public debt

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    Discrepancies in Andhra State Borrowing Figures Highlighted

    Visakhapatnam, April 8 – Leader of the Opposition in the Andhra Pradesh Legislative Council, Botcha Satyanarayana, has written to Governor S. Abdul Nazeer, stating that the State Finance Department presented incorrect and incomplete information on government borrowings for 2024-25 and 2025-26 in...
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    State Government Faces Questions Over Borrowing Data

    Amaravati, April 8 Leader of the Opposition in the Andhra Pradesh Legislative Council, Botcha Satyanarayana, wrote to Governor S Abdul Nazeer on Wednesday, alleging that the state government had concealed facts and provided incorrect information regarding borrowing for the 2024–25 and 2025–26...
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    Tax Evasion in Tobacco Sector Impacts Pakistan's Finances

    New Delhi, April 7 – Large-scale tax evasion in Pakistan's tobacco sector, resulting in estimated annual losses of over Rs 300 billion, has emerged as a major concern amid the country's worsening fiscal stress, according to a local media report.The report by The Express Tribune highlighted...
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    Fiscal Management Review: CAG Report on FY25 Liabilities

    New Delhi, April 2 The overall liabilities of the Union government increased during 2024-25 mainly due to an increase in public debt, CAG said in a report on Thursday."Internal debt and external debt increased by 8.35 per cent and 9.83 per cent, respectively, compared to 2023-24. At the end of...
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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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    Middle East Impact Exacerbates Pakistan's Economic Challenges

    New Delhi, April 1: Pakistan’s economy faces significantly greater risks associated with the ongoing Middle East crisis, as the impact on the general public is considerably higher than on those nations that do not have to meet strict IMF conditions due to loans taken from the multilateral...
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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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    Report: Prolonged West Asia Conflict Threatens Pakistan's Economy

    Islamabad, March 24 – If the war in Iran does not end quickly, it could deliver the most devastating shock to Pakistan's economy in living memory, according to a report. Pakistan remains particularly vulnerable to the evolving fallout of the war, and its economy faces several challenges...
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    Governor Kataria Highlights Need for Financial Discipline Alongside Law Enforcement

    Patiala, March 9 Punjab Governor Gulab Chand Kataria on Monday said the law and order situation in the state is "challenging" and requires strong control.Speaking to reporters after paying obeisance at Kali Mata Mandir in Patiala, he said maintaining law and order is essential for the...
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    Opposition Criticizes AAP's Punjab Budget, Cites Lack of Economic Plan

    Chandigarh, March 8 – Opposition parties on Sunday strongly criticized the AAP government over the Punjab budget, stating that it "completely ignored" the urgent need to revive the "struggling economy." The Congress called the announcement of a monthly financial assistance of Rs 1,000 for women...
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    Economic Survey: Maharashtra's Debt to Increase, Remains Within FRBM Limits

    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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    Kumaraswamy Criticizes Karnataka Budget, Citing Economic Disarray

    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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    State Economic Survey Highlights Growth and Increasing Debt in Maharashtra

    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...
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    Maharashtra Budget Session Set to Tackle Key Issues Following Ajit Pawar's Death

    Mumbai, February 22 – The month-long budget session, starting February 23, is expected to be contentious, with the opposition, Maha Vikas Aghadi, preparing to challenge the Mahayuti government on various fronts.The ruling Mahayuti alliance (BJP, Shiv Sena-Shinde, and NCP-Sunetra Pawar) views...
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    State Finances: Gujarat's Debt Figures Revealed

    Gandhinagar, February 19 Gujarat's total public debt has risen to ₹3,99,633 crore in 2024-25, according to revised estimates, the state assembly was informed on Thursday.This was announced by Finance Minister Kanubhai Desai during the Question Hour of the ongoing Budget session in response to...
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    Assam Government Voices Concerns Over Reduced Central Funding

    Guwahati, February 17 The Assam government said on Tuesday that it has seen a steady decline in central government and Finance Commission grants over the last four fiscal years, prompting opposition parties to accuse the Centre of adopting a "stepmotherly" attitude towards the state.Responding...
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    Tamil Nadu Budget Highlights Debt Increase and Revenue Deficit Concerns

    Chennai, February 17 – Tamil Nadu’s outstanding public debt is projected to reach Rs 10.71 lakh crore in 2026-27, Finance Minister Thangam Thennarasu said on Tuesday while presenting the Interim Budget in the Assembly.According to the Interim Budget Estimates for 2026-27, the state’s debt is...
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    Andhra Pradesh Unveils ₹3.32 Trillion Budget Focused on Development and Welfare

    Seeking to balance welfare and development, the Andhra Pradesh government presented a budget of over ₹3.32 trillion for 2026-27, stating that the state's finances were still recovering from the previous YSRCP's policies.The budget was ₹10,000 crore higher than the previous fiscal year, with an...
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    New Andhra Pradesh Budget Focuses on Economic Regions and Welfare Schemes

    Seeking to balance welfare with development, the Andhra Pradesh government presented a budget of over ₹3.32 trillion for 2026-27, stating that the state's finances were still recovering from the previous YSRCP regime's challenges.The budget size was ₹10,000 crore higher than the previous...
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    State Budget Details: Infrastructure, Welfare Schemes, and Debt Management

    Amaravati, February 14 – In a move aimed at balancing development and welfare, the Andhra Pradesh government on Saturday presented a budget of over ₹3.32 trillion for 2026-27, an increase of ₹10,000 crore from the current fiscal year, with projected revenue expenditure of ₹2.56 trillion and...
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