capital expenditure

New Delhi, March 26 – Delhi Education and Urban Development Minister Ashish Sood attended the 2nd ICC Aviation and Tourism Summit 2026 on Thursday, vowing to develop the national capital as a leading tourism destination."The time has come to develop Delhi not just as a transit hub, but as a...

New Delhi, March 25 Delhi Home Minister Ashish Sood on Wednesday termed the 2026-27 budget a "roadmap for development" and said it reflects the government's focus on people-centric administration, higher capital spending, and social welfare.Speaking on the motion of thanks over the Delhi...

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...

New Delhi, March 25 The Lok Sabha passed the Finance Bill 2026, along with 32 government amendments, on Wednesday.With the passage of the Finance Bill 2026, the Lok Sabha has completed its part of the budgetary approval process. The Upper House, the Rajya Sabha, will now consider the Bill...

New Delhi, March 24 The private sector's capital expenditure on acquiring new assets is estimated to decline by 16.5 per cent to Rs 9.55 lakh crore in 2026-27, according to a government survey.According to the survey released by the Ministry of Statistics & Programme Implementation, the...

Delhi Chief Minister Rekha Gupta presented the city government's annual budget of ₹1,03,700 crore for the 2026-27 financial year at the Delhi Assembly's budget session today.Addressing the session, the Chief Minister stated that Delhi has the third highest per capita income in the country. She...

New Delhi, March 24 – Chief Minister Rekha Gupta presented the annual budget for the 2026-27 financial year in the Delhi Assembly on Tuesday, proposing a total outlay of Rs 1,03,700 crore.This was her second budget for the national capital. Assembly Speaker Vijender Gupta congratulated her...

New Delhi, March 23 – According to the 2025-26 economic survey report presented to the Delhi assembly by Chief Minister Rekha Gupta on Monday, Delhi's per capita income at current prices is likely to reach Rs 5,31,610, registering a growth of 7.92 per cent over 2024-25.The Chief Minister...

Gandhinagar, March 23 – Gujarat Finance Minister Kanubhai Desai stated on Monday that the state government is maintaining strict fiscal discipline and meeting all prescribed financial targets, even as it continues to increase capital expenditure for development.Speaking during the Budget...

New Delhi, March 23 According to the 2025-26 economic survey report, presented to the Delhi assembly by Chief Minister Rekha Gupta on Monday, Delhi's per capita income at current prices is likely to reach Rs 5,31,610, registering a growth of 7.92 per cent over 2024-25.The report further stated...

Mumbai, March 22 Amid concerns over a surge in import bills due to rising commodity prices in the wake of the Middle East conflict, Larsen & Toubro is hoping that the government will continue with its capital expenditure, even if it means a widening of the fiscal deficit.The engineering...

Shimla, March 21 Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Saturday presented a budget of Rs 54,928 crore for 2026-27, with a revenue deficit of Rs 6,577 crore and a fiscal deficit of Rs 9,698 crore.Presenting his fourth budget, Chief Minister Sukhu, who also holds the finance...

Hyderabad, March 19 Telangana Deputy Chief Minister Mallu Bhatti Vikramarka will present the state's budget for the fiscal year 2026-27 in the Legislative Assembly on Friday.Vikramarka, who holds the finance portfolio, said the budget would be acceptable to all sections of society and would...

New Delhi, March 17 Despite increasing operational responsibilities, no additional battalion of the National Disaster Response Force has been raised in the last three years, a parliamentary panel has noted.In its report presented in both houses of Parliament, the Parliamentary Standing...

New Delhi, March 17 A parliamentary panel on Tuesday asked the Department of Investment and Public Asset Management to finalize a clear legal strategy, incorporating a "golden share" or indirect control model, to safeguard strategic autonomy in PSUs where state shareholding may drop below 51 per...

New Delhi, March 16 Shiv Sena member Milind Deora urged the government on Monday to increase offshore gas exploration and invest in bio-CNG projects to reduce import dependence.Participating in the debate over the Appropriation bill in the Upper House, Deora said the government should also...

Agartala, March 16 Tripura Finance Minister Pranajit Singha Roy presented a tax-free budget of Rs 34,212.31 crore for the financial year 2026-27 on Monday, emphasizing infrastructure, digital transformation, and rural employment.The budget reflects a 5.52 per cent growth compared to the...

NITI Aayog released the second annual edition of the Fiscal Health Index 2026 in New Delhi today. The report highlights several policy priorities for strengthening fiscal health across states.These include enhancing revenue mobilization and strengthening state-owned tax capacity, rationalizing...

Mumbai, March 11 – Chief Minister Devendra Fadnavis announced on Wednesday that Maharashtra will become the first state to achieve a $1 trillion economy by 2029 and a $5 trillion economy by 2047.He stated that the state's economy is currently worth $660 billion in 2025-26, and it needs to add...

Jammu, March 11 Forty-three projects worth Rs 423.86 crore were undertaken across the Public Health Engineering (PHE) and Irrigation and Flood Control (I&FC) sectors in J&K in 2025, with 874 villages receiving certification under the Har Ghar Jal scheme in 2025-26, an official said on Wednesday...