state finances

Shimla, March 21 – Former Himachal Pradesh Chief Minister and Leader of the Opposition, Jai Ram Thakur, on Saturday described the state's budget as "the most disappointing and directionless in the state's history," offering absolutely nothing to the people.He stated that the budget...

Shimla, March 21 Leader of the Opposition in the Himachal Pradesh Assembly, Jai Ram Thakur, on Saturday said the budget presented by Chief Minister Sukhvinder Singh Sukhu is the most tedious, disappointing, and directionless budget in the state's history.Speaking to the media here, the former...

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 20 Himachal Pradesh is not facing a financial crisis, but is steadily moving towards self-reliance through economic reforms, Chief Minister Sukhvinder Singh Sukhu said in the Assembly on Friday while responding to the Motion of Thanks on the Governor's Address.Dissatisfied with...

Shimla, March 20 – Himachal Pradesh’s economy continued on a strong and resilient growth trajectory, Chief Minister Sukhvinder Sukhu said on Friday.Presenting the Economic Survey for 2021-22 in the Assembly, CM Sukhu, who also holds the finance portfolio, said that according to advance...

Amaravati, March 17 – Former Andhra Pradesh Chief Minister and YSR Congress Party president Y.S. Jagan Mohan Reddy said on Tuesday that there is widespread public resentment against the coalition government.Addressing YSRCP leaders and cadres from Ongole, he said he would embark on a padyatra...

Agartala, March 17 The Tripura Pradesh Congress Committee (TPCC) president, Asish Kumar Saha, alleged on Tuesday that the BJP government has been pushing the northeastern state towards a "mountain of debt.""The state government's budget, presented in the Tripura Assembly on Monday, was the...

Shimla, March 17 In a scathing attack on the Sukhvinder Singh Sukhu government, Leader of the Opposition in the Himachal Pradesh Assembly, Jai Ram Thakur, said on Tuesday that the administration and law enforcement agencies in the state have been operating on an ad hoc basis, while those close...

Hyderabad, March 16 Renowned economist Arvind Subramanian met Telangana Chief Minister A Revanth Reddy on Monday and made key suggestions on improving the state's economy.Reddy and his deputy, Mallu Bhatti Vikramarka, discussed the electricity sector, stamps and registration, and GST with...

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...

Kolkata, March 16 The Trinamool Congress (TMC) on Monday called the Election Commission's reshuffle of senior administrative and police officials in West Bengal a "panic reaction by a party that realizes it cannot win elections through democratic means", while the opposition BJP and CPI(M)...

Mohali, March 14 Shortly after Union Home Minister Amit Shah criticized the Punjab government over various issues, including the drug menace in the state, Chief Minister Bhagwant Mann responded on Saturday, accusing the BJP-led Centre of failing to take strict action following a large drug...

Chennai, March 14 AMMK general secretary TTV Dinakaran on Saturday criticized the DMK government over the law and order situation, stating that it has become a "laughing stock" in Tamil Nadu over the past five years.He said that there is no day without murders and robberies in the state, in a...

Chandigarh, March 13 Ahead of Union Home Minister Amit Shah's political rally in Moga on Saturday, Punjab Finance Minister Harpal Singh Cheema on Friday criticised the Centre for allegedly withholding funds to the state and asked state BJP leaders to seek clarification from Amit Shah regarding...

NITI Aayog released the second annual edition of the Fiscal Health Index 2026 in New Delhi today. The report highlights several policy priorities for strengthening fiscal health across states.These include enhancing revenue mobilization and strengthening state-owned tax capacity, rationalizing...

Bengaluru, March 11 Responding to the issue of a shortage of LPG cylinders due to the conflict involving Israel, the US, and Iran, BJP state President and MLA B.Y. Vijayendra said on Wednesday that the Central government is taking the necessary steps to ensure the supply of LPG cylinders, and...

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...

New Delhi, March 11 The government think tank, Niti Aayog, urged state governments on Wednesday to adhere to fiscal deficit norms under the FRBM Act through disciplined expenditure management, expanding the GST base, and enhancing their own tax capacity.The Fiscal Responsibility and Budget...

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...