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Punjab Budget 2026-27: ₹2.60 Lakh Crore Plan by Harpal Cheema

15 March 20261 min read
ECONOMYPunjab Budget2026-27: ₹2.60Lakh Crore Plan byHarpal Cheema15 March 2026safalsetu.com

Why in the news

Harpal Singh Cheema tabled the state budget for 2026-27 in the legislative assembly.

ParameterFigure
Budget size₹2.60 lakh crore
Fiscal deficit4.08% of GSDP
Capital expenditure₹18,381 crore

Key facts

  • Presented by: Harpal Singh Cheema.
  • Budget year: FY27 (2026-27).
  • Main allocations: education, social welfare, agriculture and healthcare.
  • Special provision: events for the 650th birth anniversary of Guru Ravidas.

Exam angle

  • Fiscal deficit target: 4.08% of GSDP.
  • Capital outlay: ₹18,381 crore.
  • Related terms: fiscal deficit, capital expenditure, GSDP.

Test yourself

1. What is the size of the Punjab Budget 2026-27 presented by Harpal Singh Cheema?

The budget is ₹2.60 lakh crore.

2. What fiscal deficit did the Punjab Budget 2026-27 project as a share of GSDP?

The projected fiscal deficit is 4.08% of GSDP.

3. Whose 650th birth anniversary did the Punjab Budget 2026-27 set funds for?

Funds were announced for the 650th birth anniversary of Guru Ravidas.