Haryana Showcases Fiscal Strength and Vision for Future Growth at 16th Finance Commission Meeting

Government shares State’s steady progress towards equitable fiscal federalism backed by strong economic fundamentals

Haryana boasts the second-highest per capita income among major states

Chandigarh, April 28- The 16th Finance Commission, chaired by Dr. Arvind Panagariya, held a meeting with the Haryana Chief Minister, Sh. Nayab Singh Saini, on Monday. The Chief Minister, who also holds the portfolio of Finance Minister, along with senior state government officers, held detailed discussions regarding key fiscal matters and financial strategies for the state. The meeting was focused on addressing financial issues and enhancing the allocation of resources for Haryana’s economic growth.

Under the guidance of Chief Minister, Sh. Nayab Singh Saini, the Chief Secretary, Sh. Anurag Rastogi, Commissioner and Secretary, Information Public Relations Languages and Culture Department, Dr. Amit Agrawal and Director General, Urban Local Bodies, Sh. Pankaj gave a detailed presentation about Haryana's journey since its formation in 1966 to becoming one of the leading contributors to India's economic growth. The presentation also highlighted Haryana’s steady progress towards equitable fiscal federalism backed by strong economic fundamentals and a visionary roadmap for the future.

Divulging the details regarding the State's economic performance, the Commission was apprised that Haryana’s Gross State Domestic Product (GSDP) for 2024–25 is estimated at Rs. 6,77,033 crore. It was further shared that Haryana boasts the second-highest per capita income among major states at Rs. 3,53,182. Additionally, Haryana holds the distinction of being the first state in India to procure all crops grown within its territory at Minimum Support Price (MSP).

Leading Social and Economic Indicators

Highlighting Haryana’s commitment to inclusive growth, the Commission was apprised that the State has adopted a unique annual income limit of Rs. 1.80 lakh for identifying Below Poverty Line (BPL) families. It was further shared that on the health front, 47 lakh families, accounting for 61.84 percent of Haryana’s population, are now covered under Ayushman Bharat and CHIRAYU health insurance schemes, ensuring accessible healthcare to the majority of citizens.

The Members of the 16th Finance Commission, Smt. Annie George, Sh. Ajay Narayan Jha, Dr. Manoj Panda and Dr Soumya Kanti Ghosh, Chief Principal Secretary to Chief Minister, Sh. Rajesh Khullar, Principal Secretary to Chief Minister, Sh. Arun Kumar Gupta, Director General, Information Public Relations Languages and Culture Department, Sh. K. M Pandurang and all the Administrative Secretaries remained present in the meeting.