Nagaland CM Rio presents Rs 337cr deficit budget for 2026-27
During a pivotal session, Nagaland's Chief Minister Neiphiu Rio introduced the state’s budget for 2026-27, totaling a notable Rs 337.04 crore deficit. Although a net surplus was anticipated, an unfavorable opening balance contributed to the shortfall. The budget prioritizes fiscal stability, improved revenue mechanisms, and focused initiatives aimed at energizing local economies, uplifting youth potential, and supporting sustainable development.
