revenue deficit

Shimla, March 30 The Himachal Pradesh Assembly passed the budget for 2026-27 and the related Appropriation Bill 2026 on Monday, authorizing the government to spend ₹58,830.30 crore from the consolidated fund.The revenue deficit in the budget presented by Chief Minister Sukhvinder Singh Sukhu...

New Delhi, March 30 The central government'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 year-ago period, according to government data released on Monday.The Centre estimates the...

On March 25 in Bengaluru, Karnataka Chief Minister Siddaramaiah defended the State Budget for 2026-27, responding to criticism from the opposition. He stated, "Even when compared to other progressive states in South India, our fiscal deficit remains within the prescribed limits." Opposition...

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...

Shimla, March 23 Leader of the Opposition in Himachal Pradesh, Jai Ram Thakur, criticized the budget for the 2026-27 fiscal year, saying that it offers absolutely nothing for the state, which is facing a financial emergency.Speaking to the media after participating in the budget discussion...

Shimla, March 21 Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Saturday presented a budget of Rs 54,928 crore for 2026-27, with a revenue deficit of Rs 6,577 crore and a fiscal deficit of Rs 9,698 crore.Presenting his fourth budget, Chief Minister Sukhu, who also holds the finance...

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...

Amaravati, March 11 YSRCP supremo Y S Jagan Mohan Reddy accused the Andhra Pradesh government led by N Chandrababu Naidu of accumulating debts equivalent to 97% of the borrowing during his 5-year tenure in just two years.Reddy claimed that the TDP-led government had already borrowed Rs 3.2...

Amaravati, March 11 YSRCP supremo YS Jagan Mohan Reddy accused the N Chandrababu Naidu-led NDA government in Andhra Pradesh of accumulating debts equivalent to 97 per cent of the amount borrowed during his entire 5-year tenure, over a period of two years.Reddy stated that the TDP-led NDA...

Mumbai, March 10 – During the Legislative Assembly's budget discussion, senior NCP (SP) legislator and former Finance Minister Jayant Patil on Tuesday criticized the state government's fiscal roadmap, labeling the 2026-27 budget as a "document of deception."Patil argued that the government's...

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...

While Pune district has received the highest overall allocation in the District Annual Plan (DAP) for the 2026-27 financial year, Nagpur – the district where Chief Minister Devendra Fadnavis resides – has seen the most significant increase in funding.According to the Maharashtra Budget...

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...

Chandigarh, March 8 Every promise made to the people of Punjab has been fulfilled, Finance Minister Harpal Singh Cheema said on Sunday as he presented the state's budget for 2026-27 with an allocation of Rs 2,60,437 crore.This is the last budget of the AAP government in Punjab before it goes...

Mysuru (Karnataka), March 7 Karnataka Chief Minister Siddaramaiah said on Saturday that the allegation that the state government has excessively increased borrowing is far from the truth and maintained that the objective of this year’s Budget is to provide equal opportunities to people from all...

Amaravati, March 7 The Andhra Pradesh government availed ₹1.72 lakh crore through special drawing facilities, ways and means advances, and overdraft during 2024-25, resulting in paying ₹303 crore towards interest, according to a CAG report.The Comptroller and Auditor General report, which was...

Amaravati, March 7 The Andhra Pradesh government availed ₹1.72 lakh crore through special drawing facilities, ways and means advances, and overdraft during 2024-25, resulting in paying ₹303 crore towards interest, according to a CAG report.The Comptroller and Auditor General report, which was...

In his 17th budget presented in the Assembly on Friday, Karnataka Chief Minister Siddaramaiah proposed a ban on social media for children under 16, along with numerous other announcements, including upgrading schools, implementing various water projects including the Mekedatu reservoir (which...

On March 6 in Bengaluru, R. Ashoka, the Leader of the Opposition in the Karnataka Legislative Assembly and a senior BJP leader, criticized the State Budget presented by Chief Minister Siddaramaiah. He alleged that the budget imposes a massive debt burden on the state's people while offering...

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...