Search For "finance commission"
16th Finance Commission proposals long-term positive for states: CRISIL Ra
Updated : 1 week ago IST
The recommendations of the 16th Finance Commission (FC), which emphasise reducing revenue deficits and boosting growth-oriented capital spending, are expected to support the fiscal health of states in the long term, according to a report by CRISIL Ratings. However, the rating agency noted th
Read More
Himachal CM Sukhu meets Union Finance Minister, seeks special central assi
Updated : 1 week, 4 days ago IST
Himachal Pradesh Chief Minister Thakur Sukhvinder Singh Sukhu called on Union Finance Minister Nirmala Sitharaman at New Delhi on Monday and sought a financial package under special central assistance to cover the revenue deficit for the financial year 2026-27.
Read More
BJP cites Telangan Chief Secretary's report to allege financial mismanagem
Updated : 2 weeks, 1 day ago IST
Addressing deliberations linked to the 16th Finance Commission, the Chief Secretary revealed that Telangana's monthly salary and pension outgo has skyrocketed from approximately Rs 1,500 crore in 2014 to nearly Rs 6,000 crore today -- a fourfold surge in just ten years. This
Read More
"Calling BJP leaders 'anti-Himachal' reflects frustration, loss of balance
Updated : 2 weeks, 4 days ago IST
Referring to the issue of Revenue Deficit Grant (RDG), Jamwal stated that the matter was discussed extensively in the Assembly for three consecutive days, where both the ruling party and the opposition presented their views, all of which are part of the official legislative record. He cla
Read More
Himachal CM Sukhu slams BJP for opposing resolution on Revenue Deficit Gra
Updated : 3 weeks, 2 days ago IST
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu criticised opposition BJP MLAs on Wednesday after they refused to support a government resolution seeking the restoration of the Revenue Deficit Grant (RDG).
Read More
Tamil Nadu unfairly treated by 16th Finance Commission, says TN Finance Mi
Updated : 3 weeks, 3 days ago IST
Speaking in the Legislative Assembly while presenting the Interim Budget, Thennarasu said that despite all States unanimously demanding a higher share in the divisible pool, the Commission has recommended retaining it at 41 per cent.
Read More
State government will provide support price for ginger: Himachal Pradesh C
Updated : 3 weeks, 6 days ago IST
Remembering the State's first Chief Minister, YS Parmar, the Chief Minister said that he enacted Section 118 of the law to protect the interests of the people of Himachal Pradesh, and the current State government is following in his footsteps. He said that the state had been receiving the
Read More
Himachal Pradesh CM Sukhu slams BJP for walking out of all-party meeting o
Updated : 4 weeks ago IST
He criticised the BJP for walking out of the meeting midway, terming the move highly condemnable. "It appeared the BJP was not willing to stand for the rights of the State and had attended the meeting only under public pressure before leaving it midway," he said.
Read More
Himachal: BJP walks out of all-party meet on revenue deficit grant; CM Suk
Updated : 4 weeks ago IST
The meeting was called following the 16th Finance Commission's reported decision to discontinue the Revenue Deficit Grant to certain states, including Himachal Pradesh.
Read More
41% share of taxes devolved to States, estimated at Rs 25.44 lakh crore fo
Updated : 1 month ago IST
"In the coming year, the States' share is estimated at Rs 25.44 lakh crore, which is devolved to them, an increase of Rs 2.7 lakh crore from last year," she said while replying to the debate in the Lok Sabha on the Union Budget 2026-27. She cited the 16th Finance Commission and said it ha
Read More
"BJP plundered state treasury instead of investing in development": Himach
Updated : 1 month ago IST
Himachal Pradesh Chief Minister Sukvinder Singh Sukhu accused the previous BJP administration of plundering the state coffers and spending lavishly instead of investing in development or essential infrastructure.
Read More
HP government seeks opposition's support to fight Revenue Deficit Grant wi
Updated : 1 month ago IST
Addressing the gathering, Sukhu said the 16th Finance Commission's decision not to recommend RDG has pushed the hill state into a serious financial emergency."Himachal Pradesh is a geographically difficult hill state.
Read More