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Gujarat CM Patel Meets Industry Leaders Post ₹4.08 Lakh Crore Budget 2026-27

Following the presentation of Gujarat's ₹4.08 lakh crore budget for 2026-27, Chief Minister Bhupendra Patel held detailed discussions with state industry leaders to gather feedback on its provisions. The budget emphasizes social welfare, infrastructure, and green growth, with significant allocations for tourism, tribal development, and high-speed connectivity. Key initiatives include the 'Namo Gujarat Kaushalya and Rojgar Mission' for youth and declaring 2026 as 'Gujarat Tourism Year'. The Chief Minister credited the state's progressive vision to Prime Minister Narendra Modi's guidance, aiming for sustainable development under the Viksit Gujarat 2047 goal.

Key Points: Gujarat Budget 2026-27: CM Patel Holds Industry Dialogue

  • ₹4.08L cr outlay with 10.2% increase
  • 65% expenditure for developmental works
  • Over ₹15,000 cr for Green Budget
  • ₹6,500 cr for Gujarat Tourism Year 2026
  • Focus on tribal areas with ₹35,000+ cr allocation
3 min read

Gujarat CM Patel holds detailed discussions with industry leaders on state budget

Gujarat CM Bhupendra Patel discusses the ₹4.08L cr state budget with industry leaders, focusing on growth, green initiatives, and Viksit Gujarat 2047.

"budget as reflecting trust-based governance and a human-centric economic framework - Chief Minister Bhupendra Patel"

Gandhinagar, February 18

Following the presentation of the Gujarat state budget for 2026-27, Chief Minister Bhupendra Patel held a dialogue with leaders from the industrial sector to discuss the provisions and implications of the new budget.

Deputy Chief Minister Harsh Sanghavi and MLA and BJP State President Jagdish Vishwakarma were also present during the discussions. Industrial representatives from various districts of the state attended the budget proceedings in the Legislative Assembly and engaged directly with the Chief Minister to provide feedback and share their responses.

The discussions covered detailed planning for the future and included in-depth deliberations on key sectors such as textiles, Gujarat Industrial Development Corporation (GIDC), sports, agro-industries, storage technology, and other industrial areas. Industry leaders expressed appreciation for several provisions announced in the budget and highlighted opportunities for growth and development within the state.

Earlier, Gujarat Chief Minister Bhupendra Patel on Wednesday presented the state's budget for 2026-27, emphasising social welfare, infrastructure development, economic growth, and green initiatives. The Chief Minister described the budget as reflecting trust-based governance and a human-centric economic framework, aimed at empowering all sections of society, particularly the poor, youth, farmers, and women.

The budget, presented in the Gujarat Legislative Assembly by Finance Minister Kanubhai Desai, has an outlay of Rs. 4.08 lakh crore, marking a 10.2 per cent increase over the previous year. Of this, 65 per cent of total expenditure has been earmarked for developmental purposes, focusing on education, health, agriculture, irrigation, urban development, and social welfare.

Special provisions have been made to strengthen skill development and employment opportunities for the youth under the 'Namo Gujarat Kaushalya and Rojgar Mission', while health and social services continue to receive significant attention.

Patel highlighted the state's commitment to green growth, with more than Rs. 15,000 crore allocated as part of the Green Budget. The year 2026 has been declared as 'Gujarat Tourism Year', with Rs. 6,500 crore earmarked to elevate the tourism sector and position the state prominently on the global tourism map.

Development in tribal areas has also been prioritised, with over Rs. 35,000 crore allocated to mainstream tribal regions, including lift irrigation schemes, industrial development centres, and employment opportunities for tribal youth. 5 new GIDCs will be established in tribal areas.

Infrastructure and connectivity remain key priorities in the budget, with substantial investments planned for the Gujarat High-Speed Corridor, climate-resilient roads, and AI and digital governance initiatives, including the establishment of a Data Fusion Center and Center of Excellence.

Ahmedabad is set to host Olympic-ready sports facilities and modern transport services, with Rs. 1,200 crore allocated for their upgrade. The state government has also allocated nearly Rs. 7,000 crore for six Regional Economic Master Plans, reinforcing Gujarat's long-term vision of Viksit Gujarat 2047.

Chief Minister Bhupendra Patel credited Prime Minister Narendra Modi's guidance for the state's continued growth and progress, noting that Gujarat remains at the forefront of development while advancing welfare schemes without imposing additional tax burdens. He congratulated Finance Minister Kanubhai Desai and his team for presenting an inclusive budget that reflects the state's commitment to dynamic and sustainable development.

- ANI

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Reader Comments

P
Priya S
Rs. 4.08 lakh crore is a massive outlay! The 10% increase shows confidence. I appreciate the dialogue with industry leaders – it's good governance. My only concern is the on-ground implementation speed. Sometimes big announcements get delayed in execution. Hope the youth skill mission delivers quickly.
R
Rohit P
The allocation for tribal area development (₹35,000+ crore) is a very positive step. Mainstreaming these regions with irrigation and industrial centres can transform lives. Hope the new GIDCs create real local employment and don't just become land banks for big companies from outside.
S
Sarah B
As someone who has worked in Gujarat's renewable energy sector, the Green Budget allocation of ₹15,000 crore is impressive. The focus on AI, digital governance, and the Data Fusion Center shows Gujarat is thinking about the future economy. This can attract a lot of tech investment.
K
Karthik V
Budget sounds good on paper. But what about controlling inflation for the common man? Infrastructure and tourism are important, but the price of essentials is pinching every household. I hope the 'human-centric' framework also means more direct relief measures in the coming months.
M
Michael C
The emphasis on no new taxes while pushing development is a tricky balance to maintain. Gujarat's model is often studied. The Olympic-ready facilities in Ahmedabad and the high-speed corridor could be game-changers for the state's global profile. Execution will be key.

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