Meghalaya CM Unveils Rs 32,023 Crore Budget for FY27, No New Taxes
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Meghalaya CM Presents Rs 32,023-Cr Budget for FY'27, No New Tax Proposed
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News18•23-02-2026, 20:15
Meghalaya CM Presents Rs 32,023-Cr Budget for FY'27, No New Tax Proposed
•Meghalaya CM Conrad K Sangma presented a Rs 32,023-crore budget for FY 2026-27, projecting a fiscal deficit of 3.5% of GSDP.
•No new taxes were announced; the budget aims to balance fiscal discipline with accelerated growth under 'Vision 2032'.
•Key allocations include Rs 127 crore for a new 1,000-day mission to tackle child malnutrition and Rs 244 crore for nutrition programs.
•Capital expenditure crossed Rs 10,000 crore for the first time, driven by improved tax mobilization and strategic use of central schemes.
•The budget focuses on agriculture, tourism, sports (ahead of 39th National Games), entrepreneurship, urban development, and social sectors like health and education.
