A CAG report shows Delhi's GSDP growth was slower than the national economy. Revenue receipts grew, driven by tax collections, while non-ta...

CAG flagged Delhi government's power subsidy scheme irregularities and questioned beneficiary targeting. Over Rs 42 crore was disbursed to ...

Uttar Pradesh tabled its first supplementary Budget for 2026-27, seeking additional expenditure of over Rs 59,000 crore. Proceedings were d...

The August 1 release is in addition to the regular monthly devolution due on August 10, giving states an early fiscal boost as they step up...

The Centre's fiscal deficit reached 18.2% of the full-year target in the first quarter. Higher spending was offset by stronger net tax coll...

Union Finance Minister Nirmala Sitharaman urged state governments to invest borrowed funds in long-term assets like schools and hospitals, ...

States' spending surged 131 percent from 2015-16 to 2024-25. Welfare and development drove this growth. Revenue expenditure remained the la...

West Bengal's fiscal health shows a concerning imbalance, with revenue expenditure outpacing capital investment in the first half of FY25. ...

Punjab faces financial challenges in FY25 with the lowest capital-to-revenue expenditure ratio of 6.2%. States are anticipated to moderate ...

The state has budgeted Rs 43,000 crore of capital expenditure for FY'2021 which are essentially asset creating expenditure in infrastructur...

India’s deficit numbers have come under lens as the govt is increasingly depending on off-budget borrowings.

Grappling with a ballooning revenue expenditure that leaves little for modernisation, the Army plans to launch the massive transformative e...

The Ministry said that last minute expenses in the month of March will be subject to a special audit by Defence Minister Manohar Parrikar.

Defence, which accounts for about 30% of the total outlay, will see the spending rise from Rs 91,580 crore in the current fiscal to Rs 1.1 ...

Report also mentions Government of Punjab, did an excess expenditure of Rs 2,057.34 crore.

"The revenue receipts at Rs 27,455 crore is, higher by Rs 1,334 crore than the assessment made in Five Year Fiscal Plan (FYFP)," it said.

A high revenue expenditure isn't considered good as it suggests that the government is not investing enough in productive assets, as indica...