In a significant development for Mizoram's fiscal planning, Chief Minister Lalduhoma, who also holds the finance portfolio, is set to present the state's annual budget for the financial year 2026-2027. This presentation will take place in the state legislative assembly on February 19, as confirmed by official sources.
Budget Session Schedule and Key Dates
The decision was finalized by the assembly's business advisory committee (BAC), which is chaired by Speaker Lalbiakzama. The committee met on Thursday to outline the proceedings for the upcoming budget session, marking the sixth session of the ninth state assembly.
According to the schedule, the budget session will commence on February 17 with Governor Gen. Vijay Kumar Singh delivering his customary address. The following day, February 18, will see the assembly discuss and debate the motion of thanks in response to the governor's speech.
Detailed Discussion Timeline
General discussions on the budget are scheduled for February 23 and 24. These will be followed by government business and demand-wise discussions, ensuring a thorough examination of the fiscal proposals. The session is currently planned to continue until March 12, though the House retains the option to extend or curtail it based on further decisions.
Political Context and Historical Significance
This budget presentation holds particular importance as it will be the third budget presented by Chief Minister Lalduhoma since the Zoram People's Movement (ZPM) assumed power in Mizoram on December 8, 2023. It reflects the ongoing governance and economic strategies of the ruling party.
In addition to the main budget, the session will also address the supplementary demand for grants for the 2025-2026 financial year, highlighting adjustments and additional allocations needed for the current fiscal period.
Composition of the Business Advisory Committee
The BAC, instrumental in planning the session, includes key political figures such as parliamentary affairs minister Vanlalhlana, leader of opposition Lalchhandama Ralte, BJP legislature party leader K Beichhua, and Congress's C Ngunlianchunga. Senior officials from the assembly secretariat also participate, ensuring a collaborative approach to legislative business.
Preparations and Anticipated Debates
The assembly secretariat has reported receiving 749 starred questions for oral replies and 287 unstarred questions for written replies, indicating active engagement from legislators. Furthermore, five amendment bills have been submitted so far, adding to the agenda.
Officials anticipate that the budget session could become stormy, with opposition parties planning to raise contentious issues. A primary focus is expected to be the alleged land scam linked to the acquisition of land in the Lengpui area near Aizawl for an Indian Air Force establishment. This controversy may spark heated debates and scrutiny during the discussions.
As Mizoram prepares for this critical fiscal event, all eyes are on the assembly to see how the budget will address state priorities and navigate potential political challenges.