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State borrowings must focus on asset creation, not just revenue expenditure: FM Nirmala SitharamanUnion Finance Minister Nirmala Sitharaman urged state governments to invest borrowed funds in long-term assets like schools and hospitals, ...- Tamil Nadu Minister CTR Nirmal Kumar releases white paper on Electricity BoardTamil Nadu Minister for Energy Resources and Law, CTR Nirmal Kumar, on Thursday released a detailed White Paper statement on the infrastruc...
- SBI Research sees Bengal budget tone most optimistic in 17 yearsWest Bengal's new budget signals a significant policy shift, moving from welfare to investment and industrial growth, according to SBI Rese...
- 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...
- CAG asks states to disclose off-budget borrowings in A/CsIndia's Comptroller and Auditor General, K Sanjay Murthy, urged state governments to fully disclose their off-budget borrowings. He highlig...
- States' expenditure rises 131% in 10 yrs on welfare, development: CAG ReportStates' spending surged 131 percent from 2015-16 to 2024-25. Welfare and development drove this growth. Revenue expenditure remained the la...
- UP, Gujarat, Jharkhand, 10 other states record revenue surplus in FY25: CAG reportFifteen Indian states faced revenue deficits in the fiscal year 2024-25. Thirteen states, however, reported revenue surpluses. The Comptrol...
- Fiscal stress deepens across states as all 28 post deficits in FY25: CAG reportIndia's states continued to face mounting fiscal pressures in 2024-25, with all 28 states reporting fiscal deficits and their combined liab...
- Tripura attracted Rs 30,000 crore investment proposals last year with Rs 8,000 crore projects grounded: CMTripura is experiencing significant economic growth. The state attracted investment proposals exceeding Rs 30,000 crore, with over Rs 8,000...
- Kerala CM Satheesan tables white paper, flags debt burden; Opposition hits backKerala's budgetary practices are facing intense analysis. A recent white paper discloses staggering liabilities amounting to ₹5.07 lakh cro...
- Kerala's liabilities top Rs 5 lakh crore; pending dues near Rs 49,000 croreKerala faces a severe fiscal challenge. Total outstanding liabilities have surpassed Rs 5.07 lakh crore. Unpaid dues and deferred payments ...
- States under fiscal strain amid high welfare spend: Morgan StanleyStates are facing fiscal pressure as revenue growth slows and welfare spending remains high, leading to elevated deficits. Morgan Stanley r...
- Himachal Pradesh clears Rs 1,500 aid for women in 4th year of powerHimachal Pradesh government approved a monthly cash transfer of ₹1,500 for eligible women. This fulfills a key Congress poll promise. Women...
- UP CM Yogi Adityanath calls for COVID-like national spirit to tide over West Asia crisisUttar Pradesh Chief Minister Yogi Adityanath urged citizens to embrace self-reliance amid West Asian crises. He highlighted the state's sig...
- States' average per capita income could hit upper threshold by 2047, if growth sustains: RBI DGBy the year 2046-47, it's anticipated that India's average per capita income could soar into high-income territory, contingent upon the con...
- Bengal Poised to become a top state in five years: Subrata Gupta, adviser to CM, charts out the path aheadWest Bengal's new government, led by Chief Minister Suvendu Adhikari, aims to reverse the state's decline and position it among the top sta...
- States told to shift to new base year for GSDP by end of FY27The statistics ministry has directed states to adopt 2022-23 as the new base year for Gross State Domestic Product (GSDP) computation by fi...
- MoSPI asks states to shift GSDP base year to 2022-23 for better economic data accuracyThe Ministry of Statistics and Programme Implementation has issued new guidelines for calculating Gross State Domestic Product. The base ye...
- Govt issues uniform guideline for measuring states' GDP with revised base year of 2022-23The Statistics Ministry has released new guidelines for calculating states' Gross State Domestic Product. The base year for these calculati...
- Royal Enfield will expand outside Tamil Nadu, to set up unit in Andhra PradeshRoyal Enfield is investing Rs 2,200 crore to build a new manufacturing facility and vendor park in Andhra Pradesh. This marks the company's...
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