state finances

Hyderabad, March 9 – Bharat Rashtra Samithi (BRS) working president K.T. Rama Rao alleged on Monday that Telangana Chief Minister Revanth Reddy has effectively introduced a new scheme called “Rahul Bandhu” by diverting funds meant for farmers under the Rythu Bandhu scheme.Speaking at a...

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...

Mumbai, March 9 Ruling BJP member Sudhir Mungantiwar and Opposition NCP (SP) MLA Jayant Patil on Monday pressed Minister Meghana Bordikar for answers in the Maharashtra assembly over alleged discrepancies between the sanctioned funds and actual expenditure of the state women's commission...

Mumbai, March 7 Maharashtra's total outstanding debt is projected to reach Rs 11,02,654 crore in the 2026-27 financial year, up from Rs 9,73,989 crore in the revised estimates for 2025-26, according to the state government's 'Budget in Brief', released on Saturday.According to the document...

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...

Mysuru (Karnataka), March 7 Karnataka Chief Minister Siddaramaiah on Saturday rejected the BJP's criticism that the state budget was debt-driven and favoured only one section, asserting that the government has maintained fiscal discipline within the limits prescribed by law.Siddaramaiah, who...

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...

Panaji, March 6 The recent global economic situation is expected to have a significant impact on Goa's economy, which is heavily reliant on the service sector, Chief Minister Pramod Sawant said on Friday while presenting the budget for 2026-27 in the assembly.Speaking in the House, the CM...

Chandigarh, March 6 BJP National General Secretary Tarun Chugh on Friday demanded that the AAP-led Punjab government should first account for the promises made in last year’s state Budget before presenting a new Budget on March 8.Chugh said the AAP government has repeatedly made tall claims in...

Chandigarh, March 6 – Hundreds of Congress workers from Punjab staged a demonstration here on Friday against Chief Minister Bhagwant Mann and the Aam Aadmi Party government in Punjab for its failure to fulfill its commitments to the people.The party specifically mentioned the promise of Rs...

Amaravati, March 6 Andhra Pradesh Chief Minister N. Chandrababu Naidu on Friday accused the YSR Congress party of shirking its responsibility to attend the Legislative Assembly, and said that the status of opposition is determined by the people, not the government.Speaking on the Appropriation...

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...

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...

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...

Shimla, March 3 – Himachal Pradesh is facing a fiscal gap of nearly 15 per cent following the withdrawal of the Revenue Deficit Grant (RDG), according to Naresh Chauhan, Principal Media Advisor to the Chief Minister, on Tuesday.He stated that the withdrawal of the RDG directly affected almost...

Bhopal, March 2 In another significant decision related to state government employees on the occasion of Holi, the BJP-led Madhya Pradesh government announced on Monday that treasury officers will now also be allowed to hire vehicles during working hours.The government stated in a late-Monday...

Chandigarh, March 2 Senior Congress leader Bhupinder Singh Hooda on Monday termed the Haryana budget for 2026-27 as "rhetoric without reality" and alleged that the BJP government has pushed the state into a debt burden of more than ₹5.56 lakh crore.Indian National Lok Dal (INLD) president...

Chandigarh, March 2 – Reinforcing Haryana’s commitment to fiscal prudence and development-led growth, Chief Minister Nayab Singh Saini presented the state’s budget for 2026-27 on Monday, emphasizing seven key pillars that underscore disciplined financial management and a significant increase in...

Shimla, March 2 Chief Minister Sukhvinder Singh on Monday sought a financial package under special central assistance to cover the revenue deficit for the financial year 2026-27.Sukhu, who met with Union Finance Minister Nirmala Sitharaman in New Delhi, informed her that discontinuing the...