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Budget 2025-26

Meghalaya’s ‘People’s Budget’: A New Model for India’s Fiscal Democracy?

Budgets in India have long been top-down exercises, dictated by bureaucratic calculations rather than public aspirations. But in 2025, Meghalaya may have rewritten the rules of governance. With its latest Budget 2025-26, the state has pioneered a participatory approach, involving citizens, civil society, experts, and local leaders in shaping financial priorities.

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