state finances

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    GSDP Growth in Odisha: A Comparison of BJD and BJP Regimes

    Bhubaneswar, February 19 The opposition BJD expressed concern on Thursday over the "declining" economic trajectory of Odisha under the BJP-led government, claiming that the Gross State Domestic Product (GSDP) growth rate was 9.6 per cent during its tenure, which has now fallen to 7.9 per cent...
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    Himachal Pradesh Sees Five-Fold Increase in Central Financial Aid Under Modi Government

    Shimla, February 19 Himachal Pradesh has received substantial financial support from the Centre since the Congress came to power in 2022, yet it continues to criticize it and the Prime Minister to divert public attention, Leader of Opposition Jairam Thakur said on Thursday.Addressing reporters...
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    Power Firm Challenges Subsidies, Supreme Court Warns of Economic Strain

    New Delhi, Feb 19 The Supreme Court on Thursday criticized the practice of offering freebies and subsidies before elections, stating that it was "high time" to revisit such policies that hinder the country's economic development.The court observed that the ultimate financial burden of these...
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    BJP Leader Highlights Centre-State Funding and Fiscal Challenges in Himachal

    Shimla, February 19 – Himachal Pradesh’s former Chief Minister Jai Ram Thakur said on Thursday that since the Congress government came to power in the state, it has regularly received substantial financial support from the Centre, but it continues to make serious remarks against the Centre...
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    Rajasthan's Fiscal Position Strengthens with Revenue Growth

    Jaipur, February 19 – Under the leadership of Chief Minister Bhajan Lal Sharma, Rajasthan has achieved sustained growth in its own tax revenue, reflecting improved financial management and administrative reforms.According to the Budget Study 2026–27, the state's own tax revenue stood at Rs...
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    Congress Protest Highlights Unfulfilled Promises in Madhya Pradesh Assembly

    Bhopal, February 19 The opposition Congress staged a protest on Thursday at the Madhya Pradesh assembly premises against the BJP-led state government's "false" and "empty" promises.Led by Leader of the Opposition Umang Singhar, Congress MLAs held a demonstration in front of the Mahatma Gandhi...
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    Bindal Accuses HP Government of Misrepresenting Revenue Deficit Grant

    Shimla, February 18 Himachal Pradesh BJP president Rajiv Bindal accused the Congress-led state government of spreading false narratives regarding the Revenue Deficit Grant and central aid on Wednesday.In a statement, he said that at the all-party meeting convened on February 13 to discuss the...
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    Fiscal Management: J&K Reduces Debt-to-GDP Ratio Amid Economic Growth

    Jammu, February 18 Jammu and Kashmir's total debt for the financial year 2024-25 is estimated at ₹1,37,067 crore, which is 48 per cent of the Union Territory's GDP, which has significantly expanded to ₹2,88,422 crore, Chief Minister Omar Abdullah said on Wednesday.Defending his government's...
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    New Madhya Pradesh Budget Prioritizes Women’s Welfare and Rural Development Initiatives

    Bhopal, Feb 18 Madhya Pradesh Finance Minister Jagdish Devda on Wednesday presented the state’s “women-centric” budget for 2026-27 with an outlay of Rs 4,38,317 crore, and said no new taxes would be imposed.Devda presented the third consecutive budget of the Mohan Yadav government amid...
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    Budget Clash: BJP Attacks DMK on Tamil Nadu's Finances

    Chennai, February 17 – The Tamil Nadu unit of the Bharatiya Janata Party (BJP) launched a strong attack on the ruling Dravida Munnetra Kazhagam (DMK) government on Tuesday, describing the State’s interim budget for 2026-27 as a “false promise” that has allegedly plunged Tamil Nadu deeper into...
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    State Finances: Andhra Pradesh Revenue Performance Under Review

    Amaravati, February 18 Andhra Pradesh is falling short of its revenue targets, achieving only 61 percent of the targeted Rs 2.18 lakh crore, while also exceeding its borrowing target by over Rs 10,000 crore, according to the CAG, even though the fiscal year 2025-26 is still two months away...
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    Assam Government Voices Concerns Over Reduced Central Funding

    Guwahati, February 17 The Assam government said on Tuesday that it has seen a steady decline in central government and Finance Commission grants over the last four fiscal years, prompting opposition parties to accuse the Centre of adopting a "stepmotherly" attitude towards the state.Responding...
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    Haryana Budget: CM Saini Highlights Public Input and Economic Growth

    Chandigarh, Feb 17 – Asserting that the BJP government's budget is the people's budget, shaped by public suggestions, Chief Minister Nayab Singh Saini on Tuesday stated that the upcoming state budget will fulfill the aspirations and expectations of the people.Referring to Haryana's economic...
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    Budget Response: BJP Raises Concerns Over Tamil Nadu Finances

    Chennai, February 17 – The Tamil Nadu unit of the Bharatiya Janata Party (BJP) launched a sharp attack on the state government's interim budget for 2026-27 on Tuesday, calling it an "empty document" that reflects "financial mismanagement, unfulfilled promises, and administrative indifference" by...
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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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    Assam's Economy Poised for Growth: Finance Minister Presents Interim Budget

    Guwahati, February 17 Assam Finance Minister Ajanta Neog presented an interim budget of ₹62,294.78 crore for the financial year 2026-27 on Tuesday, ahead of the upcoming state assembly elections.Presenting her last budget before the state goes to polls, Neog said that according to RBI data...
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    Interim Budget: Tamil Nadu Claims Union Government Undermining State Finances

    Chennai, February 17 Presenting the Interim Budget for 2026-27 in the Assembly, Tamil Nadu Finance Minister Thangam Thenarasu said on Tuesday that the union government appears to be making every effort to artificially create a fiscal crisis in Tamil Nadu.While outlining budgetary allocations...
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    Kerala's Path Forward: Balancing Fiscal Responsibility with Social Commitment

    Thiruvananthapuram, February 17 Kerala Chief Minister Pinarayi Vijayan said that states across India were facing growing fiscal constraints while their responsibilities in public service delivery and development were expanding, emphasizing the need for predictability and fairness in...
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    Uttar Pradesh's Transformation: Law, Investment, and Trust Under New Leadership

    Lucknow, February 16 – Uttar Pradesh Chief Minister Yogi Adityanath said on Monday that the state has moved from a culture of curfews to the rule of law, transforming the state into a model of investment, innovation, and transparency.Chief Minister Adityanath, participating in the discussion...
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    Budget Session: Governor's Address Focused on Revenue Deficit Grant Issues

    Shimla, February 16 In an unusual move, Himachal Pradesh Governor Shiv Pratap Shukla concluded his address to the state Legislative Assembly within two minutes on Monday, skipping a portion of the speech over what he termed as "comments on a constitutional institution".Speaking at the start of...
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