government debt

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    India's Tax System: A Shift Towards Simplicity & Transparency

    Finance Minister Nirmala Sitharaman stated today that India's tax system has evolved towards simplification, technology, trust, and transparency, which are strengthening fiscal capacity. Addressing the Golden Jubilee celebrations of the National Institute of Public Finance and Policy in New...
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    FM Sitharaman Highlights India's Fiscal Space and RBI's Options

    New Delhi, April 6 – India's strong fiscal position and robust foreign exchange reserves provide the Reserve Bank of India with more policy flexibility, Finance Minister Nirmala Sitharaman said on Monday.Addressing the golden jubilee celebrations of the National Institute of Public Finance and...
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    Vijayendra Challenges Siddaramaiah to District Debate on Finances

    Bengaluru, April 1 Amid the campaign for by-elections, Karnataka BJP President and MLA B.Y. Vijayendra on Wednesday escalated his attack on Chief Minister Siddaramaiah over the state’s financial condition, challenging him to a public debate across districts and renewing his demand for a white...
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    Discom Dues Review: Delhi to Investigate Payment Issues

    New Delhi, March 30 Delhi Power Minister Ashish Sood said on Monday that the Delhi government will conduct a CAG audit of the discoms in the city to review their repayment of dues amounting to ₹38,000 crore.Delhi's power regulator, DERC, in an affidavit filed with the Appellate Tribunal for...
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    Revanth Reddy Announces Initiatives for Healthcare, Education, and Relief Funds

    On Thursday, Telangana Chief Minister A. Revanth Reddy said that healthcare and education are the top priorities of his government.In his reply to the debate on grant demands in the Assembly, the Chief Minister assured that the government would not cut a single rupee from the funds allocated...
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    Rajasthan Leader of Opposition Demands All-Party Response to Crisis

    Jaipur, March 25 – Tikaram Jully, the Leader of the Opposition in the Rajasthan Legislative Assembly, has strongly criticized the BJP government and the Chief Minister over the prevailing situation, including the collapse of the RGHS scheme and the LPG crisis in the state.He stated that while...
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    Farmers Demand Exclusion of Key Sectors from Trade Pact

    New Delhi, March 19 Farmers, under the banner of the Samyukt Kisan Morcha (Non-Political), demanded on Thursday that the agriculture, dairy, and poultry sectors be excluded from the proposed India-US trade agreement, emphasizing that duty-free imports would spell doom for domestic producers...
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    Telangana CM Details KCR's Salary & Debt While Criticizing Assembly Absence

    Hyderabad, March 18 Telangana Chief Minister A Revanth Reddy on Wednesday criticized former BRS supremo K Chandrasekhar Rao for not attending the Assembly for the past two years, saying that Rao has received over Rs 1 crore in salary and allowances from December 2023 until now as the Leader of...
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    Maharashtra Assembly Walkout Over Farmer MGNREGS Payments

    Mumbai, March 18 Members of the opposition staged a walkout from the Maharashtra assembly on Wednesday over the issue of pending payments under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), alleging that farmers have not received their dues for several years.The...
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    Tripura Debt Concerns Rise as Congress Criticizes Budget

    Agartala, March 17 The Tripura Pradesh Congress Committee (TPCC) president, Asish Kumar Saha, alleged on Tuesday that the BJP government has been pushing the northeastern state towards a "mountain of debt.""The state government's budget, presented in the Tripura Assembly on Monday, was the...
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    Central Bank Injects ₹50,000 Crore into Market via Government Securities

    Mumbai, March 13 The Reserve Bank of India (RBI) injected ₹50,000 crore into the banking system on Friday through Open Market Operations (OMO) purchases of government securities.The central government purchased 7.41 per cent GS 2036 bonds worth ₹14,491 crore, 6.45 per cent GS 2029 bonds worth...
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    Andhra Finance Minister Blames Jagan for Revenue Deficit

    Amaravati, March 12 Andhra Pradesh Finance Minister P Keshav on Thursday blamed former CM YS Jagan Mohan Reddy for the total revenue deficit in the current TDP-led NDA government, after the opposition leader criticised the present regime for allegedly causing economic devastation.On Wednesday...
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    Karnataka Budget: Vijayendra Criticizes Borrowing Over Development

    Bengaluru, March 12 – BJP state president and MLA B.Y. Vijayendra criticised the Karnataka government over the state budget for 2026–27 on Thursday, alleging that the government’s only achievement has been increasing borrowing while failing to ensure overall development of the state...
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    Delegation Meets Minister on Delayed Rural Development Payments

    A delegation from the Kashmir RDD Vendors' Association met with Minister Javid Ahmed Dar of the Rural Development Department on Tuesday and raised concerns about unpaid bills for work completed by vendors between 2017 and 2020.Srinagar, March 10: A delegation from the Kashmir RDD Vendors'...
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    Fiscal Challenges: Karnataka CM Details Funding Shortfalls

    Bengaluru, March 9 – Chief Minister Siddaramaiah defended Karnataka’s fiscal management on Monday, blaming the Centre for shortfalls in expected funds, stating that the state was forced to present a deficit budget despite maintaining financial discipline.Addressing a training session for...
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    Political Shift in Punjab: Dissidents Return to SAD Amidst Allegations

    Hoshiarpur (Punjab), March 9 Shiromani Akali Dal (SAD) president Sukhbir Singh Badal on Monday alleged that the law and order situation in Punjab had deteriorated under the Aam Aadmi Party government and accused it of trying to influence voters through financial schemes announced ahead of...
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    PSPCL Records Manipulation: Allegations of Financial Misconduct

    Chandigarh, March 9 Punjab BJP president Sunil Jakhar alleged on Monday that the AAP government in the state was conspiring to financially weaken the Punjab State Power Corporation Limited (PSPCL) by manipulating financial records and misleading people about electricity tariff reductions...
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    Revised PSPCL Petition Sparks Debate Over State's Power Sector

    Chandigarh, March 9 – Punjab BJP President Sunil Jakhar on Monday exposed what he described as a conspiracy by the state AAP government to financially bankrupt the Punjab State Power Corporation Ltd (PSPCL).Jakhar explained to the media here, with supporting facts, how the government is...
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    RBI Injects ₹50,000 Crore into Banks via Government Securities

    Mumbai, March 9 The Reserve Bank of India (RBI) injected ₹50,000 crore into the banking system on Monday through Open Market Operations (OMO) purchases of government securities, according to a release.The central bank purchased 6.33% GS (Government Security) bonds worth ₹13,507 crore, 6.01% GS...
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    Maharashtra's Growth Strategy Relies on Infrastructure Investments

    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...
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