borrowing

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    Debt Burden and Welfare Concerns in Madhya Pradesh

    Bhopal, Apr 2 The BJP government in Madhya Pradesh has plunged the state into heavy debt, which has benefited politicians, officials, and intermediaries, while the ultimate burden will fall on citizens, the Communist Party of India (Marxist) claimed on Thursday.In a press statement, MP CPI (M)...
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    Budget 2026-27 Approved: Key Expenditure Details

    New Delhi, March 27 The Parliament on Friday passed the Finance Bill 2026, with the Rajya Sabha returning it to the Lok Sabha through a voice vote, completing the budgetary exercise for the next fiscal, which begins on April 1.The Lok Sabha had passed the bill on March 25, along with 32...
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    Karnataka Cuts Funds for Nutrition and Local Development

    Bengaluru, March 26 Due to the increasing trend in subsidies, the Karnataka government was forced to cut down its funds for some of its ongoing schemes, such as nutrition, assistance to local bodies and gram panchayats in rural development programmes, the CAG in its report.The Comptroller &...
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    Budget Discrepancies: BJP Accuses Siddaramaiah of Misleading Figures

    Bengaluru, March 25 – Responding to Chief Minister Siddaramaiah’s defense of the 2026–27 Budget, the Karnataka BJP accused him on Wednesday of presenting a misleading narrative on the state’s finances.Senior BJP leader and Leader of the Opposition R. Ashoka, in a statement, criticised the...
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    Power Finance Corporation Announces Dividend Payment

    New Delhi, March 17 State-owned Power Finance Corporation announced on Tuesday that its board has approved the fourth interim dividend of Rs 3.25 per equity share with a face value of Rs 10 each for the fiscal year 2025-26.March 23, 2026, will be the record date for determining the eligibility...
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    Kumaraswamy Questions Karnataka's Borrowing Practices

    Mysuru (Karnataka), March 7 Union Minister for Heavy Industries and Steel H.D. Kumaraswamy expressed strong concern over the state budget on Saturday and questioned how the Karnataka government was utilizing borrowed funds."The Congress-led government's new borrowing is Rs 1.32 lakh crore, and...
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    Karnataka Budget: CM Counters Debt Allegations, Highlights Fiscal Responsibility

    Mysuru (Karnataka), March 7 Karnataka Chief Minister Siddaramaiah said on Saturday that the allegation that the state government has excessively increased borrowing is far from the truth and maintained that the objective of this year’s Budget is to provide equal opportunities to people from all...
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    Fiscal Deficit and Borrowing Concerns Highlighted in Andhra Pradesh CAG Report

    Amaravati, March 7 The Andhra Pradesh government availed ₹1.72 lakh crore through special drawing facilities, ways and means advances, and overdraft during 2024-25, resulting in paying ₹303 crore towards interest, according to a CAG report.The Comptroller and Auditor General report, which was...
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    State Debt Increases as Andhra Pradesh Exceeds Fiscal Targets

    Amaravati, March 7 The Andhra Pradesh government availed ₹1.72 lakh crore through special drawing facilities, ways and means advances, and overdraft during 2024-25, resulting in paying ₹303 crore towards interest, according to a CAG report.The Comptroller and Auditor General report, which was...
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    Maharashtra Budget: Infrastructure Spending Fuels Debt Increase

    Mumbai, March 6 – Maharashtra's total debt is projected to exceed Rs 11 lakh crore in 2026-27 as the state continues to borrow to fund infrastructure projects and welfare schemes, government officials said on Friday.According to the state government's budget documents, Maharashtra's total debt...
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    BJP Stages 'Khaali Chambu' Protest Against Karnataka Budget

    Bengaluru, March 6 The opposition BJP in Karnataka staged a "Khaali Chambu" protest on Friday, stating that the budget presented by Chief Minister Siddaramaiah is an empty vessel, offering nothing to the people.Holding "Khaali Chambu" (empty vessel), party legislators, including the Leader of...
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    State Finances: Union Minister Urges Telangana to Release White Paper

    Hyderabad, March 3 Union Coal Minister G Kishan Reddy on Tuesday demanded that the Congress government in Telangana release a comprehensive White Paper on the state's finances before the commencement of the Assembly budget session on March 16.Despite Telangana being formed in 2014 with surplus...
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    State's Debt Problem Intensifies: Budget Reveals Borrowing Spree

    Bhopal, Feb 18 – The opposition Congress and the Communist Party of India (Marxist) on Wednesday criticized the Madhya Pradesh government over the state's budget for 2026-27, arguing that the state's economy was in a dire situation and heavily reliant on borrowing.The Congress described the...
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    Fiscal Management: J&K Reduces Debt-to-GDP Ratio Amid Economic Growth

    Jammu, February 18 Jammu and Kashmir's total debt for the financial year 2024-25 is estimated at ₹1,37,067 crore, which is 48 per cent of the Union Territory's GDP, which has significantly expanded to ₹2,88,422 crore, Chief Minister Omar Abdullah said on Wednesday.Defending his government's...
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    State Finances: Andhra Pradesh Revenue Performance Under Review

    Amaravati, February 18 Andhra Pradesh is falling short of its revenue targets, achieving only 61 percent of the targeted Rs 2.18 lakh crore, while also exceeding its borrowing target by over Rs 10,000 crore, according to the CAG, even though the fiscal year 2025-26 is still two months away...
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    Interim Budget: Tamil Nadu Allocates Funds, Raises Concerns Over Union Policies

    Chennai, February 17 Tamil Nadu Finance Minister Thangam Thenarasu presented the Interim Budget for 2026-27 in the state Assembly on Tuesday and allocated Rs 4,000 crore for the fare-free bus travel scheme for women, and made allocations towards all other flagship schemes of the DMK government...
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