Photo Courtesy: nenews
Kohima: Nagaland picked up Rs 524 crore as an extra slice of tax devolution from the federal government. The money arrived ahead of the standard August 10 deadline. The Centre pushed out a total of Rs 1.09 lakh crore across all states to fuel capital spending. The move aims to give states more cash for infrastructure and development work.
This isn't new. The Centre dumped an extra Rs 1,01,603 crore into state coffers back in October last year for similar projects. Nationally, Uttar Pradesh grabbed the biggest check at Rs 19,208 crore. Bihar followed with Rs 10,845 crore, while Madhya Pradesh took Rs 8,010 crore. West Bengal and Maharashtra received Rs 7,866 crore and Rs 7,022 crore respectively.
Northeast allocations varied. Assam pulled in Rs 3,413 crore, Arunachal Pradesh Rs 1,920 crore, and Tripura Rs 943 crore. Meghalaya received Rs 849 crore, Manipur Rs 762 crore, Mizoram Rs 618 crore, and Sikkim Rs 365 crore. Meanwhile, the national fiscal deficit for the first quarter of the 2026-27 financial year hit Rs 3.07 lakh crore. That is 18.2 percent of the annual estimate, up from 17.9 percent during the same window last year.
Nagaland Chief Minister Neiphiu Rio thanked Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman. He stated that the timely release will strengthen Nagaland's fiscal position, enable the state government to meet essential expenditure commitments, sustain developmental initiatives, and ensure uninterrupted delivery of public services to the people of the state.
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