Shimla, March 31 -- As the state assembly passed the state budget exceeding Rs.58,830 crore for the financial year 2026-27 by a voice vote, chief minister Sukhvinder Singh Sukhu said that the state may have to raise additional loans, even as he assured that financial reforms would be undertaken without burdening the common people.

"Loans are taken within permissible limits and linked to reforms. We will ensure that reforms are implemented without putting any burden on the common man or the middle class," he added.

This comes after the Comptroller and Auditor General (CAG) report for the financial year 2024-25 pointed out that state's total debt and liabilities crossed the Rs.1 lakh crore mark for the first time.

The CM had initially pr...