Itanagar: Arunachal Pradesh Deputy Chief Minister Chowna Mein, who also holds the finance, planning, and investment portfolios, presented the state’s budget for the fiscal year 2025-26 in the Assembly on Monday.
The budget, with a total outlay of Rs. 39,842.23 crore, emphasizes social and economic empowerment alongside investments in infrastructure and innovation.
The state has projected revenue receipts of Rs. 34,544.07 crore and capital receipts of Rs. 5,298.16 crore, marking an 11.16% increase from the Rs. 35,840.79 crore budgeted for FY 2024-25.
Revenue expenditure for FY 2025-26 is estimated at Rs. 29,963.33 crore, rising from Rs. 25,931.87 crore in the previous year, while capital expenditure, including loans, is set at Rs. 9,878.90 crore, up from Rs. 9,533.34 crore in 2024-25.
Mein highlighted that the fiscal deficit of Rs. 966.65 crore, amounting to 2.02% of the Gross State Domestic Product (GSDP), adheres to the fiscal responsibility targets outlined under the Arunachal Pradesh FRBM Act, 2006.
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Presenting the budget, he underscored its foundation on four key pillars: investment in people, infrastructure, the economy, and innovation.
He stated that the vision for a ‘Viksit Arunachal’ aligns with the Union Budget’s goals and aims to achieve zero poverty, universal quality education, accessible and affordable healthcare, full employment through skilled labour, economic inclusion for over 70% of women, and a transformation of farmers into key contributors to making Arunachal Pradesh the fruit bowl of India.
He emphasised the government’s commitment to increasing capital expenditure to create socially and economically productive assets that will drive inclusive development.