Budget 2026: State leaders meet FM Nirmala Sitharaman for pre-Budget talks; urge GST compensation, more c

State leaders convened with Finance Minister Nirmala Sitharaman as part of the pre-Budget discussions for 2026, highlighting their financial concerns and strategic priorities. Key among their requests was the continuation of GST compensation, which remains a critical support for state revenues in the wake of economic fluctuations. This meeting marks a crucial step in shaping the upcoming fiscal policies, with leaders advocating for allocations that address both immediate and long-term developmental needs. Telangana took the opportunity to present its ambitious infrastructure proposals, emphasizing the construction of 2.5 million houses under the Pradhan Mantri Awas Yojana. This initiative aims to bolster housing availability and improve living standards across the state, reflecting a broader focus on sustainable urban development. The proposal underscores Telangana's commitment to leveraging central support to enhance its infrastructure landscape significantly. In addition to housing, states urged the central government to consider enhanced funding for various regional projects, aiming to stimulate economic growth and job creation. The discussions also touched upon vital sectors such as healthcare, education, and energy, with leaders emphasizing the need for tailored solutions that cater to their unique demographic and geographical challenges. As the Budget 2026 formulation progresses, these consultations are pivotal in ensuring that state-specific needs are adequately addressed.

— Authored by Next24 Live