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GSDP ENHANCEMENT
Government issues draft norms to standardise state, district GDP estimatesFramework standardises concepts, data and methods to ensure consistent, comparable estimates- Economic Survey: Health warning for states' fiscal metricsState government finances are facing challenges with rising deficits and increased borrowing. While capital expenditure is being supported ...
- Telangana urges Centre to enhance States' fiscal deficit target to at least 4% of GSDPTelangana's Deputy Chief Minister has urged the central government to increase the fiscal deficit target for states to four percent of GSDP...
- Karnataka Budget 2025 Highlights: From Haj Bhavan to a double decker flyover in Bengaluru; Key announcements by CM SiddaramaiahKarnataka CM Siddaramaiah presented the 2025-26 Budget, emphasizing fiscal discipline while introducing infrastructure and economic growth ...
- No timeline for introduction of regulatory guidelines for virtual digital assets industry: MoS FinanceIndia has no set timeline for comprehensive virtual digital asset regulations, citing the need for international collaboration. The governm...
- Tamil Nadu economy may grow to $2.6 trn by 2047-48: ReportTamil Nadu's GSDP is projected to reach USD 2.6 trillion by 2047-48, requiring a capital expenditure of USD 111 billion. The state is the s...
- Under double engine Sarkar, Arunachal's GSDP has almost doubled this year: Deputy CM Chowna MeinChowna Mein while attending the Pre-Budget Meeting of the Union Budget 2023-24 chaired by the Union Finance Minister, Nirmala Sitharaman ex...
- Seven states meet Q2 Capex target; get nod for Rs 16,691 crore additional borrowingThe states -- Chhattisgarh, Kerala, Madhya Pradesh, Meghalaya, Punjab, Rajasthan and Telangana -- have achieved the target set by the Minis...
- 11 states meet Q1 capex target, get to mobilise Rs 15,721 croreThe additional open market borrowing permission granted is equivalent to 0.25 per cent of their Gross State Domestic Product (GSDP). Additi...
- New rule: Additional borrowing space only if states agree to take over discoms' future lossesAs per the guidelines issued by the finance ministry, states cannot renege on power purchase contracts, cannot have unpaid subsidies to dis...
- 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...
- 15th Finance Commission keeps tax devolution to states at 42%, suggests fiscal deficit glide pathFinance Commission is a constitutional body that gives suggestions on Centre-state financial relations. The report of the 15th Finance Comm...
- COVID-19: Capex cut by states to hit construction sector, says IcraState-led capex accounts for around half of the total government driven capex in the country. Over the last three years, it grew by 16 per ...
- IITM's Green Skill Development Program trains its second batch"First batch of Emission inventory and Pollution monitoring courses has been completed successfully in 2018 and empowered 24 participants. ...
- No new taxes as Haryana budget crosses Rs 1 lakh croreFinance Minister Abhimanyu, presenting his third consecutive budget, proposed a budget of Rs 1,02,329.35 crore for fiscal 2017-18, an incre...
- 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...
- Finance Commission expects an improvement in macroeconomic conditions, revival of growth and tax reformsThe government has said it will lower the fiscal deficit to 4.1% of GDP in FY15, 3.6% in FY16 and 3% FY17.
- Odisha presents Rs 60,303 cr budget for 2013-14The Odisha government today presented a revenue surplus general budget of Rs 60,303.09 crore for 2013-14 amid opposition uproar in the Asse...
- Budget 2011: Let states borrow more, compensate for FTAs; says Thomas Isaac, Finance Minister, KeralaGiven the spiraling food inflation, there is a need for step-up in public investment for sustained farm growth as well as farm storage and ...
- Karnataka eyes 20% of India's exports by 2011Karnataka on Tuesday launched a new industrial policy aiming at garnering 20 per cent share in India's total exports, and targetting a gros...
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