Mizoram CM announces ₹15,198 crore budget with key allocations

Mizoram Chief Minister Lalduhoma, who also holds the Finance portfolio, presented the state budget for the financial year 2025-26 in the Legislative Assembly on Tuesday. The budget stands at ₹15,198.76 crore, marking a 5.4% increase from the previous year’s ₹14,412.12 crore. The budget allocates ₹12,540.20 crore (82.51% of the total outlay) for government expenditure, reflecting a 4.88% rise from last year. Capital expenditure for development projects and debt reduction has also increased by 8.29% to ₹2,658.56 crore.

Key Highlights of the Budget

Revenue & Debt Management: Mizoram’s total revenue is projected at ₹15,198.76 crore, with ₹2,616.33 crore expected from the state’s own sources. A ₹155.50 crore surplus will be used for debt repayment, reducing total liabilities by ₹1,003 crore.

Sector-wise Allocation:

General Services: 14.95% increase

Economic Services: 7.27% increase

Capital Expenditure: 8.29% increase

Social Services: 4.4% decline

Major Announcements & Allocations

Taxation Modernization: Strengthening the Taxation Department to improve revenue collection.

Food Subsidy Optimization: ₹20 crore reduction in ration rice purchases to streamline expenses.

Sericulture Boost: Silk prices increased by 16% per kg to support silk farmers.

Healthcare Expansion: Funding for the Mizoram State Healthcare Scheme (MSHS) raised from ₹20 crore to ₹50 crore for timely hospital bill payments and facility upgrades.

Key Infrastructure & Welfare Allocations

₹350 crore for hand-holding schemes (75% rise from last year’s ₹200 crore).

₹500 crore for power purchases (₹50 crore increase from last year) and ₹20 crore for power infrastructure development.

₹100 crore for road construction and improvements.

₹55 crore for the Road Fund Board and ₹15 crore from the Road Maintenance Cess.

₹5 crore set aside for funeral expenses.

MLA fund remains unchanged.

CM Lalduhoma emphasized Mizoram’s commitment to aligning with the Viksit Bharat initiative, ensuring fiscal prudence while prioritizing infrastructure growth, social welfare, and debt reduction. The budget aims to strengthen revenue generation and accelerate development in key sectors.

By Sonakshi Sarkar