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CAPITAL AND DEVELOPMENTAL EXPENDITURE
Centre releases additional Rs 1,09,019 crore tax devolution to states to boost capital spendingThe Union government released an additional Rs 1,09,019 crore tax devolution on August 1, 2026. This amount is separate from the scheduled ...
Kerala CM VD Satheesan presents maiden UDF budget for 2026-27Kerala's Chief Minister VD Satheesan presented the state's first budget for the financial year 2026-27. The government inherited a signific...
Centre allocates Rs 4,900 crore to Arunachal Pradesh under Pride of Hills schemeArunachal Pradesh receives a significant boost with Rs 4,900 crore from the Centre's new 'Pride of Hills' initiative. This funding targets ...
Delhi, Punjab, Kerala & Puducherry spend more on day-to-day expenses rather than investing in capex: RBI reportThe Reserve Bank of India (RBI) warns that populist measures like free electricity and transport, while offering immediate relief, are stra...
Centre releases Rs 1.40 lakh crore tax devolution amount to statesThis is in line with the commitment of the Union government to strengthen the hands of states to accelerate their capital and developmental...
West Bengal CM Mamata Banerjee terms Budget 2023 'anti-poor' and 'opportunistic'People are saying it is a good budget but in the name of the populist budget, only a section of people will benefit, Banerjee said, adding,...
Two tax devolution installments worth Rs 1.16 lakh crore cleared"The Union Government has released two instalments of tax devolution to State Governments amounting to Rs. 1,16,665 crore today, as against...
Government spend nearly Rs 91 lakh crore on development since 2014“RBI data shows total developmental expenditure incurred by Modi Govt in 2014-22 was Rs 90.9 lakh cr, far higher than is being alleged by s...
FM proposes Rs. 1 lakh cr budget for J&KThe government Tuesday proposed an over Rs. 1.01 lakh crore Budget for the Union territory of Jammu and Kashmir for the 2020-21 fiscal, mak...
Debt waivers to hit states’ capex: Ind-RaDespite mobilising higher revenue than budgeted, these states could not maintain the revenue deficit at the budgeted level due to increased...
Farm loans to hit state government CapexOn a combined basis, state government capex is major driver of investment growth. During periods of fiscal adjustment, capex becomes the so...
Niti Aayog suggests three-year action plan for social sectorsThe three-year action plan has suggested shifting the composition of expenditures by allocating a larger proportion of additional revenues ...
Jharkhand ready to take off in development horizon: World Bank"Jharkhand is ready to take off in developmental horizon and the World Bank is ready to be long term partner and extend technical help to t...
Parliament Panel for preserving Railway autonomy after Budget mergerThe Railways, should continue to get reimbursement of losses for strategic lines and finance ministry should extend budgetary support
Five states including Gujarat and Karnataka can spend more on development: CARE RatingsExcessive focus on containing fiscal deficit and adherence to the fiscal limits had resulted in lack of capital expenditure by states, adve...
Andhra Pradesh provides Rs 1,500 crore as seed equity to AmaravatiThe southern India state has estimated around Rs 18,000 crore of investments required for construction of the new capital city.
Government can borrow more to revive investment cycle: ReportThe government can borrow more to revive investment cycle even at the cost of marginally slipping from the projected fiscal deficit, as tha...
- Govt consumption spend set to fall to 2.24L cr
Central govt expenditure on wages and purchase of other goods and services is set to drop sharply in relative terms in 2010-11 from a year ...
- Forget growth, there isn’t enough to pay the wages
Of every Rs 100 it earns, the Maharashtra government spends Rs 82 on running its machinery and paying interest on old loans.
- Tips to get your household budget basics right
Plan expenditure, fiscal deficit and revenue expenditure are some of the terms that one will hear in the Union budget.