Analysis by LushAITech
| Year | Rev. | Fiscal | Primary |
|---|---|---|---|
| 2022-23 A | 18,989 | -1,10,767 | -61,379 |
| 2023-24 A | 57,709 | -67,770 | -9,580 |
| 2024-25 A | -2,697 | -2,02,669 | -1,37,679 |
| 2025-26 BE | 56,291 | -1,65,168 | -85,867 |
| 2025-26 RE | -37,641 | -2,98,659 | -2,18,600 |
| 2026-27 BE | 89,984 | -1,66,903 | -73,937 |
Deep Analysis · LushAITech
Mizoram's BE 2026-27 projects a revenue surplus of ₹899 Cr — a significant turnaround from the RE 2025-26 deficit of ₹376 Cr. This is driven by a 23.4% jump in Central Tax Devolution (₹6,965 Cr → ₹8,608 Cr) and a near-doubling of CSS grants. However, fiscal liabilities have grown 45% in 3 years, with the GSDP ratio reaching 43.56%, approaching the FRBM threshold of concern.
Interest payment burden has grown 43% in 3 years — from ₹64,990 L (2024-25) to ₹92,965 L (BE 2026-27). The interest-to-revenue ratio stands at 6.2% and is rising. Post-Devolution Revenue Deficit Grant from Finance Commission has been eliminated (₹1,079 Cr in 2024-25 → Nil in BE 2026-27), adding pressure to the revenue account. The state must enhance own revenues to sustain the projected surplus.
| Head | Charged (₹L) |
|---|---|
| Interest Payments | 92,965 |
| Pensions (Charged) | Included in 2071 |
| Debt Avoidance Fund | 9,000 |
| State Legislature | 116 |
| Governor | 1,109 |
| Public Service Commission | 1,257 |
| Total Charged (Revenue) | 1,06,297 |