Punjab

Punjab’s government has unveiled its Rs. 2,60,437 crore budget for the 2026–27 fiscal year, marking the final financial blueprint before the state heads into elections scheduled for early 2027. Presented in the Legislative Assembly by Finance Minister Harpal Singh Cheema, the budget highlights the administration’s focus on social welfare, governance reforms, and economic resilience. Dedicated symbolically to the mothers and daughters of Punjab, the financial plan underscores the government’s emphasis on inclusive development and social equity.

Punjab’s government has unveiled its Rs. 2,60,437 crore budget for the 2026–27 fiscal year, marking the final financial blueprint before the state heads into elections scheduled for early 2027. Presented in the Legislative Assembly by Finance Minister Harpal Singh Cheema, the budget highlights the administration’s focus on social welfare, governance reforms, and economic resilience. Dedicated symbolically to the mothers and daughters of Punjab, the financial plan underscores the government’s emphasis on inclusive development and social equity.

Punjab’s latest state budget earmarks Rs. 11,577 crore for the Home Affairs department, underscoring the government’s focus on strengthening internal security, modernizing policing infrastructure, and improving law-and-order management. The allocation is expected to support police modernization, intelligence systems, technology upgrades, and improved emergency response capabilities across the state. Officials say the funding will also enhance training programs, digital surveillance infrastructure, and operational resources for law-enforcement agencies.

Punjab has formally launched a new regime of mining auctions, marking a significant policy shift aimed at reforming the state’s mineral sector through transparency, accountability, and structured governance. The initiative seeks to replace discretionary allocations with competitive bidding, curb illegal mining activities, and enhance revenue realization for the state. By introducing a technology-driven auction framework, the government aims to attract credible investors while ensuring regulatory compliance and environmental safeguards.

Punjab Power Corporation has reported losses amounting to Rs 103 crore due to extensive damage caused by recent floods, highlighting the vulnerability of infrastructure to extreme weather events. The losses encompass damage to power distribution networks, substations, and associated equipment, disrupting electricity supply across several districts. Officials have initiated restoration and repair work, prioritizing critical services and grid stability.