Himachal Pradesh Unveils ₹58,514-Crore Budget with Focus on Tourism, Green Energy, and Rural Growth
Chief Minister Sukhvinder Singh Sukhu outlines strategies to tackle fiscal challenges while prioritizing eco-tourism, natural farming, and infrastructure development.
- The ₹58,514-crore budget for 2025-26 emphasizes tourism, rural development, green energy, and sustainable farming to drive growth in Himachal Pradesh.
- Chief Minister Sukhu highlighted financial hurdles, including reduced revenue deficit grants and discontinued GST compensation, as key challenges for the state.
- Support for farmers includes a ₹6 increase in the minimum support price for milk and a new ₹90/kg MSP for raw turmeric grown through natural farming.
- Tourism initiatives include eco-tourism expansion, religious tourism promotion, and the development of 78 additional eco-tourism sites, with an expected revenue of ₹200 crore over five years.
- Infrastructure plans feature the procurement of 500 electric buses and the launch of the Shimla Ropeway project to enhance sustainable transport.