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Himachal Pradesh Unveils Rs 58,514 Crore Budget for FY 2025-26 with Focus on Tourism, Green Energy, and Rural Development

Himachal Pradesh Unveils Rs 58,514 Crore Budget for FY 2025-26 with Focus on Tourism, Green Energy, and Rural Development
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Himachal Pradesh Unveils Rs 58,514 Crore Budget for FY 2025-26 with Focus on Tourism, Green Energy, and Rural Development

AspectDetails
Budget SizeRs 58,514 crore for FY 2025-26
Financial ChallengesRevenue Deficit Grant reduced to Rs 3,257 crore; Loss of Rs 9,478 crore due to GST compensation withdrawal
State DebtRs 1,04,729 crore total debt; Rs 29,046 crore borrowed by present government
Tourism Boost78 new eco-tourism sites planned; Tea estates to be developed as eco-tourism destinations
Green Energy500 electric buses to be purchased; Shimla Ropeway Project to start in FY26
Environmental ConservationHimachal Pradesh's ecological services valued at Rs 90,000 crore annually
Farmers' SupportMilk MSP Hike: Cow milk Rs 51/litre, Buffalo milk Rs 61/litre; 1 lakh farmers to be included in natural farming
Spice ParkTo be set up in Hamirpur for promoting spice farming
Wage Hike (MGNREGA)Increased from Rs 300 to Rs 320 per day
Senior Citizen PensionPension arrears for 70-75 years age group to be cleared in May 2025

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