Mizoram Chief Minister Lalduhoma, who also holds finance portfolio, will present his maiden state annual Budget for the year 2024-2025 in the assembly on February 27, according to the budget session calendar chalked out by the Business Advisory Committee (BAC) of the state legislature. Lalduhoma will also present the Supplementary Demands for the current financial year with allied papers along with the Budget.
The second and budget session of the 9th Mizoram state legislative assembly was summoned by the state governor Hari BabuKambhampati to commence on February 19. Kambhampati will deliver his customary gubernatorial address in the state assembly on the first day of the session. The state annual budget will be the first to be presented by Lalduhoma after his Zoram People’s Movement (ZPM) won the election to the 40-member state legislature held on November 7 last year.
Lalduhoma is expected to reflect the ZPM’s policy of ‘Kalphung Thar’ or new system of governance as well as the economics policy in his first budget including ‘Bana Kaih’ (hand holding) policy. The budget session will conclude on March 13 when it is expected to pass the budget through demand-wise discussions of the ministers.
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