government finance

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    Himachal Government's Borrowing and Central Transfers Detailed

    Shimla, April 2 The Himachal Pradesh government raised loans amounting to ₹35,555 crore over the past three years, and the state's debt liability stood at ₹1,01,863 crore as of January 31, 2026.Chief Minister Sukhvinder Singh informed the state assembly during question hour on Thursday that...
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    Debt Burden and Welfare Concerns in Madhya Pradesh

    Bhopal, Apr 2 The BJP government in Madhya Pradesh has plunged the state into heavy debt, which has benefited politicians, officials, and intermediaries, while the ultimate burden will fall on citizens, the Communist Party of India (Marxist) claimed on Thursday.In a press statement, MP CPI (M)...
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    J&K CM Details Payments to Contractors and Employees

    Jammu, March 31 Jammu and Kashmir Chief Minister Omar Abdullah said on Tuesday that the government is regularly clearing its financial liabilities, including dues to contractors and retired employees, with over Rs 18,000 crore paid during the 2025-26 financial year.Responding to a question...
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    Himachal Pradesh Debt Liability Increases by ₹10,966 Crore

    Shimla, March 30 The debt liability of the Himachal Pradesh government increased by ₹10,966 crore in 2024-25, reaching ₹1,03,331.91 crore, the Comptroller and Auditor General (CAG) revealed in its latest Financial Report.This figure is up from the ₹92,365 crore that the state owed as of April...
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    Centre's Spending Exceeds Budget by February-End

    New Delhi, March 30 The Centre's fiscal deficit stood at Rs 12.52 lakh crore at the end of February, or 80.4 per cent of the annual budget target for 2025-26, compared to 85.8 per cent in the previous year, according to government data released on Monday.The central government estimates the...
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    West Bengal Government Announces Single Payment for DA Arrears

    Kolkata, March 28 The West Bengal government will pay the outstanding Dearness Allowance (DA) arrears to serving employees, pensioners, and family pensioners in a single installment instead of the two installments announced earlier, an official said on Saturday.This decision follows a Supreme...
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    Jammu & Kashmir Finances: Reports Submitted to Legislative Assembly

    Relevance: UrgentSubject: CM AssemblyCategory: FinanceCM Omar presents Finance and Audit Reports to Legislative AssemblyChief Minister Omar Abdullah presented copies of key financial and audit documents related to the finances of Jammu and Kashmir to the House today.Srinagar, March 28...
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    India to Borrow Heavily for Fiscal Deficit – Key Dates & Details

    New Delhi, March 27 The Centre is planning to mobilize Rs 8 lakh crore through dated securities during the April-September period of 2026-27 to fund the revenue gap, the finance ministry said on Friday.Gross Market Borrowings in BE 2026-27 were Rs 17.20 lakh crore. Since the Budget...
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    India to Issue Sovereign Green Bonds in FY27

    New Delhi, March 27 The Centre plans to raise Rs 8 lakh crore through dated securities during the April-September period of 2026-27 to bridge the revenue gap, the finance ministry said on Friday.Gross Market Borrowings in BE 2026-27 are estimated at Rs 17.20 lakh crore. Since the Budget...
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    Budget 2026-27 Approved: Key Expenditure Details

    New Delhi, March 27 The Parliament on Friday passed the Finance Bill 2026, with the Rajya Sabha returning it to the Lok Sabha through a voice vote, completing the budgetary exercise for the next fiscal, which begins on April 1.The Lok Sabha had passed the bill on March 25, along with 32...
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    Financial Session Update: Appropriation Bills Pass in Assembly

    Relevance: UrgentSubject: Appropriation BillsCategory: FinanceJK Assembly passes three Appropriation Bills during Budget SessionThe Jammu and Kashmir Legislative Assembly today passed three key Appropriation Bills during the ongoing Budget Session of the House. Earlier, Chief Minister...
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    Fuel Prices Stagnant Despite Crude Price Drops, Congress Claims

    New Delhi, March 27 – The Congress party on Friday accused the government of reducing excise duties on petrol and diesel due to upcoming state assembly elections, pointing out that consumer prices in India have not decreased even when global crude oil prices have fallen on seven separate...
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    State Faces Backlash as Odisha Withdraws Legislative Pay Increase

    Bhubaneswar, March 26 – The Secretariat of the Odisha Legislative Assembly has formally notified members about the withdrawal of the controversial amendment bills that proposed a threefold increase in the salaries and allowances of legislators and ministers.In an official communication...
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    Retirement Security Under Pressure: Social Security's Future

    Washington, March 26. Social Security, the cornerstone of retirement security for millions of Americans, is facing a financial crisis, with lawmakers warning that benefits could be significantly reduced within the next decade if Congress fails to take action.During a hearing of the Senate...
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    Budget Discrepancies: BJP Accuses Siddaramaiah of Misleading Figures

    Bengaluru, March 25 – Responding to Chief Minister Siddaramaiah’s defense of the 2026–27 Budget, the Karnataka BJP accused him on Wednesday of presenting a misleading narrative on the state’s finances.Senior BJP leader and Leader of the Opposition R. Ashoka, in a statement, criticised the...
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    Budget Impacts Himachal Residents with Tax Increases

    Shimla, March 24 Himachal Pradesh BJP chief Rajeev Bindal said on Tuesday that the budget presented by the Sukhvinder Singh Sukhu-led government is "anti-people" as it imposes taxes on them.Addressing a press conference here, Bindal said this is the first time in Himachal Pradesh that a...
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    RBI Fund Holdings and Investor Interest in Sovereign Bonds

    New Delhi, March 24 The unclaimed amount transferred by public sector banks to the Depositor Education and Awareness (DEA) Fund of the Reserve Bank of India stood at ₹60,518 crore as of January 2026, the Rajya Sabha was informed on Tuesday.Additionally, the unclaimed insurance amount...
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    Himachal Pradesh Records Record Loans, Repayments in FY26

    Shimla, March 24 Facing a severe financial crisis, the Himachal Pradesh government took out loans amounting to Rs 41,173 crore, which is its highest ever, and also repaid loans worth Rs 32,004 crore in the financial year 2025-26, according to the revised budget estimates.A provision of Rs...
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    Jaibhan Singh Pawaiya Appointed to Madhya Pradesh Finance Commission

    Bhopal, March 23 Senior Bharatiya Janata Party leader and former MP, Jaibhan Singh Pawaiya, assumed the role of Chairman of the Madhya Pradesh State Finance Commission on Monday.Pawaiya told reporters that he planned to conduct field visits after understanding the Commission's working methods...
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    Modi Criticizes Oil Bonds, Flags Rs 3Lakh Crore Burden

    New Delhi, March 23 – Prime Minister Narendra Modi sharply criticised the Congress party’s past policies on Monday while addressing the TV9 Network's 'What India Thinks Today' summit.Speaking at the event, themed "India and the World," he highlighted India's rising global standing amid ongoing...
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