Gujarat Finance Minister Kanubhai Desai tabled a ₹4.08 lakh crore budget for fiscal year 2026, marking a 10.2% rise over the previous year. The budget projects a surplus of ₹974 crore and is aligned with the state’s “Viksit Gujarat @ 2047” vision.
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Student welfare boost: Scholarship limits have been significantly increased to support more students across the state.
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Development fund: A dedicated ₹50,000 crore developmental fund has been created to accelerate infrastructure and growth projects.
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Ahmedabad 2030 Commonwealth Games: The budget includes provisions to prepare Ahmedabad for hosting the 2030 Commonwealth Games, alongside measures to promote tourism.
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Tax continuity: Tax rates remain unchanged, and the 5% tax rebate on electric vehicles has been extended to encourage EV adoption.
The budget reflects Gujarat’s focus on education, infrastructure, sports readiness, and sustainable mobility while maintaining fiscal discipline with a projected surplus.
FAQs [Frequently Asked Questions]
Q1: What is the total outlay of Gujarat’s 2026 budget?
A: Gujarat’s 2026 budget has a total outlay of ₹4.08 lakh crore, a 10.2% increase from the previous fiscal year.
Q2: Does the budget include any new tax changes?
A: No new tax changes were announced; tax rates remain unchanged, and the 5% rebate on electric vehicles continues.
Q3: What major initiatives are included in the budget?
A: Key initiatives include higher student scholarships, a ₹50,000 crore development fund, and preparations for Ahmedabad’s 2030 Commonwealth Games.