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...
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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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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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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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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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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...
Bengaluru, March 6 Union Minister H D Kumaraswamy on Friday criticized Karnataka Chief Minister Siddaramaiah, claiming that while he may celebrate the presentation of his 17th Budget, the people of the state are left bearing the burden of its consequences.The CM has put the state’s economy in...
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Mumbai, March 6 The Maharashtra government announced on Friday a crop loan waiver of up to Rs 2 lakh for eligible farmers in the budget for 2026-27, and said the "Ladki Bahin Yojana" (scheme for poor women) would continue with adequate funding.Chief Minister Devendra Fadnavis, who holds the...
Mumbai, March 6 – Maharashtra Chief Minister Devendra Fadnavis, in the annual budget for 2026–27, presented on Friday in the state Assembly, proposed a series of tax measures aimed at generating additional revenue.He proposed increasing the environmental tax on vehicles in the non-transport...
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On Friday, Karnataka Chief Minister Siddaramaiah announced that the state's total liabilities at the end of the 2026–27 fiscal year are estimated at Rs 8,24,389 crore while presenting the State Budget in the Legislative Assembly.The Chief Minister stated that for the financial year 2026–27...
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Mumbai, March 6 – Maharashtra Chief Minister Devendra Fadnavis presented the state budget for 2026-27, totaling Rs 7,69,467 crore, in the state Assembly on Friday.He also announced a crop loan waiver of up to Rs 2 lakh for farmers, along with various measures to boost agriculture...
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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Mumbai, March 5 Maharashtra's economy is expected to grow by 7.9 percent in 2025-26, with per capita income projected to reach ₹3.47 lakh, according to the Economic Survey presented in the state legislature on Thursday ahead of the budget.The agriculture and allied sector is expected to grow...
Mumbai, March 5: Maharashtra's public debt is projected to reach a staggering Rs 9.32 lakh crore in 2025-26, even as the state projects strong economic growth of 7.9 per cent, exceeding the national forecast, according to the pre-budget Economic Survey presented in the Maharashtra Assembly on...