state debt

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    Karnataka Budget Accused of Mismanagement and Vote Bank Politics

    New Delhi/Bengaluru, March 6: Union Minister for Food, Consumer Affairs and Public Distribution, Pralhad Joshi, has criticised the 17th Budget presented by Chief Minister Siddaramaiah, stating that its only distinction is its large size of Rs 4.48 lakh crore, while also setting records in terms...
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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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    BJP Stages 'Khaali Chambu' Protest Against Karnataka Budget

    Bengaluru, March 6 The opposition BJP in Karnataka staged a "Khaali Chambu" protest on Friday, stating that the budget presented by Chief Minister Siddaramaiah is an empty vessel, offering nothing to the people.Holding "Khaali Chambu" (empty vessel), party legislators, including the Leader of...
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    Reforms and Relief: Key Focus of Maharashtra's Upcoming Budget

    Mumbai, March 6 Amid a record-breaking debt of Rs 9.32 lakh crore and the ambitious goal to reach a one trillion dollar economy by 2030 and five trillion dollar under the Maharashtra 2047 mission, Maharashtra Chief Minister Devendra Fadnavis, who holds the planning and finance departments, will...
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    Maharashtra's Fiscal Outlook: Debt Levels and Growth Projections

    Mumbai, March 5 Maharashtra's economy remains the largest in the country, with a nominal Gross State Domestic Product (GSDP) estimated at Rs 46.22 lakh crore in 2024-25, which is expected to reach Rs 51 lakh crore, according to the Economic Survey 2025-26, tabled in the assembly on Thursday...
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    Punjab Budget to Address Women's Aid and Key Governance Concerns

    Chandigarh, March 5 The budget session of the Punjab Assembly, scheduled to begin on March 6, is likely to see heated debates as opposition parties – the Congress, BJP, and the Shiromani Akali Dal – will try to put pressure on the Bhagwant Mann government over key issues, including...
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    State's Fiscal Outlook: Growth, Debt, and Revenue Estimates

    Mumbai, March 5 – Maharashtra's economy is projected to grow by 7.9 per cent in 2025-26, compared to India's growth rate of 7.6 per cent, primarily due to record collections of Goods and Services Tax (GST) and favorable market conditions.Maharashtra continues to be the engine of the country's...
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    State Debt Skyrockets: Surjewala Raises Concerns Over Haryana's Finances

    Chandigarh, March 3 Congress general secretary Randeep Singh Surjewala on Tuesday alleged that Haryana is on the verge of a "financial emergency," and claimed that the state's debt has increased by 456 percent over the past 12 years.Commenting on the state budget proposals presented by Chief...
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    Financial Reforms in Punjab: AAP Government Cuts Debt-to-GSDP Ratio

    Chandigarh, March 3 – Punjab Finance Minister Harpal Singh Cheema stated on Tuesday that the AAP government has reduced the debt-to-GSDP ratio to 44.47 percent, a decrease of four percentage points. He also claimed that the government is spending 85 percent of its borrowings on servicing...
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    State Budget Reveals Rising Debt and Cuts to Social Programs in Haryana

    Chandigarh, March 3 Congress general secretary Randeep Singh Surjewala on Tuesday alleged that Haryana is on the verge of a "financial emergency", claiming that the state's debt has increased by 456 per cent over the past 12 years.Commenting on the state budget proposals presented by Chief...
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    AAP Government Cuts State Debt to 44.47%, Focuses on Old Debt Servicing

    Chandigarh, March 3 Punjab Finance Minister Harpal Singh Cheema said on Tuesday that the AAP government has reduced the debt-to-GSDP ratio to 44.47 per cent, a decrease of four percentage points, and also claimed that it was spending 85 per cent of its borrowings on servicing old debt raised by...
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    Financial Gains and Debt Management: Mizoram's Press Conference Highlights

    February 26th, Aizawl: Addressing a press conference after the session, Chief Minister Lalduhoma highlighted a significant financial boost from the Centre. Thanks to the 16th Finance Commission raising the horizontal devolution rate, Mizoram's share of Central Taxes & Duties has risen to...
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    Punjab Debt Surpasses Rs 4 Lakh Crore: Congress Raises Concerns

    Chandigarh, February 25 Punjab Congress president Amarinder Singh Raja Warring on Wednesday alleged that the Punjab government was pushing the state towards financial distress by announcing schemes without clear sources of funding.The Punjab Congress chief said the Aam Aadmi Party (AAP)...
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    Karnataka BJP Reaffirms Commitment to Modi's Vision, Prepares for 2028

    Bengaluru, February 19 – The State Executive meeting of the Karnataka unit of the Bharatiya Janata Party (BJP) was inaugurated in Bengaluru on Thursday at Palace Grounds. Union Minister for Culture and Tourism, Gajendra Singh Shekhawat, inaugurated the meeting at Gayatri Grand, Palace Grounds...
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    State's Debt Problem Intensifies: Budget Reveals Borrowing Spree

    Bhopal, Feb 18 – The opposition Congress and the Communist Party of India (Marxist) on Wednesday criticized the Madhya Pradesh government over the state's budget for 2026-27, arguing that the state's economy was in a dire situation and heavily reliant on borrowing.The Congress described the...
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    Himachal Assembly: BJP and Congress Clash Over Revenue Deficit Grant

    Shimla, Feb 17 – The ruling Congress and the opposition BJP accused each other of financial mismanagement on Tuesday as a discussion on the Revenue Deficit Grant turned heated in the Himachal Pradesh Assembly for the second day in a row.Chief Minister Sukhwinder Singh Sukhu and Leader of the...
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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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    MP's Rising Debt: Concerns Over Revenue Shortfalls Under BJP Rule

    Bhopal, February 17 – Senior Congress leader and former Madhya Pradesh Chief Minister Kamal Nath criticised the ruling Bharatiya Janata Party on Tuesday, alleging that the state's economic condition has worsened under its governance.He claimed that the BJP's administrative approach over the...
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