Overview
The Haryana CM Nayab Singh Saini tabled the state Budget for FY 2026‑27 on 2 March 2026. The total outlay is ₹2.23 lakh crore, a rise of 10.28 % over the revised allocation of the previous year.
Key Developments
- Capital expenditure earmarked at ₹28,205 crore, representing 12.6 % of the total budget.
- The World Bank approved ₹2,716 crore for the Haryana Clean Air Project.
- Proposal to create a third power distribution company, the Haryana Agri Discom, to serve 5,084 agricultural feeders and 7.12 lakh farm consumers.
- Establishment of the Haryana Green Climate Resilience Fund with a capital provision of ₹100 crore to boost zero‑emission vehicles, renewable energy, water conservation, urban greening and climate‑resilient agriculture.
- Implementation of 60 out of 217 promises made in the party’s poll manifesto.
Important Facts
The budget reflects a strong emphasis on infrastructure and environmental sustainability. The capital expenditure of over ₹28 thousand crore will fund roads, irrigation, and power projects. The climate‑focused allocations signal Haryana’s alignment with national goals on clean energy and air quality improvement.
Exam Relevance
Understanding state‑level fiscal planning is vital for GS 3 (Economy) and GS 4 (Environment). The budget showcases how a state government translates policy promises into financial commitments, a key aspect of federal‑state relations (GS 2). The involvement of the World Bank illustrates international financing mechanisms, relevant for questions on development assistance.
Way Forward
Monitoring the execution of the Agri Discom and the Resilience Fund will reveal the effectiveness of Haryana’s climate strategy. Aspirants should track subsequent legislative debates and audit reports to assess fiscal prudence and policy impact.