Search For "revenue deficit"
Revenue deficit grant cut will severely impact Himachal's economy, all par
Updated : 2 months, 1 week ago IST
Reacting to the Centre's decision to discontinue the Revenue Deficit Grant (RDG), the Chief Minister said that after the recent development on the 8th, where the central government stopped the Revenue Deficit Grant, a cabinet meeting has been convened to discuss the issue. Following this,
Read More
Naresh Chauhan urges BJP MPs to clarify stand on revenue deficit grant, ca
Updated : 3 months, 2 weeks ago IST
Speaking to the media here, Chauhan described the discontinuation of the revenue deficit grant as a "grave injustice" to hill states. He said that since Independence, successive Finance Commissions had recognised the difficult geographical conditions of hill states and introduced a system
Read More
Himachal PWD Minister calls Union Budget 2026-27 "disappointing", criticis
Updated : 3 months, 3 weeks ago IST
Speaking to the media in Shimla, Singh said Himachal Pradesh had high expectations from the Union Budget presented on February 1 by Union Finance Minister Nirmala Sitharaman, but the state received no special mention.
Read More
"Centre gives step-motherly treatment to Himachal Pradesh": HPCC Chief Vin
Updated : 3 months, 3 weeks ago IST
Speaking to reporters in Shimla, Vinay Kumar said the Congress had expected special consideration for Himachal Pradesh, particularly given its difficult geography and the repeated natural disasters that have hit the state over the past two to three years.
Read More
Ending Revenue Deficit Grant violates federal rights of states: Himachal C
Updated : 3 months, 3 weeks ago IST
The Chief Minister of Himachal Pradesh, Sukhvinder Singh Sukhu on Sunday termed the tapering and effective ending of the Revenue Deficit Grant (RDG) as a "black day for Himachal Pradesh", alleging that it amounts to a violation of the constitutional rights of states under India's federal
Read More
State Minister Vikramaditya Singh says Union Budget overlooks Himachal's f
Updated : 3 months, 3 weeks ago IST
The minister pointed out that the revenue deficit grant received by Himachal Pradesh under the recommendations of the Finance Commission has been steadily decreasing in recent years and has now been practically eliminated, whereas, given the state's financial situation and the heavy losse
Read More
Himachal Pradesh Minister Harshwardhan Chauhan seeks higher Revenue Defici
Updated : 3 months, 3 weeks ago IST
Speaking to ANI ahead of the Budget presentation on Sunday, Chauhan said, "Tomorrow, the Finance Minister will present the Union Budget. We hope that Himachal Pradesh will receive a generous allocation, especially through our Revenue Deficit Grant (RDG). For the current financial year 202
Read More
Eco survey raises concern of States fiscal situation, revenue surplus stat
Updated : 3 months, 3 weeks ago IST
The number of Indian states reporting a revenue surplus has declined sharply over the years, falling from 19 in FY19 to just 11 in FY25 (Provisional Accounts), highlighting rising fiscal stress at the state level, according to the Economic Survey.
Read More
With better fiscal health, fresh borrowings now used for past interest obl
Updated : 3 months, 3 weeks ago IST
The Economic Survey of India tabled in Parliament on Thursday highlighted a steady improvement in the Centre's fiscal position, noting that fresh government borrowings are now increasingly being used to service past interest obligations rather than to finance current spending.
Read More
Failure to publish the IMF report exposes Pakistan's governance gaps
Updated : 7 months, 3 weeks ago IST
Pakistan missed the IMF deadline to release its Governance and Corruption Diagnostic Report, delaying key judicial and governance reforms. While most fiscal targets were met, issues with SOEs, tax collection, and provincial cash surpluses remain. Despite shortcomings, the IMF programme is se
Read More
"Revenue Deficit Grant should be kept at minimum level of Rs 10,000 crore
Updated : 7 months, 3 weeks ago IST
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu met Chairman of the 16th Finance Commission Arvind Panagariya at New Delhi on Thursday and discussed various issues related to the state's fiscal health.
Read More
Himachal CM Sukhu calls the Chairman of 16th Finance Commission, urges for
Updated : 7 months, 3 weeks ago IST
Himachal Pradesh Chief Minister Thakur Sukhvinder Singh Sukhu met Chairman of the 16th Finance Commission Arvind Panagariya at New Delhi on Thursday and discussed the various issues related to the state's fiscal health.
Read More