fiscal deficit

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...

In Ranchi, Jharkhand's chief minister presented the state budget for the 2026-27 fiscal year, totaling Rs 1.58 lakh crore. This budget prioritizes inclusive growth and development for all sections of society, with a significant allocation of Rs 67,460 crore for the social sector, aimed at...

Shillong, February 23 – Meghalaya Chief Minister Conrad K. Sangma presented the State Budget for the financial year 2026-27 on Monday, projecting a fiscal deficit of ₹2,672 crore, which is 3.5 per cent of the Gross State Domestic Product (GSDP).Presenting the budget in the state Assembly...

Chief Minister Conrad K. Sangma presented the budget for 2026-27 in the Meghalaya Legislative Assembly on Monday, with a fiscal deficit of ₹2,672 crore, which is approximately 3.5 percent of the state's Gross State Domestic Product (GSDP), remaining within the permissible limit.The total...

Shillong, February 23 Meghalaya Chief Minister Conrad K Sangma on Monday presented a budget of Rs 32,023 crore for the 2026-27 financial year, projecting a fiscal deficit of around 3.5 per cent of the gross state domestic product.The chief minister, who also holds the finance portfolio, did...

Mumbai, February 20 Mounting debt, the Rajya Sabha elections, and the fallout of Deputy Chief Minister Ajit Pawar's death are likely to dominate the month-long budget session of the Maharashtra Legislature, which begins on February 23, during which Chief Minister Devendra Fadnavis will also...

Bhopal, February 18 – As the Bharatiya Janata Party-led Madhya Pradesh government presented the annual budget for 2026-27 in the state Assembly on Wednesday, the opposition Congress launched a targeted attack on Chief Minister Mohan Yadav, questioning his understanding of the economy and his...

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...

Jaipur, February 17 – Responding to the budget debate in the Rajasthan Assembly, Deputy Chief Minister and Finance Minister Diya Kumari made several key announcements, including major relief measures for government employees and significant infrastructure and social sector initiatives.Diya...