Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Saturday presented the annual Budget of Rs 58,444 crore for 2024-25 with focus on the agriculture sector, and announced an increase in the Minimum Support Price (MSP) for milk.
Presenting his second state Budget, Sukhu, who also holds the finance portfolio, hiked the MSP of cow milk from Rs 38 to Rs 45 per litre and buffalo milk from Rs 38 to Rs 55 per litre.
He said liabilities of all milk cooperative societies will be waived off and Rs 150 crore will be spent on strengthening infrastructure for milk procurement and its processing.
The CM announced Rajiv Gandhi Prakriyat Kheti Yojna, under which 36,000 farmers -- 10 farmers from every panchayat -- will be trained in natural farming techniques.
Sukhu further said universal cartons will be introduced for apple packaging and horticulture tourism will be encouraged.
He reiterated the state government's resolve to make Himachal Pradesh a green state by 2026.
He said the state government announced a special package of Rs 4,500 crore for disaster-affected people after last year's monsoon, and added that the Centre had not given any special package.
He blamed the "financial mismanagement of the previous BJP government in the state" for Himachal's total debt, which, he said, stands at Rs 87,788 crore.
Sukhu said a sum of Rs 22,406 crore was due to Himachal from the Centre that included a proposal of Rs 9,906 crore post-disaster need assessment sent to the Centre, Rs 4500 crore due from Bhakra Beas Management Board (BBMB) as power arrears, and Rs 8,000 crore employees' contribution under the pension scheme.
Other announcements included setting up of the first modernised de-addiction and rehabilitation centre at Kandaghat in Solan district, appointment of 6,000 nursery teachers, and monthly review meeting of schools.
He also said 327 old diesel buses will be replaced with electric buses and vehicle scrap centres will be established in the state.
The CM also announced to increase the daily wages of MGNREGA workers by Rs 60 from Rs 240 to 300 per day.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)