revenue deficit grant

March 26, Kohima: Chief Minister Neiphiu Rio described the State Budget 2026-27 as inclusive, sustainable, and a strategic roadmap for a developed Nagaland by 2047.Presenting the budget in the State Assembly today, he said that for the first time in the State's fiscal framework, the 2026–27...

Shimla, March 25 The BJP walked out of the Assembly on Wednesday, raising slogans after a heated exchange following Chief Minister Sukhvinder Singh Sukhu's response to the 2026-27 budget.The general discussion on the budget estimates for the financial year 2026-27 in the Himachal Pradesh...

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...

Shimla, March 24 It is acceptable to withhold a larger portion of MLAs' salaries rather than cutting the MLA Area Development Fund, said BJP MLA Randhir Sharma while participating in the budget discussion on Tuesday.The current government has incurred more debt in three years than all previous...

Shimla, March 21 – Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu presented a ₹54,928-crore budget for 2026-27, with a focus on the rural economy, and blamed the discontinuation of the revenue deficit grant to the state for annual losses exceeding ₹8,000 crore.The grant, a financial...

Shimla, March 21 Himachal Pradesh is facing a challenging economic period as the Revenue Deficit Grant (RDG) has been discontinued, but there is no financial emergency, Assembly Speaker Kuldeep Singh Pathania said here on Saturday.Speaking to reporters after the budget was passed in the...

Shimla, March 21 Himachal Pradesh Congress chief Vinay Kumar on Saturday described the state budget for the 2026-27 fiscal year as a new step on a new path, and said that despite a financial crisis, Chief Minister Sukhvinder Singh Sukhu has demonstrated his unwavering commitment to inclusive...

Shimla, March 21 – Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu presented a budget of Rs 54,928 crore for 2026-27, focusing on the rural economy, and blamed the discontinuation of the revenue deficit grant to the state for the annual losses of over Rs 8,000 crore.The grant, a...

Shimla, March 21 – In a first in the state's history, Himachal Pradesh has reduced its budget size by ₹3,586 crore, with the outlay down to ₹54,928 crore for 2026-27 from the current fiscal of ₹58,514 crore.Justifying the decision, Chief Minister Sukhvinder Singh Sukhu, in his budget speech...

Shimla, March 21 Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Saturday presented a budget of Rs 54,928 crore for 2026-27, and blamed the discontinuation of a revenue deficit grant to the state for annual losses of over Rs 8,000 crore.The grant – a financial assistance provided by...

Shimla, March 21 Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu presented a budget of ₹54,928 crore for the financial year 2026-27 in the state assembly on Saturday.Sukhu, who was presenting his fourth budget, began his speech by stating that the discontinuation of the Revenue Deficit...

Shimla, March 19 The Himachal Pradesh assembly witnessed a heated exchange of words between the ruling Congress and opposition BJP MLAs during a discussion on the Motion of Thanks on the Governor's Address.Participating in the discussion, Deputy Chief Minister Mukesh Agnihotri raised the issue...

Shimla, March 18 The BJP finds joy in working when in power, while Chief Minister Sukhvinder Singh Sukhu finds it in obstruction, Leader of the Opposition Jairam Thakur said on Wednesday.Speaking during the discussion on the Motion of Thanks on the Governor's Address, Thakur said that when the...

Shimla, March 16 The Himachal Pradesh government has released ₹500 crore to clear outstanding payments to contractors, allowing dues up to March 1 to be settled, according to Naresh Chauhan, the Chief Minister's Principal Advisor (Media), on Monday.In an official statement issued here, he said...

Shimla, March 9 Chief Minister Sukhvinder Singh Sukhu accused the BJP on Monday of working against the interests of Himachal Pradesh by not supporting the continuation of the Revenue Deficit Grant (RDG).The 16th Finance Commission has recommended the discontinuation of RDG for 17 states...

Shimla, March 9 Congress candidate Anurag Sharma was declared the elected representative for the sole Rajya Sabha seat from Himachal Pradesh on Monday, which was previously held by Indu Goswami of the BJP.The election officer, the secretary of the Vidhan Sabha, made the announcement after the...

Mandi/Shimla (HP), March 6 Chief Minister Sukhvinder Singh Sukhu said on Friday that Himachal Pradesh could have been debt-free if the previous BJP government had maintained financial discipline.Addressing a public gathering at Diyargi in the Nachan Assembly constituency of Mandi district, the...

Shimla, March 6 – Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu inaugurated a robotic surgery facility at Shri Lal Bahadur Shastri Government Medical College in Nerchowk, in the Mandi district, on Friday.The facility, established with an investment of ₹28.44 crore, marked another step...

Shimla, March 5 Kangra District Congress Committee president Anurag Sharma filed his nomination for the sole Rajya Sabha seat in Himachal Pradesh on Thursday.He was accompanied by Chief Minister Sukhvinder Singh Sukhu, Deputy Chief Minister Mukesh Agnihotri, Vidhan Sabha Speaker Kuldeep Singh...

Shimla, March 4 Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Wednesday appealed to the Central government to grant 50 per cent royalty on water used by hydroelectric power plants in the state, so that it can become self-sufficient in the absence of the Revenue Deficit Grant.The...