Tuesday, March 18, 2025
Haryana

Nayab Sarkar unveils ‘Nayaab’ Budget 2025-26: No New Taxes, A 13.7% Increase to Boost State Economy

March 17, 2025 11:02 PM
Nayab Sarkar unveils ‘Nayaab’ Budget 2025-26: No New Taxes, A 13.7% Increase to Boost State Economy

CM presents a budget of over Rs. 2 lakh 5 crore

Punjab Newsline, Chandigarh, March 17 -

Haryana CM Nayab Singh Saini, who also holds the portfolio of Finance Minister, on Monday presented a budget of Rs. 2,05,017.29 crore for the financial year 2025-26 during the ongoing budget session of the Haryana Vidhan Sabha, which is 13.7% more than the 2024-25 budget. In this year's budget, no new taxes have been imposed, providing relief to the citizens. This budget reflects the priorities and aspirations of every section of Haryana's population.

In the year 2014-2015, the Gross Domestic Product (GDP) of Haryana was Rs 4,37,145 crore, whereas the estimated GDP of Haryana for the year 2024-25 is Rs 12,13,951 crore. Similarly, in 2014-15, Haryana's per capita income was Rs 1,47,382, while the estimated per capita income for the year 2024-25 is Rs 3,53,182.

Over the past 10 years, the State's GDP has grown at an average annual rate of 10.8 percent

The Chief Minister said that as a result of the state government’s hard work over the past 10 years, the State's GDP has grown at an average annual rate of 10.8 percent, and the per capita income has increased at an average annual rate of 9.1 percent.

 

 

 

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