Meghalaya Chief Minister Presents Rs 2,672 Cr-Deficit Budget
Meghalaya Chief Minister Conrad K. Sangma on Monday presented the Budget for 2026–27 in the Meghalaya Legislative Assembly with a fiscal deficit of Rs 2,672 crore, which is about 3.5 percent of the state’s Gross State Domestic Product (GSDP), remaining within the permissible limit.The total expenditure for the financial year has been estimated at Rs 32,023 crore, including Rs 21,812 crore under revenue expenditure and Rs 10,211 crore under capital expenditure. Excluding loan repayments of Rs 2,731 crore, the effective expenditure stands at Rs 29,293 crore.Interest payments are estimated at Rs 1,540 crore, while pension payments are projected at Rs 1,980 crore. The state is expected to record a revenue surplus of Rs 4,771 crore with a closing balance of Rs 714 crore.Presenting his ninth co...










