state finances

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    Himachal CM Asks for Central Assistance Amid Revenue Deficit Concerns

    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...
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    Himachal Pradesh Asks Union FM to Review RDG Discontinuation

    New Delhi, March 2 – Himachal Pradesh Chief Minister Sukhvinder Sukhu met with Union Finance Minister Nirmala Sitharaman on Monday and requested a financial package under special central assistance to cover the revenue deficit for the 2026-27 fiscal year.The Chief Minister informed the Union...
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    NITI Aayog Report Highlights Fiscal Differences Among Indian States

    Gandhinagar, February 26 Gujarat's Minister of Agriculture and government spokesperson, Jitu Vaghani, said on Thursday that while the state leads the country in fiscal discipline, opposition-ruled Punjab, West Bengal, and Kerala are lagging behind.Speaking in the legislative assembly during a...
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    BMC Faces Debt: State Departments Owe Significant Sum

    Mumbai, February 26 The Maharashtra government owes the Brihanmumbai Municipal Corporation (BMC) Rs 10,931 crore, Deputy Chief Minister Eknath Shinde informed the legislative assembly on Thursday.In a written reply, Shinde, who holds the Urban Development portfolio, stated that as of December...
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    Scheme Eligibility Clarified: Wealthy Not to Utilize Welfare Benefits

    Bengaluru, February 26 – Responding to the statement by Deputy Chief Minister and Karnataka Congress President D.K. Shivakumar that the guarantee schemes are a burden on the state government, Minister for Large and Medium Industries M.B. Patil said on Thursday that the wealthy should not avail...
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    Revenue Deficit Grant Dispute: Himachal CM Criticizes BJP's Approach

    Shimla, February 24 Despite receiving the highest amount of Revenue Deficit Grant (RDG), the previous BJP-led government in Himachal Pradesh did not reduce its debt and liabilities, Chief Minister Sukhvinder Singh Sukhu said on Tuesday, accusing the saffron party of "playing politics" over the...
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    Haryana Resolves IDFC First Bank Dispute, Accountability to Follow

    Haryana Chief Minister Nayab Singh Saini informed the assembly during the ongoing budget session that the entire amount owed by IDFC First Bank to the Haryana government has been fully disbursed to the accounts of various departments. The bank has deposited ₹556 crore, including approximately...
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    State Budget Focuses on Power Subsidies and Industry Incentives

    Mumbai, February 24 – Amidst pressure on the state's finances, Maharashtra Chief Minister Devendra Fadnavis, who holds the portfolios of planning and finance, presented supplementary demands worth Rs 11,995 crore for the remaining period of the 2025-26 fiscal on Tuesday.Of the Rs 11,995 crore...
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    Assembly Dispute: Kerala Government Challenges Governor's Policy Address

    Thiruvananthapuram, February 24 – A constitutional disagreement between the Kerala government and Governor Rajendra V. Arlekar over the policy address has escalated, with Chief Minister Pinarayi Vijayan asserting on Tuesday that only the version of the address approved by the Cabinet holds...
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    Revenue Deficit Grant: Himachal Pradesh Considers Constitutional Options

    Shimla, February 23 Discussions on the Revenue Deficit Grant (RDG) in the Vidhan Sabha during the recent three-day budget session have made it clear that the BJP is "anti-Himachal" and against the interests of the state's people, Revenue Minister Jagat Negi said on Monday.Addressing the media...
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    Meghalaya Budget Prioritizes Sustainable Development and Economic Stability

    Chief Minister Conrad K. Sangma presented the budget for 2026-27 in the Meghalaya Legislative Assembly on Monday, with a fiscal deficit of ₹2,672 crore, which is approximately 3.5 percent of the state's Gross State Domestic Product (GSDP), remaining within the permissible limit.The total...
  12. K

    Bihar's Fiscal Health: NDA Defends Restrictions as Opposition Claims Bankruptcy

    Patna, February 23 – The Bihar government, led by Chief Minister Nitish Kumar, has tightened restrictions on treasury withdrawals exceeding Rs 1 crore, making prior permission mandatory. This decision, taken ahead of the March closing of the 2025–26 financial year, has triggered a fresh...
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    Bihar Assembly: Yadav Accuses NDA of Prolonged Misgovernance

    Patna, February 23 – After attending the proceedings of the Bihar Legislative Assembly, Leader of the Opposition Tejashwi Yadav launched a sharp attack on Chief Minister Nitish Kumar and the ruling National Democratic Alliance (NDA) on Monday, accusing the government of pushing Bihar into...
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    Opposition Leader Rabri Devi Demands Government Response to Law & Order Crisis

    Patna, February 23 – Former Bihar Chief Minister and Leader of the Opposition in the Legislative Council, Rabri Devi, launched a scathing attack on the NDA government on Monday, accusing it of completely failing to maintain law and order in the state.Speaking during the ongoing Budget Session...
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    Fadnavis: Ajit Pawar Was Maharashtra's 'Best CM'

    Mumbai, February 23 Maharashtra Chief Minister Devendra Fadnavis on Monday said that Ajit Pawar, who died in a plane crash last month, was "the best chief minister the state never had".Deputy Chief Minister Eknath Shinde described the late NCP leader as an "elder brother" and said that he...
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    Revanth Reddy's Telangana: Allegations of Congress Funding

    Hyderabad, February 23 – Bharat Rashtra Samithi (BRS) working president K. T. Rama Rao accused Chief Minister A. Revanth Reddy of turning Telangana into an ATM for the AICC on Sunday.In a statement, Rama Rao said that Revanth Reddy has now openly admitted what he has repeatedly said: that...
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    Maharashtra Budget Session Set to Tackle Key Issues Following Ajit Pawar's Death

    Mumbai, February 22 – The month-long budget session, starting February 23, is expected to be contentious, with the opposition, Maha Vikas Aghadi, preparing to challenge the Mahayuti government on various fronts.The ruling Mahayuti alliance (BJP, Shiv Sena-Shinde, and NCP-Sunetra Pawar) views...
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    State Budget Faces Opposition Amid Rising Debt and Reduced Spending

    Bhubaneswar, February 21 A day after Chief Minister Mohan Charan Majhi presented the Odisha Budget, the opposition BJD on Saturday claimed that the state government’s attempt to take credit by increasing the budget size to Rs 3.10 lakh crore is "unacceptable," as it is effectively negative when...
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    AAP's Fifth Budget: Prioritizing Welfare and Addressing State Concerns

    Ahmedabad, February 21 Punjab Chief Minister Bhagwant Singh Mann said on Saturday that the state government would present its fifth budget in March, reiterating that it would once again be a people-centric budget focused on the welfare of all sections of society.Speaking to the media here, CM...
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    Economic Survey: Jharkhand Sees Significant Growth and Reduced Poverty

    Ranchi, February 21 – Jharkhand’s per capita income has crossed the Rs 1 lakh mark for the first time, according to the Economic Survey 2025-26 presented in the Assembly on Saturday.Presenting the pre-Budget Economic Survey in the House, Finance Minister Radha Krishna Kishore said that the...
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