CM Nayab Singh Saini presents Haryana Budget 2026-27 with ₹2.23 crore allocation, focusing on rural economy, farmers’ welfare, and infrastructure development.
Haryana Chief Minister Nayab Singh Saini on Monday presented the Haryana Budget 2026-27, allocating a total of ₹2.23 crore for the upcoming fiscal year. This budget emphasizes strengthening the rural economy and supporting agricultural development across the state. CM Saini announced the establishment of a third electricity distribution company, Haryana Agri Discom, aimed at catering specifically to farmers’ needs.
With the new Haryana Agri Discom, 5,084 agricultural feeders will be managed, ensuring uninterrupted power supply to 7.12 lakh consumers. Farmers will also benefit from new tubewell connections. This new distribution company will join the existing electricity distributors, UHBVN (Uttar Haryana Bijli Vitran Nigam) and DHBVN (Dakshin Haryana Bijli Vitran Nigam).
Industrial Growth and Special Funds
To boost industrial development, CM Saini proposed a ₹500 crore special fund called ‘Saksham’. The fund aims to strengthen infrastructure in selected cities, encourage industrial activities, and support the local economy. Highlighting his second budget, CM Saini also noted that the state’s fiscal deficit is expected to be ₹40,293.17 crore, which is 2.65% of the GDP. Revenue deficit is projected at 0.87%, while effective revenue deficit is estimated at 0.41%. Capital expenditure accounts for 1.86% of GDP, with effective capital expenditure at 2.32%.
Focus on Rural Economy and Infrastructure
While presenting the Haryana Budget 2026-27, CM Nayab Singh Saini emphasized increased capital investment to accelerate infrastructure development. The budget allocates ₹28,205 crore for capital expenditure, representing 12.6% of the total budget, while effective capital expenditure reaches ₹35,216 crore (15.7%). This is an increase compared to ₹27,650 crore (13.6% of total budget) in FY 2025-26.
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CM Saini also highlighted Haryana’s significant role in India’s growing economy and reiterated the goal of transforming Haryana into a trillion-dollar economy by 2047. For the first time in the state’s history, 98% of the previous fiscal year’s budget was successfully utilized, showing improved financial management.
Per Capita Income and Economic Growth
In his speech, CM Nayab Singh Saini stated that Haryana’s economic condition is improving and the state leads among major states in per capita income. The per capita income increased from ₹1,47,382 in 2014-15 to ₹3,24,958 in 2023-24. It further rose to ₹3,58,171 in 2024-25, against the national average of ₹2,19,575. The estimate for 2025-26 is ₹3,95,618. The CM also mentioned that the fiscal deficit growth between 2014 and 2024 was only 2.75%, compared to a 44% increase during the previous government’s tenure.
Haryana Budget 2026-27: Focus Keyword Integration
The Haryana Budget 2026-27 by CM Nayab Singh Saini has clearly prioritized the rural economy, industrial development, and farmers’ welfare. Experts believe that the new initiatives in the Haryana Budget 2026-27 will significantly boost local agriculture and infrastructure. With effective measures for capital expenditure, Haryana Budget 2026-27 ensures a stronger economic future for rural communities. CM Saini’s second budget has effectively highlighted the government’s commitment to both economic growth and social welfare.
The Haryana Budget 2026-27 marks a historic step toward sustainable development, balancing fiscal responsibility with targeted investments in agriculture, industry, and infrastructure.
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