Assam govt. tables ₹2,85,084 crore Budget for FY27
The Assam government has presented a ₹2,85,084 crore budget for the 2026-27 fiscal year, focusing on fiscal deficit reduction and economic growth. Key proposals include tax relief for small tea growers and a significant reduction in VAT on piped natural gas.
Why it matters
The budget reflects the state's strategy to balance infrastructure spending with targeted relief for specific economic sectors.
The Assam government on Friday (July 10, 2026) presented a ₹2,85,084 crore Budget for the 2026-27 financial year and proposed to raise the tax exemption limit for small tea growers by four times and cut VAT on piped natural gas by almost 10 percentage points.
Presenting his maiden Budget, Assam Finance Minister Jayanta Malla Baruah also announced to continue all the major schemes rolled out during the last five years, while stating that he aims to cut Budget deficit to ₹419 crore.
"The Budget estimates of financial year 2026-27 show a receipt of ₹1,51,843.23 crore under the consolidated fund of the state... After adding the receipt of ₹1,34,466.22 crore under public account and ₹2,000 crore under contingency fund, the aggregate receipts amount to ₹2,88,309.45 crore," he added.
As against this, the total expenditure from the consolidated fund in the 2026-27 fiscal is estimated at ₹1,56,714.88 crore, Baruah said.
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