Haryana presents ₹2.23 lakh crore budget for 2026-27
Haryana Chief Minister Nayab Singh Saini, who also holds the finance portfolio, presented a ₹2,23,658 crore budget for 2026-27 in the Vidhan Sabha in Chandigarh on 2 March 2026.
Summary
Haryana Chief Minister Nayab Singh Saini, who also holds the finance portfolio, presented the state budget for 2026-27 in the Vidhan Sabha in Chandigarh on 2 March 2026, with an outlay of ₹2,23,658.17 crore, 10.28% higher than the revised estimate of ₹2,02,816.66 crore for 2025-26. Capital expenditure is set at ₹28,205 crore. The fiscal deficit is estimated at ₹40,293.17 crore, or 2.65% of the state's GDP, within the 3% ceiling of the FRBM Act, 2003. Saini proposed a third power distribution company, the Haryana Agri DISCOM, to serve all 5,084 agricultural feeders and 7.12 lakh farm consumers. The speech also repeated the goal of a one-trillion-dollar Haryana economy by 2047.
Key facts
- Date and place
- 2 March 2026, Haryana Vidhan Sabha, Chandigarh
- Outlay
- ₹2,23,658.17 crore (+10.28% over RE 2025-26)
- Capex
- ₹28,205 crore
- Fiscal deficit
- ₹40,293.17 crore; 2.65% of GSDP
- New DISCOM
- Haryana Agri DISCOM — 5,084 agri feeders, 7.12 lakh consumers
- Goal
- US$1 trillion economy by 2047
Practice MCQs 3 questions
What is the total outlay of Haryana's budget for 2026-27, presented on 2 March 2026?
Show answer
Correct answer: D — About ₹2.23 lakh crore
The 2026-27 budget outlay is ₹2,23,658.17 crore, about ₹2.23 lakh crore.
Haryana's 2026-27 budget proposed a new 'Haryana Agri DISCOM'. What will it serve?
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Correct answer: A — All agricultural feeders and farm consumers
The Haryana Agri DISCOM, the state's third distribution company, will serve all 5,084 agricultural feeders and 7.12 lakh agricultural consumers.
Consider the following statements about Haryana's budget 2026-27: 1. The fiscal deficit is estimated at 2.65% of the state's GDP. 2. Under the FRBM Act, 2003, a state's fiscal deficit should stay below 3% of its GDP, as cited in the budget speech. Which of the above is/are correct?
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Correct answer: C — Both 1 and 2
Both are correct. The speech puts the fiscal deficit at ₹40,293.17 crore (2.65% of GDP) and cites the FRBM Act, 2003 ceiling of 3%.