Nagaland CM Neiphiu Rio Presents Rs 24,849 Crore Budget for FY26.

Budget

In March 2025, Nagaland Chief Minister (CM) Neiphiu Rio, who also holds the finance portfolio, presented a Rs 24,849 crore state budget for the Financial Year 2025-26 (FY26) in the Nagaland Legislative Assembly in Kohima, Nagaland.


      - The budget estimates the total receipts for FY26 at Rs 24,849.01 crore and total expenditure at Rs 24,699.01 crore.

      - CM Rio highlighted that the total development outlay, including Centrally Sponsored Scheme (CSS), stands at Rs 5,819.24 crore for FY26, with Rs 1,200 crore contributed from the state's own resources.

      - This marks an increase of Rs 190 crore compared to the previous year, registering a growth of 18.81%.

Main Point :-   (i) An allocation of Rs 5 crore has been made for the Nagaland Skill Mission, which aims to train 5,000 youth in 2025-26 in self-employment and private-sector employment, with entrepreneurship linked to the Chief Minister’s Micro Finance Initiative (CMMFI).

      (ii) The budget allocates Rs 15 crore for next year's premium of the Chief Minister's Life Insurance Scheme (CMLIS), which was launched on October 1, 2024, with nearly 4 lakh enrollments.


About Nagaland

CM : Neiphiu Rio
Governor: La Ganesan
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