Haryana CM Nayab Singh Saini Presents ₹2.05 Lakh Crore Budget for 2025-26
Haryana Chief Minister Nayab Singh Saini, who also holds the finance portfolio, presented a ₹2.05 lakh crore budget for the 2025-26 financial year in the assembly on Monday, marking a 13.7% increase from the revised estimates of 2024-25. He highlighted that 30.26% of the consolidated fund would be allocated for debt repayment, including 17.46% for the principal amount and 12.8% for interest. The budget also proposed the Haryana Artificial Intelligence Mission with ₹474 crore in World Bank assistance and the SANKALP programme to combat substance abuse.
The chief minister announced key agricultural reforms, including an increase in subsidies for direct paddy sowing from ₹4,000 to ₹4,500 per acre and an increase in the Mera Pani Meri Virasat Yojana subsidy from ₹7,000 to ₹8,000 per acre. Women farmers engaged in dairy, horticulture, and fisheries would receive interest-free loans of ₹1 lakh. Additionally, three new centres of excellence for litchi, strawberry, and date palm would be set up in Ambala, Yamunanagar, and Hisar, respectively.
Saini also proposed a horticulture policy for farmer producer organisations (FPOs) and announced that a cow sanctuary would be established in every district. A ₹5-crore grant was allocated for building 51 sheds in registered cow shelters. The budget reflects the government’s focus on technological advancements, agricultural growth, and social welfare initiatives.
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