Shimla, Feb. 1 -- Himachal Pradesh is expected to receive an estimated Rs 1.3 lakh crore during the five-year award period 2026-27 to 2030-31 under the Sixteenth Finance Commission, indicating a significant rise in central transfers compared to the previous Finance Commission cycle.
The estimate is based on the first-year allocation figures and prevailing trends in tax devolution and grants-in-aid.
As per the Budget Estimates for 2026-27 presented by union Minister Nirmala Sitharaman, Himachal Pradesh's share in central taxes has been pegged at around Rs 13,950 crore, following the continuation of 41 per cent devolution of the divisible pool to states. This amount forms the base for calculating the likely transfers over the full five-year...