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GSDP ANDHRA PRADESH
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, ...
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...
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...
Andhra tops fruit, fish output; posts steady growth: RBI reportAndhra Pradesh has achieved top national rankings in fruit and fish production, alongside robust economic growth with a GSDP nearing Rs 16 ...
Govt estimates Centre's debt will rise to 56.8 per cent of GDP in FY25The government's debt, including external borrowing and other liabilities, is expected to rise to Rs 185 lakh crore (56.8% of GDP) this fis...
Indian states violating debt level set by fiscal responsibility law, says reportA report by the think tank 'Centre for Social and Economic Progress' highlights India's problem of off-budget borrowings at both the Union ...
Andhra Pradesh to hold roadshow in Bengaluru tomorrow to promote its investors summitThe summit will highlight the state’s strengths that include its large manufacturing base, robust presence of MSMEs and startups, good infr...
Centre red-flags 'disturbing trends' in states' financesTelangana leads with Rs 56,767 crore of off budget borrowings between 2019-20 and 2021-22, which is over 4.5% of its GDP. Sikkim and Andhra...
Need to devise a better formula for setting states' borrowings: SBI reportA similar scheme could be envisaged for states that are borrowing more, with a scale down in the permissible borrowing or the higher advanc...
Finance Minister allows Andhra to borrow additional Rs 1,515 crore for undertaking power sector reforms"Successful implementation of the reform has made the State eligible to mobilise additional financial resources equivalent to 0.15 per cent...
Centre grants Rs 4,898 crore of reform-linked additional borrowing limit to Andhra and MPWhile AP received permission to mobilise Rs 2,525 cr through market borrowings, MP can raise an additional Rs 2,373 cr, according to a fina...
Gross state domestic products to see sharp declines in FY21Among the major states, those likely to be most impacted over the fiscal were Karnataka, Jharkhand, Tamil Nadu, Kerala and Odisha, whereas ...
Bihar fastest growing state, Maharashtra tops in economic size: ReportTamil Nadu and Uttar Pradesh come in the second place, but far behind Maharashtra, with a GSDP of Rs 9.67 trillion each, according to the r...
Chandrababu Naidu eyes double-digit growth for Andhra PradeshThe state government is currently working on the comprehensive Double Digit Growth Plan to achieve a per-capita income over Rs 10 lakh.
Andhra Pradesh targets double digit growth in 2015-16: Chandrababu NaiduAndhra Pradesh CM said the state is targeting a double digit growth in Gross State Domestic Product (GSDP) in 2015-16 financial year.
Andhra Pradesh targets 18.2 per cent GSDP in 2015-16: N Chandrababu NaiduHe said in 2015-16 financial year, the state aims to achieve 18.2 per cent GSDP to Rs 1.65 lakh crore from 1.45 lakh crore in the previous ...
Andhra Pradesh government proposes over Rs 1 lakh crore budget for 2014-15The AP government today proposed an expenditure of Rs 1,11,824 crore in its Budget estimates for 2014-15, without imposing any fresh taxes.
Andhra Pradesh put at disadvantage by UPA's faulty division, alleges Chandrababu NaiduNaidu, who is first Chief Minister of residuary AP, had earlier issued white papers on crucial subjects like irrigation and finance post bi...
Bihar beats Gujarat, Maharashtra with 21.9% growth in 11th PlanAmong all the states and union territories, Sikkim recorded highest GSDP growth rate of 31.6 per cent during the five year period followed ...
- States like Karnataka, Odisha, Gujarat hit austerity path to trim deficits
Karnataka, Odisha are among the 16 states that are showing the way on how govt finances will move as they struggle to keep the fiscal house...