fiscal deficit

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...

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...

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...

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...

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...

Mumbai, March 5 Maharashtra's economy remains the largest in the country, with a nominal Gross State Domestic Product (GSDP) estimated at Rs 46.22 lakh crore in 2024-25, which is expected to reach Rs 51 lakh crore, according to the Economic Survey 2025-26, tabled in the assembly on Thursday...

Mumbai, March 5 – Maharashtra's economy is projected to grow by 7.9 per cent in 2025-26, compared to India's growth rate of 7.6 per cent, primarily due to record collections of Goods and Services Tax (GST) and favorable market conditions.Maharashtra continues to be the engine of the country's...

Mumbai, March 5 – Maharashtra's economy is projected to grow by 7.9 per cent in 2025-26, slightly higher than the projected 7.4 per cent growth of the national economy, according to the government's pre-budget Economic Survey presented in the state assembly on Thursday.The survey stated that...

Chandigarh, March 2 – Reinforcing Haryana’s commitment to fiscal prudence and development-led growth, Chief Minister Nayab Singh Saini presented the state’s budget for 2026-27 on Monday, emphasizing seven key pillars that underscore disciplined financial management and a significant increase in...

Shimla, March 2 Chief Minister Sukhvinder Singh on Monday sought a financial package under special central assistance to cover the revenue deficit for the financial year 2026-27.Sukhu, who met with Union Finance Minister Nirmala Sitharaman in New Delhi, informed her that discontinuing the...

Chandigarh, February 27 The Congress on Friday demanded a white paper on the "rising debt" of Haryana, even as Chief Minister Nayab Singh Saini asserted that the state's fiscal direction remains responsible and well within prescribed limits.Speaking to reporters after the day's proceedings in...

New Delhi, February 27 Trimming the Indian economy by approximately Rs 12 lakh crore in the current financial year, following a revamp of the GDP calculation framework, may push the fiscal deficit higher, experts said.The Ministry of Statistics and Programme Implementation (MoSPI) released the...

Jaipur, February 27 – Reacting to the discussion on the Finance and Appropriation Bill in the Rajasthan Assembly on Friday, Chief Minister Bhajan Lal Sharma said that the state's economy is progressing rapidly due to public welfare policies and major economic reforms undertaken by his...

New Delhi, February 27 The Centre's fiscal deficit at the end of January stood at ₹9.8 lakh crore, or 63 per cent of the annual budget target for 2025-26, compared to 74.5 per cent in the year-ago period, according to government data released on Friday.The Centre estimates the fiscal deficit...

New Delhi, February 27 – Prime Minister Narendra Modi will address the post-Budget webinar on "Technology, Reforms, and Finance for Viksit Bharat" on Friday morning via video conferencing.The webinar will focus on discussions on public capital expenditure, infrastructure, banking sector...

New Delhi, February 26 India's GDP could grow between 6.8-7.2 per cent in the next fiscal, according to an EY Economy Watch report released on Thursday.The report suggested that to achieve the "Viksit Bharat" (Developed India) goal by 2047, India may need to increase its tax-GDP ratio...

Raipur, February 24 The Chhattisgarh budget has allocated five new missions to propel the state to new heights of development through focused, mission-oriented implementation in key sectors, state Finance Minister O P Choudhary said.On Tuesday, Choudhary presented the annual budget of Rs 1.72...