenue deficit grant as having impacted the annual budget and criticised the BJP for not supporting the state; BJP members protested during the speech. The Chief Minister also linked rising LPG prices to the ongoing U.S.-Israel and Iran conflict.
Implications
- · Loss of the revenue deficit grant is presented as reducing the state's available revenue, constraining fiscal space for 2026–27.
- · The proposal earmarks ₹3,000 crore for tourism investment within the 2026–27 spending framework.
Who is affected
- · State finance department and fiscal managers
- · Tourism industry operators in Himachal Pradesh
- · State legislators
Source
Topics
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