Shimla, March 18 -- Himachal Chief Minister Sukhvinder Singh Sukhu on Monday presented the annual Budget of Rs 58,514 crore for 2025-26 with focus on tourism, rural development and green energy.
Presenting his third Budget for, Sukhu, who also holds charge of the Finance Department, said the year 2025-26 is full of financial challenges as revenue deficit grant has been reduced and GST compensation has been stopped which will impact the state's economy.
The Revenue Deficit Grant (RDG) has been reduced from Rs 10,949 crore in 2021-22 to Rs 3,257 in 2025-26, while Himachal Pradesh incurred a loss of Rs 9,478 crore till 2023-24, despite Good and service Tax (GST) compensation given by the centre to the state, he said.
The government will foc...