Punjab Finance Minister Harpal Singh Cheema presented the state’s budget for the financial year 2025-26, emphasizing economic growth, welfare schemes, and infrastructural development. The budget aims to represent all sections of society while strengthening Punjab’s financial position.
Key Highlights of the Budget
Agriculture & Farmers' Welfare
Increased subsidies on fertilizers, seeds, and modern farming equipment.
Expansion of crop insurance schemes to cover more farmers.
Special incentives for organic and sustainable farming practices.
Industry & Employment
New industrial policies to attract investments and boost local businesses.
Special focus on MSMEs with reduced compliance burdens and financial aid.
Skill development programs to increase employment opportunities for youth.
Education & Health
Increased allocation for government schools and universities to improve infrastructure.
Scholarships and financial assistance for underprivileged students.
Expansion of health insurance schemes and establishment of new healthcare centers.
Infrastructure & Urban Development
Strengthening of road networks and connectivity projects.
Smart city initiatives for Ludhiana, Amritsar, and other major towns.
Sustainable energy projects to promote green energy usage.
Social Welfare & Women Empowerment
Enhanced support for women-led businesses and self-help groups.
Increased pension and welfare schemes for senior citizens and marginalized communities.
Expansion of housing schemes for economically weaker sections.
FM Harpal Cheema emphasized that the budget reflects the aspirations of Punjab and its people. He stated, “This budget will accelerate Punjab’s economic growth while ensuring the welfare of every citizen. Our focus is on prosperity, employment, and a self-reliant Punjab.”
With this comprehensive financial plan, the Punjab government aims to build a vibrant and progressive state, staying true to the spirit of Rangla Punjab, Vadhda Punjab!