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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 Haryana government is set to launch the Haryana AI Mission, with one hub each in Gurugram and Panchkula, to train over 50,000 youth and professionals in artificial intelligence and emerging technologies. (Parveen Kumar/HT Photo)
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Chief minister Sukhvinder Singh Sukhu before presenting the Himachal Pradesh budget in Shimla on Monday. He drove his personal Maruti Alto car to the Vidhan Sabha from his official residence, Oakover. (Deepak Sansta/HT)
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Overview

  • 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.