Deputy CM Y Patton congratulates Union Finance Minister Nirmala Sitharaman on presenting her 9th consecutive Union Budget.
Share
DIMAPUR — Deputy Chief Minister Y Patton has congratulated Union Finance Minister Nirmala Sitharaman on presenting her 9th consecutive Union Budget, describing the 2026-27 budget as highly visionary and moving in the right direction towards realising the dream of a Viksit Bharat under Prime Minister Narendra Modi.
The deputy CM stated that the clear focus on the North-Eastern Region reaffirms the national priority accorded to historically disadvantaged and geographically challenged states, including Nagaland.
The provisions supporting high-value agriculture, including agarwood cultivation in the North-East, were noted as being well aligned with the region’s ecological and economic strengths and crucial for its long-term development, Patton stated.
He highlighted that the enhanced thrust on animal husbandry, fisheries, and rural entrepreneurship would directly support livelihood diversification in hill states like Nagaland.
Also read: Cabinet approves Union Budget 2026-27; Nirmala Sitharaman meets President ahead of 9th record speech
Budget ensures ease of living for taxpayers, new Income Tax Act from April 1
The deputy CM also welcomed the strengthened MSME framework, “which demonstrates the intent to empower small enterprises and local entrepreneurs in remote regions.”
Additionally, Patton also emphasised that the increased public capital expenditure would sustain infrastructure momentum critical for improving connectivity and market access.
The budget's emphasis on skilling, allied health, and the services sector was appreciated for expanding employment opportunities for youth and aligning with the Government of Nagaland's initiatives to skill its human capital. Patton also acknowledged the support extended to handloom, handicrafts, and village industries, recognising the cultural economy of indigenous communities.
According to the deputy CM, the budget’s inclusive approach effectively integrates growth with social justice and regional equity, balances fiscal prudence with growth imperatives, prioritises capital formation, and provides a stable, outcome-oriented framework for inclusive and sustainable development—crucial for achieving the vision of a Viksit Bharat and a Viksit Nagaland.