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Agriculture & Food

Mizoram tables ₹174.7 billion FY27 budget prioritising agriculture and connectivity

India | March 02, 2026
Federal Reserve Building

Mizoram has proposed a ₹174.7 billion budget for FY2026–27, with allocations focused on agriculture, connectivity and social infrastructure. The plan includes continued funding for farmer support programmes and supplementary grants of ₹37.24 billion for the current fiscal, reflecting a calibrated approach to fiscal management and development spending.

The Government of Mizoram has presented a ₹174.7 billion budget for the 2026-27 financial year in the state assembly. Chief Minister Lalduhoma, who also oversees the finance portfolio, outlined expenditure of ₹170.77 billion against projected revenue receipts of ₹174.7 billion, including ₹86.08 billion expected from central tax devolution, according to official statements. Supplementary demands amounting to ₹37.24 billion were also introduced for the ongoing fiscal year.

The budget places emphasis on strengthening agricultural incomes, transport connectivity and social infrastructure. A key allocation of ₹3.5 billion has been set aside for the Bana Kaih livelihood initiative, with ₹1.5 billion earmarked for procurement of selected crops to provide income assurance to farmers. The programme is designed to support rural households and stabilise farm earnings in a largely agrarian economy.

Mizoram, a northeastern Indian state with a predominantly rural population, relies significantly on central transfers and agriculture-driven livelihoods. The fiscal plan signals a continued focus on inclusive growth while maintaining expenditure discipline.

For businesses and investors, the budget indicates potential opportunities in agri-processing, rural infrastructure, logistics and public works. Enhanced connectivity and procurement-backed farm output could stimulate value chains linked to food processing and regional trade, while steady fiscal management may support longer-term investment planning in the state.

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#Mizoram budget FY27 #Lalduhoma #Bana Kaih scheme #agriculture policy India #state finances #central tax d

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