Search For "state finances"
"Directionless, zero progress budget by Siddaramaiah govt": Former Karnata
Updated : 1 week, 3 days ago IST
Former Chief Minister of Karnataka Basavaraj Bommai said on Friday that the state budget presented by Karnataka Chief Minister Siddaramaiah is a directionless, zero-progress budget, which will take the state to the brink of debt, and will have a far-reaching impact on the state's finances
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Disappointing: BJP MP Basavraj Bommai criticises Karnataka state budget
Updated : 1 week, 3 days ago IST
Speaking to ANI, Bommai said that even after taking loans worth Rs 1.32 lakh crore and imposing an additional tax burden of Rs 25,000 crore, the budget still reflects a deficit of around Rs 32,000 crore.
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"Sukhu govt presenting 'wrong figures' on revenue deficit grant to meet po
Updated : 1 week, 3 days ago IST
Leader of Opposition and former Himachal Pradesh Chief Minister Jai Ram Thakur on Thursday accused the state government of misleading people by presenting "wrong figures" in the Assembly over the discontinuation of the Revenue Deficit Grant (RDG), alleging that the ruling dispensation was
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Financial crisis needs fiscal discipline, not speeches: Former Himachal CM
Updated : 1 week, 3 days ago IST
Senior BJP leader and former Himachal Pradesh Chief Minister Prem Kumar Dhumal has expressed concern over the state's current financial situation, saying the fiscal stress is not sudden but the result of long-anticipated challenges that the government failed to address in time.
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Eco survey raises concern of States fiscal situation, revenue surplus stat
Updated : 1 month, 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.
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States' fiscal deficit increases to 3.3% in 2024-25, after remaining below
Updated : 2 months ago IST
States' consolidated gross fiscal deficit increased to 3.3 per cent of gross domestic product (GDP) in 2024-25, after remaining below 3.0 per cent during the previous three consecutive years, Reserve Bank's annual publication "State Finances: A Study of Budgets" noted.
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CAG K Sanjay Murthy releases second edition of Publication on State Financ
Updated : 2 months, 3 weeks ago IST
The Comptroller and Auditor General (CAG) of India K Sanjay Murthy, released the second edition of the Publication on State Finances 2023-24 here today. Building on the first edition (2022-23), this publication presents a consolidated, audited overview of the finances of all 28 States, wh
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CAG, 16th Finance Commission hold consultation on public finance, lays emp
Updated : 1 year ago IST
The deliberations mainly focused on three key areas: Union and State Finances, Local Bodies, and Public Sector Enterprises (PSEs), among others. The Union, states, local bodies and the PSEs are under the audit of the CAG. In addition, the CAG also maintains the accounts of the states.
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CAG, 16th Finance Commission hold consultation on Public Finance
Updated : 1 year ago IST
The high-level consultation formed a critical part of the Commission's ongoing assessment of the financial landscape of the Centre and States. The deliberations mainly focused on three key areas: Union and State Finances, Local Bodies, and Public Sector Enterprises (PSEs), among others. The
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Natural disasters, climate change have long-term impact on state finances:
Updated : 1 year, 1 month ago IST
The state government bears much of the disaster response cost after natural disasters such as floods and cyclones which substantially impacts its budget.
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Tsunami of the women centric DBT schemes can bleed state finances: SBI Rep
Updated : 1 year, 2 months ago IST
The Tsunami of the women centric Direct Benefit Transfer schemes announced by various states can bleed the state finances, says a report by State Bank of India.
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Electricity distribution companies continue to remain a burden on state fi
Updated : 1 year, 3 months ago IST
Electricity distribution companies (DISCOMs) continue to weigh heavily on State finances, says a report by the Reserve Bank of India (RBI).
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