Mizoram CM Lalduhoma To Present 2025-2026 Annual Budget On March 4

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Mizoram CM Lalduhoma to present annual budget on March 4.
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Mizoram Chief Minister Lalduhoma, who also holds the finance portfolio, is set to present the state annual budget for the 2025-2026 financial year on March 4 in the Mizoram Legislative Assembly. This will be his second budget presentation since the Zoram People’s Movement (ZPM) assumed power in December 2023.

The budget session will commence on February 19, with Mizoram Governor Gen. Vijay Kumar Singh delivering his customary gubernatorial address to set the legislative agenda. The session will continue until March 20, though the Business Advisory Committee (BAC) retains the authority to extend or shorten it based on legislative requirements.

This budget is expected to lay out the ZPM government’s economic vision, policy priorities, and developmental roadmap for Mizoram, addressing key concerns such as infrastructure growth, fiscal management, employment generation, and social welfare programs.

Key Highlights of the Mizoram Budget Session 2025-2026

  • Session Commencement: February 19, 2025
  • Governor’s Address: February 19, 2025
  • Budget Presentation by CM Lalduhoma: March 4, 2025
  • Scheduled Conclusion: March 20, 2025 (subject to change by BAC)

The Business Advisory Committee (BAC), chaired by Assembly Speaker Lalbiakzama, held a meeting attended by representatives of all legislative parties to finalize the agenda for the budget session. Discussions in the assembly will focus on financial planning, governance policies, and economic development initiatives for the upcoming fiscal year.

Lalduhoma’s Second Budget as Mizoram CM

Since assuming office in December 2023, Chief Minister Lalduhoma has emphasized economic reforms, infrastructure modernization, financial discipline, and welfare programs. His first budget, presented in 2024, introduced measures to boost job creation, education, healthcare, and rural development.

The 2025-2026 Mizoram Budget is expected to build on these foundations, outlining strategies for:

  1. Infrastructure Development – Expanding road networks, urban infrastructure, and connectivity projects to boost economic activities.
  2. Education and Healthcare – Improving school infrastructure, enhancing healthcare services, and investing in medical facilities.
  3. Agriculture and Rural Economy – Supporting farmers, self-reliance programs, and rural economic initiatives to sustain livelihoods.
  4. Employment and Youth Programs – Strengthening job creation schemes, vocational training, and entrepreneurship programs.
  5. Financial Reforms – Promoting fiscal responsibility, efficient resource allocation, and revenue generation strategies.

Given Mizoram’s dependence on central funds, Lalduhoma’s budget will likely include provisions for enhancing state revenue generation through industrial development, tourism promotion, and improved tax collection mechanisms.

Governor Gen. Vijay Kumar Singh’s Address

Governor Gen. Vijay Kumar Singh will deliver his customary gubernatorial address on February 19, marking the official commencement of the budget session. His speech will highlight:

  • State governance priorities and reforms
  • Economic performance and growth outlook
  • Welfare and development programs for various sectors
  • Infrastructure and industrial projects planned for 2025-2026

The Governor’s address will serve as a policy guideline for the assembly’s discussions, offering insights into the ZPM government’s governance framework and upcoming initiatives.

Business Advisory Committee (BAC) and Legislative Agenda

The Business Advisory Committee (BAC) is responsible for planning the agenda of the legislative session. In the latest BAC meeting chaired by Speaker Lalbiakzama, the committee finalized key topics for discussion, including:

  • Legislative Debates – Deliberations on governance, economic policies, and reforms.
  • Policy Reviews – Evaluations of past budgetary implementations and their impact.
  • Budget Allocations – Discussions on financial planning and fund distribution across sectors.

Assembly officials have confirmed that while the session is scheduled to end on March 20, the BAC retains the authority to extend or shorten the session based on legislative priorities.

What to Expect from Mizoram’s 2025-2026 Budget?

The Mizoram Budget 2025-2026 is expected to focus on economic stability, fiscal responsibility, and sustainable development. The ZPM government has consistently advocated for transparent financial management and pro-people policies, ensuring that public funds are utilized efficiently.

Key expectations from the budget include:

  1. Revenue Generation and Fiscal Management – Strategies to increase state revenue and ensure financial stability.
  2. Social Welfare Programs – Expansion of education, healthcare, and rural development initiatives.
  3. Economic Growth and Investment – Policies to attract business investments and boost state GDP.
  4. Infrastructure Expansion – Investments in roads, energy, and urban development projects.
  5. Environmental Sustainability – Initiatives for eco-friendly development and disaster preparedness.

Given Mizoram’s dependence on central financial assistance, the government may introduce new economic strategies to enhance self-sufficiency while securing more funds from the central government’s allocation schemes.

Challenges and Opportunities for Mizoram’s Economy

While Mizoram’s economy has shown steady growth, the state faces several challenges, including:

  • Limited industrial development and investment
  • Dependency on central financial aid
  • Infrastructure deficits in remote areas
  • Employment generation for a growing youth population

However, the 2025-2026 Budget presents an opportunity for the ZPM government to implement long-term economic reforms that enhance financial independence and industrial growth. Mizoram’s potential in agriculture, tourism, and small-scale industries can be further leveraged for economic expansion.

The government may also explore public-private partnerships (PPPs) to attract investment in key sectors like infrastructure, renewable energy, and technology.

With the Mizoram Budget Session 2025-2026 set to commence on February 19, all eyes will be on CM Lalduhoma as he presents his second annual budget on March 4. The Business Advisory Committee (BAC) has ensured a structured legislative session that will focus on economic policies, development programs, and governance reforms.

As Mizoram continues its journey towards financial stability and sustainable development, the 2025-2026 budget will play a crucial role in shaping the state’s economic future. The discussions and decisions made during this session will determine the growth trajectory of Mizoram, impacting industries, employment, and public welfare for the coming years.

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