Amaravati, March 11 YSRCP supremo YS Jagan Mohan Reddy accused the N Chandrababu Naidu-led NDA government in Andhra Pradesh of accumulating debts equivalent to 97 per cent of the amount borrowed during his entire 5-year tenure, over a period of two years.Reddy stated that the TDP-led NDA...
New Delhi, March 11 The government think tank, Niti Aayog, urged state governments on Wednesday to adhere to fiscal deficit norms under the FRBM Act through disciplined expenditure management, expanding the GST base, and enhancing their own tax capacity.The Fiscal Responsibility and Budget...
debt sustainability
economic policy
expenditure management
fiscaldeficitfiscal health index
fiscal responsibility and budget management act
frbm act
gst
india
niti aayog
revenue expenditure
state finances
state fiscal performance
state government
tax capacity
Mumbai, March 11 Maharashtra Chief Minister Devendra Fadnavis acknowledged financial pressures on the state economy on Wednesday, while asserting that the state's debt-to-GSDP ratio is lower than several other states, and rejected allegations that allocations to the social sector have been cut...
battery storage technology
debt-to-gsdp ratio
devendra fadnavis
electricity tariffs
energy generation capacity
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free electricity (farmers)
gross state domestic product (gsdp)
laadki bahin scheme
maharashtra
renewable energy
social sector
state budget
state debt
state economy
Itanagar, March 10 – Arunachal Pradesh Deputy Chief Minister Chowna Mein said on Tuesday that the state possesses the largest hydropower potential in the country, estimated at around 58,000 MW, and the government aims to harness this resource to accelerate green energy generation and economic...
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border development
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education
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gross state domestic product
healthcare
hydropower
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itanagar
renewable energy
vibrant villages programme
New Delhi, March 10 The fiscal deficit as a percentage of GDP for the three financial years up to 2024-25 has been revised upwards following the revision in the base year for calculating GDP, the government informed Parliament on Tuesday.According to the new GDP series published on February...
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Bengaluru, March 10 – Karnataka’s Leader of the Opposition, R. Ashoka, launched a scathing attack on the State Budget for 2026-27 on Tuesday, alleging that it had plunged the people of Karnataka into a “debt vortex” and had been unjust to backward classes, Scheduled Castes, and other sections of...
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union government grants
urban development
Gairsain, March 9 Uttarakhand Chief Minister Pushkar Singh Dhami presented the state's budget for the financial year 2026-27 on Monday, with an outlay of Rs 1.11 lakh crore, 10 per cent higher than the current fiscal year.This was Dhami's first budget after taking over the finance portfolio...
ankita bhandari murder case
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rural development
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state budget 2026-27
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While Pune district has received the highest overall allocation in the District Annual Plan (DAP) for the 2026-27 financial year, Nagpur – the district where Chief Minister Devendra Fadnavis resides – has seen the most significant increase in funding.According to the Maharashtra Budget...
ajit pawar
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district planning committees
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maharashtra state
nagpur district
pune district
revenue deficit
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Mumbai, March 9 – Maharashtra’s Medium Term Fiscal Policy (MTFP) statement for 2026-27 presents a picture of a state trying to manage a rising debt burden through aggressive infrastructure spending.Although the headline figures suggest fiscal discipline, the underlying numbers indicate...
Chandigarh, March 8 Every promise made to the people of Punjab has been fulfilled, Finance Minister Harpal Singh Cheema said on Sunday as he presented the state's budget for 2026-27 with an allocation of Rs 2,60,437 crore.This is the last budget of the AAP government in Punjab before it goes...
Mumbai, March 7 Maharashtra's total outstanding debt is projected to reach Rs 11,02,654 crore in the 2026-27 financial year, up from Rs 9,73,989 crore in the revised estimates for 2025-26, according to the state government's 'Budget in Brief', released on Saturday.According to the document...
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Mumbai, March 7 Maharashtra's outstanding debt is expected to rise by 11.1 per cent in 2025-26, although the overall debt burden will remain within the limits prescribed under fiscal responsibility norms, according to the Economic Survey 2025-26 presented in the state legislature.The survey...
capital expenditure
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domestic borrowings
economic survey
fiscaldeficitfiscal responsibility and budget management (frbm)
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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...
Mysuru (Karnataka), March 7 Karnataka Chief Minister Siddaramaiah on Saturday rejected the BJP's criticism that the state budget was debt-driven and favoured only one section, asserting that the government has maintained fiscal discipline within the limits prescribed by law.Siddaramaiah, who...
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debt levels
fiscaldeficitfiscal responsibility and budget management act
gross domestic product
gst (goods and services tax)
indian national congress
karnataka
karnataka state budget
mahatma gandhi national rural employment guarantee act (mgnrega)
r ashoka
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state finances
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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...
andhra pradesh government
borrowing
cag report
debt sustainability
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frbm target
gsdp
neelayapalem vijay kumar
overdraft
reserve bank of india
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special drawing facility
state finances
ways and means advances
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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...
andhra pradesh government
borrowing
cag report
debt
debt sustainability
financial management
fiscaldeficit
frbm target
nda government
overdraft
reserve bank of india
revenue deficit
special drawing facility
state finances
ways and means advances
ysrcp
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...
borrowing
debt to gdp ratio
financial liabilities
fiscaldeficitfiscal policy
government finance
gross state domestic product (gsdp)
indian states debt
infrastructure projects
interest payments
maharashtra debt
mumbai metropolitan region
state budget
state debt
welfare schemes
On March 6 in Bengaluru, R. Ashoka, the Leader of the Opposition in the Karnataka Legislative Assembly and a senior BJP leader, criticized the State Budget presented by Chief Minister Siddaramaiah. He alleged that the budget imposes a massive debt burden on the state's people while offering...
New Delhi/Bengaluru, March 6: Union Minister for Food, Consumer Affairs and Public Distribution, Pralhad Joshi, has criticised the 17th Budget presented by Chief Minister Siddaramaiah, stating that its only distinction is its large size of Rs 4.48 lakh crore, while also setting records in terms...
Mumbai, March 6 – The Maharashtra government announced a farm loan waiver of up to ₹2 lakh in the 2026-27 budget, along with measures for river-linking projects, women empowerment, youth development, healthcare, and strengthening social welfare schemes.Chief Minister Devendra Fadnavis...