Summary
Highlights
The session begins by highlighting the significance of understanding the Haryana Budget for upcoming exams, noting that it can account for 2-4 questions in a 25-question paper, especially when combined with the economic survey. The discussion uses official Haryana government documents to explain the budget in an accessible manner.
The budget outlines five strategic points for Haryana's development until 2031. These include an increase in Haryana's share of central taxes to 1.361% (from 1.093%), major projects funded by the World Bank (€2716 crore for Clean Air, €5715 crore for Water Secure, and €474 crore for AI Mission), future readiness initiatives for four departments with €1837 crore allocation, gender and elderly-focused budgets by 2047, and a reduction in net debt from 10.3% in 2014-15 to 4.9% in 2024-25, projected to be €4148 crore by 2026-27.
The total budget presented for 2025-26 is €2,36,58 crore, an increase of 10.28% compared to the revised estimate. Sector-wise contributions to the economy are 16.9% from the primary sector (agriculture and allied services), 29.1% from the secondary sector, and an estimated 54% from the tertiary sector.
Twelve major proposals include establishing Haryana Agri Discom for electricity supply, creating six new jobs in every Gram Sabha, promoting solar energy for government buildings and cowsheds, a Saksham Fund of €500 crore for urban infrastructure in 10 cities, establishing model examination centers starting in Kurukshetra by December 25, 2026, and launching the Haryana Green Climate Resilience Fund with €100 crore. Other proposals involve HPV vaccination for 3 lakh girls, an AI Innovation Challenge, employment subsidies under 'Make in Haryana', increased minimum wages for untrained workers, a new mission to end Yamuna pollution, and developing Hisar as a model district.
Haryana's State Gross Domestic Product (GSDP) growth rate is projected at 9.5% at constant prices (base year 2011-12), which is higher than the national GDP of 7.4%. Revenue receipts for 2025-26 are 14% higher than the previous year, totaling €1,46,163 crore, with a revenue deficit to GSDP ratio of 0.87%. Haryana ranks among leading states with the highest per capita income, estimated at €3,95,618, surpassing the national average.
Budget allocation shows 21% for economic services (agriculture 10.8%, transport 4.19%, rural development 3.93%), 15% for general services (administration 4%, pensions 8%), and 29% for debt repayment. The largest share, 34%, is allocated to social services, including education and sports (€23,603 crore), social justice and empowerment (€17,250 crore), health and medical education (€147 crore), and home, civilian security, and jails (€8475 crore). Agriculture and allied services receive €8319 crore, women and child development €6868 crore, and environment, forest, wildlife, and climate change €741 crore.