Budget boosts Meghalaya with 9,631 crore tax devolution, capital investment support
Shillong: Union Budget 2026-27 has extended enhanced fiscal support to Meghalaya through higher tax devolution and increased allocations under the Special Assistance to States for Capital Investment (SASCI), enabling the state to accelerate capital expenditure and infrastructure creation.
According to the Budget estimates, Meghalaya has been allocated Rs 9,631 crore under tax devolution, providing greater untied resources to pursue its developmental priorities. Between 2014 and 2024, the Centre released Rs 69,339 crore as tax devolution and Rs 40,452 crore as grants-in-aid, reflecting a sustained expansion in fiscal support.
Capital investment has also been strengthened under SASCI, which provides 50-year interest-free loans to states. Meghalaya received Rs 6,523 crore between 2020-21 and 2025-26 (till Jan), with annual releases steadily rising.
Budgetary support has translated into visible infrastructure growth. In the roads sector, over 1,156 km of National Highways have been constructed in Meghalaya as of June 30, 2025. Under the Bharatmala Pariyojana, 170 km of National Highway corridors have been approved at a tentative cost of Rs 2,703 crore.
Tourism development has also gained momentum. Two projects under Swadesh Darshan Scheme 2.0 have been sanctioned: the Meghalayan Age Cave Experience at Sohra (Rs 32 crore) and the Waterfall Trails Experience at Sohra (Rs 28 crore). The Polo Shopping Complex in Shillong was inaugurated in July 2025.
Under the North East Special Infrastructure Development Scheme, 14 projects worth over Rs 569 crore have been allotted to Meghalaya. Since inception, seven road and bridge projects worth Rs 459 crore and 116 other infrastructure projects worth over Rs 1,737 crore have been approved.
Union Budget support has further enabled wide coverage of welfare schemes. As of January 2026, Meghalaya recorded 8.98 lakh PM Jan Dhan accounts, 6.28 lakh enrollments under PM Jeevan Jyoti Bima Yojana, 10.9 lakh under PM Suraksha Bima Yojana, and loans worth Rs 3,330 crore under PM Mudra Yojana. The state also has 92,500 Atal Pension Yojana subscribers, 5,830 PM SVANidhi applications disbursed, 94,000 Kisan Credit Cards issued, and 5.42 lakh rural households connected to tap water under Jal Jeevan Mission.
Capital investment has also been strengthened under SASCI, which provides 50-year interest-free loans to states. Meghalaya received Rs 6,523 crore between 2020-21 and 2025-26 (till Jan), with annual releases steadily rising.
Budgetary support has translated into visible infrastructure growth. In the roads sector, over 1,156 km of National Highways have been constructed in Meghalaya as of June 30, 2025. Under the Bharatmala Pariyojana, 170 km of National Highway corridors have been approved at a tentative cost of Rs 2,703 crore.
Tourism development has also gained momentum. Two projects under Swadesh Darshan Scheme 2.0 have been sanctioned: the Meghalayan Age Cave Experience at Sohra (Rs 32 crore) and the Waterfall Trails Experience at Sohra (Rs 28 crore). The Polo Shopping Complex in Shillong was inaugurated in July 2025.
Under the North East Special Infrastructure Development Scheme, 14 projects worth over Rs 569 crore have been allotted to Meghalaya. Since inception, seven road and bridge projects worth Rs 459 crore and 116 other infrastructure projects worth over Rs 1,737 crore have been approved.
Union Budget support has further enabled wide coverage of welfare schemes. As of January 2026, Meghalaya recorded 8.98 lakh PM Jan Dhan accounts, 6.28 lakh enrollments under PM Jeevan Jyoti Bima Yojana, 10.9 lakh under PM Suraksha Bima Yojana, and loans worth Rs 3,330 crore under PM Mudra Yojana. The state also has 92,500 Atal Pension Yojana subscribers, 5,830 PM SVANidhi applications disbursed, 94,000 Kisan Credit Cards issued, and 5.42 lakh rural households connected to tap water under Jal Jeevan Mission.
