The session assumes significance since this would be the last budget of the ruling Naga People's Front (NPF)-led Democratic Alliance of Nagaland (DAN) government before the 2018 state general election and also the first under the state's new Chief Minister Shurhozelie Liezietsu.
Liezietsu is the third chief minister in this third innings of the NPF, which will end in February 2018.
Liezietsu took over from T R Zeliang on February 22 as the latter had to step down bowing to pressures of the peoples' movement led by Nagaland Tribes Action Committee Kohima and Joint Coordination Committee on moral grounds.
They were part of the public movement against holding of Urban Local Body (ULB) elections with 33 per cent seats reserved for women in the state.
The upcoming assembly session will also witness election of a new speaker since Chotisuh Sazo, who was the speaker of the state assembly has been inducted as a cabinet minister for Public Health Engineering in Liezietsu's ministry.
Meanwhile, Nagaland Governor P B Acharya has appointed Imtikumzuk, Deputy Speaker of Nagaland Legislative Assembly (NLA) to take charge of duties of the speaker till the new speaker is elected.
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