CM Sukhu Takes Himachal Fiscal Needs to Union Finance Minister

Date:

Share post:

CM Sukhu met Union Finance Minister Nirmala Sitharaman in New Delhi to outline Himachal Pradesh’s mounting financial pressures and request enhanced Central support. With the discontinuation of the Revenue Deficit Grant (RDG) starting in FY 2026–27 creating an annual gap of approximately ₹8,000 crore, CM Sukhu urged the Centre to raise the state’s borrowing ceiling from 3% to 4% of GSDP. Pointing to the steep costs of building infrastructure in disaster-prone terrain, he also called for doubling the allocation under Externally Aided Projects (EAPs) and exempting vendor payments under the SASCI scheme from the SNA-SPARSH system.

Highlighting the state’s self-help measures, CM Sukhu noted that Himachal is the first state to implement a Minimum Support Price (MSP) for natural farming to boost rural household incomes and build economic resilience. Union Finance Minister Nirmala Sitharaman assured sympathetic consideration of the state’s proposals, promising appropriate Central support and additional aid under Special Central Assistance to help stabilize Himachal’s fiscal position.

Himachal Secures National Honour for Achieving Fully Literate State Status

Sponsored

Daily News Bulletin

Nurturing Creativity – Keekli Charitable Trust, Shimla

Related articles

Veteran Journalist Raju Santhanam to Deliver Inaugural Prof. Vepa Rao Memorial Lecture in Shimla

Deputy Chief Minister Mukesh Agnihotri to Attend as Chief Guest; Lecture to Honour the Legacy of Eminent Journalism...

This Day In History

1886 U.S. President Grover Cleveland officially dedicated the Statue of Liberty on Liberty Island in New York Harbor, presented...

Today, 28 Oct, 2026 : International Animation Day

Celebrated globally every year on October 28, International Animation Day commemorates the historic public debut of Charles-Émile Reynaud’s...

Resource Management: MNRE Auctions Obsolete E-Waste Items

The Ministry of New and Renewable Energy (MNRE) is driving a focused initiative for the systematic collection, segregation,...