Skip to content

Assam Budget 2026-27: Rs 2,85,084 Crore Presented

11 July 20261 min read
ECONOMYAssam Budget2026-27: Rs2,85,084 CrorePresented11 July 2026safalsetu.com

Why in the news

The Assam government presented its Rs 2,85,084 crore budget for 2026-27 in the Assembly on 10 July 2026. State budget size and deficit targets are frequent exam questions.

Key facts

  • Size: Rs 2,85,084 crore (about Rs 2.85 lakh crore).
  • Presented by: Finance Minister Jayanta Malla Baruah, during the budget session of the 16th Assam Legislative Assembly.
  • Deficit: fiscal deficit 3% of GSDP; budget deficit target Rs 419.26 crore.
  • Tea growers: agricultural income tax exemption limit raised from Rs 2.5 lakh to Rs 10 lakh.
  • Fuel: VAT on piped natural gas cut from 14.5% to 5%.
  • Health and roads: 33,240 new posts, four proposed medical colleges, Rs 550 crore for a proton therapy centre, and Asom Mala 4.0 for 800 km of roads at Rs 10,000 crore over five years.
ItemDetail
Budget sizeRs 2,85,084 crore
Fiscal deficit3% of GSDP
Budget deficit targetRs 419.26 crore
Agri income tax limitRs 2.5 lakh to Rs 10 lakh
VAT on piped natural gas14.5% to 5%

About the budget

The budget promised to continue all major schemes of the past five years, and CM Himanta Biswa Sarma highlighted the 18 Pillars of Assam’s development model. Per capita income was cited as rising from Rs 60,817 in 2015-16 to Rs 1,85,429 in 2025-26.

Exam angle

  • Learn the size, the 3% fiscal deficit and the presenter.
  • Tax relief for tea growers and VAT cut on piped natural gas are likely facts.
  • Different reports describe the Rs 419.26 crore figure as budget or closing deficit; use the 3% GSDP figure for the fiscal deficit.

Test yourself

1. What is the size of the Assam budget for 2026-27 presented on 10 July 2026?

The budget size is Rs 2,85,084 crore.

2. Who presented the Assam budget for 2026-27?

Finance Minister Jayanta Malla Baruah presented it.

3. The budget cut VAT on piped natural gas from 14.5% to what rate?

VAT on piped natural gas was reduced to 5%.

Sources: Business Standard, Assam Tribune, ETV Bharat