Popular from City
- Earthquake of 4.6 magnitude strikes Andaman and Nicobar Islands
- Delhi man collapses on road, passerby tries to steal phone instead of helping; victim dies
- Four women flyers held smuggling in 1.5cr gold jewellery
- BMC carries out anti-encroachment drive on Mohammed Ali Road and Ibrahim Merchant Road in Mumbai
- UP shocker: Aspiring model dies by suicide after husband calls her ‘monkey’ in front of sister
end of article
Trending Stories
- WPL Eliminator Live: Delhi Capitals Women need 169 to beat Gujarat Giants
- Who is Bryson DeChambeau’s rumored girlfriend Lilia Schneider? Relationship timeline, facts, and what fans should know
- Tyson Fury’s return to boxing: Will he join the elite club of three-time champions?
- Super Bowl LX: Star Wars’ The Mandalorian and Grogu set to debut new trailer amidst high-stakes Patriots-Seahawks showdown
- Stefon Diggs to propose to Cardi B before Super Bowl LX? Patriots star makes big reveal about engagement, says “It’s on the agenda”
- T20 World Cup: 'India vs Pakistan presented as war now,' says J&K CM Omar Abdullah
- Gold, silver price prediction today: Where are gold, silver prices headed after worst decline since 1980?
Featured in city
- One dead, one injured while cleaning drain in Mumbai's Goregaon West
- Dimple Mehta elected mayor and Dhruvkishor Patil deputy mayor with a historic majority in Mira-Bhayandar
- Residents recount evening when South Kolkata para turned into war zone; 3rd attack by Sona Pappu gang since Covid
- Pune’s Rs 5,000-cr growth leap: City set to become tech & industry powerhouse
- 'Daan' at Haryana YouTuber Arun Pawar's wedding raises eyebrows; Rs 71L cash, 21 tola gold shocks many
- Uproar in Rajya Sabha as MP C Sadanandan displays artificial limbs; sparks heated exchange with CPI-M
Photostories
- There are only 6 countries whose names begin with the letter 'U'
- Archana Puran Singh and Parmeet Sethi’s love story: From a ‘fling’ to three decades of togetherness
- A look into Yuvika Chaudhary and Prince Narula’s parenthood journey
- From prehistoric sharks to unusual flowers: What’s inside the world’s largest cave
- 6 common mistakes people make while cooking cauliflower
- 6 luxury electric cars that blend sustainability with opulence
- ‘Love Island’, ‘Love Is Blind’, and more: Reality TV couples who are still together in 2026
- Diljit Dosanjh makes Indian-style Masala Bread Omelette and we are absolutely loving it
- 'Vadh 2’, ‘Bhabhiji Ghar Par Hain’, ‘Devdas’ re-release: What to watch in cinemas this week
- Waheeda Rehman birthday special: The journey that took her from Madras stages to a break opposite legendary actor NT Rama Rao
Videos
32:47 India-US Trade Deal: Trump Says India Won’t Buy Russian Oil; Rahul Gandhi Accuses PM of Selling Out05:39 'Symbol Of Negativity': Goyal Rains Fire On Rahul Gandhi After US-India Trade Deal, Parl Ruckus03:36 India-US Trade Deal: Moscow Contradicts Trump's Claim On New Delhi 'Stopping' Russian Oil Imports04:26 'Called Me Yaar, Threw Papers': TDP MP Tenneti Slams Eight Suspended Lok Sabha MPs08:46 'Dairy, Agriculture Protected': Piyush Goyal Outlines 'Historic' US-India Trade Deal, Lauds PM Modi08:15 Budget 2026: Defence Expert Flags Committed Liabilities, Calls For Battlefield Transparency11:34 Pak Defence Minister Khawaja Asif Admits Terror Rooted In Corruption, Vindicates India In Parliament03:30 Gold, Silver Under Pressure After Peaks: Should You Invest And Hold Precious Metals Or Sell Off?05:18 India Moves To Secure Chicken’s Neck As Underground Rail Project Targets Strategic Vulnerabilities
Up Next
Start a Conversation
Post comment