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BIHAR STATE DEBT
West Bengal FY27 Budget: SBI report hints shift to investment-led growth and economic transformationWest Bengal's FY27 budget signals a strong pivot towards investment-led growth, emphasizing industrialization and long-term economic transf...
From forests to fields: How India's earliest rebels fought colonial exploitation before 1857Across the annals of Indian history, we find vivid accounts of agrarian resistance standing firm against exploitation. From indigenous fore...
Indian sailors risk work at sea, as Iran war grinds onIndian sailors are increasingly finding themselves caught in the crossfire of the Iran war, with thousands of seafarers stranded in conflic...
SC issues notices to Centre on PIL seeking ban on employment of children in orchestras, spasThe Supreme Court has issued notices to the Centre, NCPCR, and NHRC regarding a PIL. The petition seeks a complete ban on employing childre...
Rajani Sinha warns freebie culture is pushing states towards fiscal distressEconomists are sounding alarms over the escalating fiscal burden of cash handouts and subsidies, with many states facing unsustainable debt...
Nitish govt making promises ahead of elections it can't fulfil, claims Prashant Kishor's partyPrashant Kishor's Jan Suraaj Party has accused the Nitish Kumar government in Bihar of announcing financially irresponsible freebies, total...
Fiscal health: Chhattisgarh second best after Maha; Bengal, Punjab, Kerala biggest laggardsChhattisgarh, one of the poorest states in the country, is the second best in overall fiscal health scorecard after Maharashtra, and ahead ...
Power Finance Corp gives Rs 1,351 cr financial aid to Bihar Grid CompanyThe estimated cost of the project is Rs 1,688.36 crore which is proposed to be funded in Debt-Equity ratio of 80:20. The project is expecte...
States issue bonds worth Rs 1 lakh crore to tackle discom debtEight states, including Rajasthan, Uttar Pradesh and Bihar, issued bonds worth almost Rs 1 lakh crore in 2015-16 under the UDAY scheme.
Bihar sixth state to join UDAY, benefit pegged at Rs 117 croreBihar has joined the Centre’s power distribution sector revival scheme that targets operational and financial turnaround of state discoms.
Bihar to join UDAY scheme tomorrowBihar will become the sixth state to formally join the UDAY scheme meant for revival of debt-ridden power distribution utilities.
Poke Me: Farmer suicides in the country is not just issue of debtFarmer suicides have fallen significantly over the last one decade, to less than 10% of all suicides. It remains, however, a politically em...
A look at the balance sheet of India’s state financesIndia’s central government finances receive a great deal of attention but state finances are sizeable too, with state-level debt making abo...
Power Ministry awaits Karnataka's response on discom debt recast"As soon as Karnataka (government) sends us their response we will send the note to CCEA," an official in the Ministry of Power said.
Cabinet may take up changes in FRP next week: SourcesThe cabinet may next week take up amendment to the financial rejig package for the power distribution companies to accommodate fresh debt o...
PowerMin to seek Cabinet nod for tweaking debt rejig planAccording to sources, there are certain accounting issues which are coming in the way of debt restructuring of Andhra Pradesh discoms .
Power ministry to move CCEA to rejig Rs 6859 crore debt of Bihar, Jharkhand discomsPower ministry will move cabinet committee of economic affairs to seek special permission for restructuring of Rs 6,859 cr debt of distribu...
Why is West Bengal being 'singulary deprived'?, asks Mamata BanerjeeMamata alleged political discrimination against the state, a day after centre approved a Rs 12,000 crore special package for Bihar.
Government may revisit norms for special category status for statesAmong other things, the Commission would be suggesting steps to help states raise additional resources and improve financial position.
- NABARD gives Rs 436 cr to Bihar
National Bank of Agriculture and Rural Development (NABARD) has released Rs 436.04 crore to Bihar as part of the audit claims submitted by ...