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Lalduhoma, the Chief Minister of Mizoram, is scheduled to unveil the state's inaugural budget on February 27

  • Posted on February 12, 2024
  • Government
  • By Arijit Dutta
  • 455 Views

Mizoram's Chief Minister Lalduhoma, also the Finance Minister, will unveil the state's first budget for 2024-25 on February 27 in the assembly. The budget session, starting February 19, will see Governor Hari Babu Kambhampati's address and discussions until March 13.

Lalduhoma, the Chief Minister of Mizoram, is scheduled to unveil the state's inaugural budget on February 27 Image Source -www.financialexpress.com

Mizoram is gearing up for a significant milestone as Chief Minister Lalduhoma prepares to present the state's inaugural budget on February 27. This budget holds immense importance as it marks the beginning of a new fiscal era under the Zoram People's Movement (ZPM) government. Lalduhoma, who also serves as the Finance Minister, will unveil the financial roadmap for Mizoram for the fiscal year 2024-25. This momentous occasion is eagerly anticipated by both policymakers and citizens alike, as it sets the tone for the state's economic priorities and development agenda.

The budget session, commencing on February 19, will provide a platform for comprehensive discussions on Mizoram's fiscal policies and allocations. Assembly Commissioner and Secretary Vanlalthantlingi revealed that the session, extending until March 13, will accommodate deliberations on various aspects of the proposed budget. This extended timeframe reflects the government's commitment to ensuring thorough scrutiny and debate on financial matters that impact the state's progress.

Amidst the anticipation surrounding the budget presentation, Governor Hari Babu Kambhampati is scheduled to deliver his customary gubernatorial address on the first day of the session. This address is expected to outline the broader policy objectives and priorities of the ZPM government, providing context for the subsequent budget discussions.

Lalduhoma's role as both the Chief Minister and Finance Minister underscores the significance of this budget presentation. His leadership will be instrumental in shaping Mizoram's economic trajectory and addressing key challenges faced by the state. The budget is expected to encompass a wide range of sectors, including healthcare, education, infrastructure, and agriculture, reflecting the government's holistic approach to development.

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Furthermore, Lalduhoma will also table supplementary demands for the fiscal year 2023-24, highlighting the government's commitment to addressing immediate financial needs and ensuring effective utilization of resources. This comprehensive approach underscores the government's focus on fiscal prudence and accountability, essential for sustainable development and growth.

As Mizoram braces for this historic budget announcement, stakeholders across the state eagerly await the unveiling of the financial allocations and policy priorities that will shape the state's future. The budget presentation on February 27th will not only signify the beginning of a new fiscal year but also serve as a testament to the ZPM government's commitment to inclusive and sustainable development in Mizoram.

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Arijit Dutta

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