4 days ago
Rangasamy Calls Puducherry’s Rs 14,300 Crore Budget Growth-Oriented
Puducherry has planned a budget of Rs 14,300 crore for 2026-2027.
Chief Minister N Rangasamy says the budget will help the region grow.
Much of the money is meant for building infrastructure.
He thanked Prime Minister Narendra Modi for helping Puducherry financially.
He also asked the central government to give more money and cancel old loans and interest.
The government plans to increase the subsidy people receive for LPG cylinders.
It also wants to build industrial parks at Karasur village.
Officials hope new industries and revived mills will create jobs for educated young people.
Chief Minister N Rangasamy described Puducherry’s Rs 14,300 crore 2026-2027 budget as growth-oriented.
He said the budget focuses on infrastructure development and thanked Prime Minister Narendra Modi for providing funds.
Rangasamy asked the Centre to provide more funds and write off Puducherry’s accumulated loans and interest.
LPG subsidies would rise to Rs 200 for Above Poverty Line families and Rs 350 for Below Poverty Line families.
Industrial parks are planned at Karasur village, while officials aim to revive several mills and public sector undertakings.
- Who
- Puducherry Chief Minister N Rangasamy and the AINRC-BJP coalition ministry.
- What
- The Assembly debate concluded on a Rs 14,300 crore budget for fiscal 2026-2027, with proposed infrastructure, subsidy and industrial measures.
- Where
- The Puducherry Assembly; proposed industrial parks would be located at Karasur village.
- When
- The budget was presented on August 24; Rangasamy wound up the debate on Saturday.
- Why
- The budget aims to promote growth, develop infrastructure, strengthen Puducherry’s finances and create jobs.
Key facts
- Budget size
- Rs 14,300 crore
- Fiscal year
- 2026-2027
- Above Poverty Line LPG subsidy
- Proposed increase from Rs 150 to Rs 200 per cylinder
- Below Poverty Line LPG subsidy
- Proposed increase from Rs 300 to Rs 350 per cylinder
- Industrial development
- Industrial parks are planned at Karasur village through a special economic zone project
- Projects targeted for revival
- A spinning mill, cooperative sugar mill and several public sector undertakings
- Financial request
- Rangasamy asked the Centre to provide more funds and write off Puducherry’s loans and interest
Quotes
N Rangasamy
Chief Minister of Puducherry and leader of the AINRC-BJP coalition government
“We still want more funds so that our plans and schemes can be implemented fast.”
thehansindia.com
Sources
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