Gujarat govt presents Rs 4.08 lakh crore Budget for fiscal year 2026

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The Gujarat government has presented a ₹4.08 lakh crore Budget for fiscal year 2026, focusing on development, education, infrastructure and preparations for future global events. Finance Minister Kanubhai Desai announced the Budget on 18 February 2026. It is based on the vision of “Viksit Gujarat @ 2047”.

The Budget estimates a surplus of ₹974 crore, indicating that the government expects its revenues to remain higher than its expenditure. The total Budget outlay has increased by 10.2% compared with the previous financial year.

One of the major announcements is the creation of a ₹50,000 crore development fund. The fund is expected to support important infrastructure and growth projects across Gujarat. It could help improve roads, urban facilities, public services and other development activities.

Student welfare has received special attention in the new Budget. The government has increased scholarship limits to provide greater financial support to students. The move is expected to help more young people continue their education and reduce the burden on families.

The Budget also includes a plan to prepare Ahmedabad for the 2030 Commonwealth Games. The proposed preparations are likely to involve improvements in sports facilities, transport, accommodation and urban infrastructure.

Tourism promotion is another important area covered by the Budget. Gujarat plans to use its cultural, historical and natural attractions to bring more visitors and create employment opportunities.

The government has kept tax rates unchanged, providing stability for businesses and citizens. It has also continued the 5% tax rebate on electric vehicles. This incentive is expected to encourage cleaner transportation and support the growth of Gujarat’s electric mobility sector.

FAQs [Frequently Asked Questions]

1. What is the size of Gujarat’s 2026 Budget?

Gujarat’s Budget for fiscal year 2026 is worth ₹4.08 lakh crore. It includes development spending and records an estimated surplus of ₹974 crore.

2. What is the development fund?

The government has proposed a ₹50,000 crore development fund. It will support major infrastructure, public facilities and economic growth projects across Gujarat.

3. What tax relief continues?

Gujarat has kept tax rates unchanged and continued a 5% tax rebate on electric vehicles, supporting taxpayers and encouraging cleaner, more sustainable transport options.

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