Jai Ram Thakur Calls Himachal Budget a Disappointment

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Jai Ram Thakur Calls Himachal Budget a Disappointment

Synopsis

In a scathing critique, Jai Ram Thakur, former Chief Minister of Himachal Pradesh, condemned the state's Budget as a major letdown. He emphasized its failure to deliver tangible benefits, marking it as a setback for the state's future.

Key Takeaways

Budget Critique: Jai Ram Thakur condemned the state’s Budget as ineffective.
Fiscal Deficit: The fiscal deficit reached Rs 10,300 crore for 2023-24.
Investment Decline: Capital investment saw a significant drop during the fiscal years.
Budget Reduction: The current Budget is Rs 54,928 crore, down by Rs 3,586 crore.
Protests Against Policies: BJP lawmakers protested against increased entry tax and government policies.

Shimla, March 21 (NationPress) Ex-Chief Minister of Himachal Pradesh and current Leader of the Opposition, Jai Ram Thakur, criticized the state’s Budget on Saturday, labeling it as “the most disappointing and directionless in the state’s history,” asserting it provides absolutely nothing for the populace.

He remarked that the Budget has continuously failed to meet the citizens' expectations, highlighting that the fiscal deficit for 2023-24 reached Rs 10,300 crore, followed by Rs 10,337 crore, Rs 12,414 crore, and Rs 9,896 crore in subsequent years.

Thakur pointed out that during this period, capital investment has reduced significantly to Rs 6,781 crore, Rs 6,239 crore, Rs 3,941 crore, and Rs 3,089 crore.

“In essence, development has ground to a halt,” he stated.

The primary Budget for 2025-26 is pegged at Rs 58,514 crore, while the current fiscal year's Budget is Rs 54,928 crore, showing a decrease of Rs 3,586 crore from the previous year.

According to Thakur, this indicates a 6.13 percent decline.

“While budget forecasts globally aim to pave the way for the future, this Budget from the Sukhu administration has turned into a document that drags the state backwards,” he added.

He mentioned that the current Budget is nearly identical to the Sukhu government's inaugural Budget of Rs 53,412 crore.

“This government’s financial management is now clearly exposed,” he claimed, accusing the administration of prioritizing salary cuts for employees.

Thakur criticized the government for proclaiming slogans of vyavastha parivartan (systemic change) while leading the state’s economy into a more precarious situation.

He warned that announcements made by the Chief Minister during the Budget speech, like previous ones, would likely either gather dust or act merely as election promises.

He highlighted inconsistencies in budget estimates, as revealed in the supplementary Budget, noting that less than 10 percent of the funds allocated to the Kanyadan Yojana were utilized.

Moreover, only 17 percent of the Shagun Yojana funds and a mere 3.7 percent of the Mahila Samman Nidhi allocation were spent in the first three quarters of the financial year.

Additionally, the organic farming initiative remained largely promotional, with the government buying only Rs 2.69 crore worth of produce from 1,643 farmers.

Beneficiaries did not receive Rs 14,000 per farmer, despite hundreds of crores being allocated to these schemes.

As the Chief Minister Sukhvinder Singh Sukhu prepared to present the Budget in the Assembly, BJP lawmakers organized a substantial protest both inside and outside the House against government policies, particularly criticizing the recent increase in entry tax.

Led by Jai Ram Thakur, the Opposition accused the government of imposing an additional burden on the public and the business sector and demanded an immediate repeal of the tax hike.

Legislators chanted slogans, asserting that this steep increase would have detrimental effects on the transport sector and trigger inflation, directly impacting household budgets.

Point of View

The remarks by Jai Ram Thakur reflect a broader discontent with the current administration’s fiscal strategies. As the opposition leader, his statements underscore the critical need for effective governance that genuinely addresses the needs of the populace.
NationPress
10 May 2026

Frequently Asked Questions

What did Jai Ram Thakur say about the Himachal Budget?
Jai Ram Thakur criticized the Himachal Budget, calling it 'the most disappointing and directionless in the state’s history,' claiming it failed to deliver benefits to the people.
How much was the fiscal deficit for 2023-24?
The fiscal deficit for 2023-24 was reported at Rs 10,300 crore.
What decline did the Budget represent?
The Budget represented a decline of 6.13 percent compared to the previous year.
What was the main Budget amount for 2025-26?
The main Budget for 2025-26 was set at Rs 58,514 crore.
What was the main criticism regarding government schemes?
Thakur highlighted that less than 10 percent of the Kanyadan Yojana funds were utilized, along with low spending on other schemes.
Nation Press
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