Chhattisgarh unveils ₹1.72 lakh crore budget with inclusive growth focus
Chhattisgarh unveils ₹1.72 lakh crore budget with inclusive growth focus
Chhattisgarh announces a ₹1.72 lakh crore budget for 2026-27, pledging inclusive development, infrastructure push, and targeted subsidies to farmers, women, and youth.
Chhattisgarh will roll out a ₹1,72,000 crore budget for 2026–27, with the Gross State Domestic Product projected at ₹7,09,553 crore, marking a 12.4% expansion from the previous year. The government aims to accelerate growth while ensuring balanced regional development and a future-ready workforce. The plan lays out a clear focus on reaching weaker sections, including farmers, women, youth, and Scheduled Tribes, while maintaining fiscal discipline.
The budget allocates ₹1,72,000 crore in total receipts and expenditure, with revenue expenditure pegged at ₹1,45,000 crore. The fiscal deficit is estimated at ₹20,400 crore, or about 2.87% of GSDP, and the revenue deficit is projected at ₹2,000 crore. Major allocations include ₹6,700 crore for energy subsidies, including free electricity for agricultural pumps up to 5 HP and relief for domestic consumers. Rural housing under Pradhan Mantri Awas Yojana gets ₹4,000 crore, and PM Janman Yojana for Particularly Vulnerable Tribal Groups is allotted ₹720 crore.
Education remains a priority with ₹22,380 crore for school education, rural development and panchayats receiving ₹16,560 crore, agriculture ₹13,507 crore, and health and medical education ₹8,050 crore. The administration also launched several new missions, including the AI Mission, Sports Excellence Mission, Tourism Development Mission, Infrastructure Mission, and Startup and NIPUN Mission, with a commitment to allocate at least ₹100 crore annually to each over the next five years.
Finance Minister OP Choudhary highlighted that the budget has grown dramatically since statehood, underscoring a trajectory of expanding public services and investment. The plan emphasizes inclusive growth and accelerated infrastructure to boost investment while keeping a tight rein on deficits, reflecting a pragmatic approach to long-term development.