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MAHARASHTRA SUBSIDY SPENDING
Maharashtra govt tables Rs 97,706 cr supplementary demands; Rs 20,552 cr for farm loan waiverMaharashtra government tabled supplementary demands of over Rs 97,700 crore, with a significant Rs 20,552 crore earmarked for the farm loan...
The operations network behind Amazon's play to become India's everyday storeAmazon is reshaping India's quick-commerce sector through significant investments in foundational infrastructure rather than merely focusin...
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...
In India’s parched heart, high power costs put cooling out of reachIndia's scorching summers strain power grids, forcing costly upgrades. While cities like Nagpur manage peak demand with advanced cooling, m...
PM Modi cuts down convoy size; BJP CMs, other leaders follow suit on his appeal for less fuel usePrime Minister Narendra Modi has significantly downsized his convoy. This move follows his appeal for wise spending and fuel conservation. ...
Cash schemes for women grow before polls, but state finances feel the strainDirect cash transfers to women are becoming a major policy tool across Indian states. Twelve states now offer these schemes, a significant ...
How to get broke by freebie-ing awayElections often entail substantial expenses not just in campaign costs but in populist promises, adding to fiscal burdens. States like Maha...
Punjab spends 24% of revenue on subsidies; Andhra Pradesh, Gujarat, Rajasthan follow: ReportPunjab, Andhra Pradesh, Gujarat and Rajasthan are the top spenders on subsidies, with Punjab leading by spending nearly one-fourth of its r...
Public expenditure quality of states improves in Q1FY24: Ind-RaHigher tax devolution, rising revenues, and lower subsidy outgoes have led to the improvement of public expenditure quality for states in Q...
Bihar, Kerala, Punjab, Rajasthan and WB most stressed fiscally: RBIFive states, namely, Bihar, Kerala, Punjab, Rajasthan, and West Bengal, figure among the most stressed states fiscally, as per a Reserve Ba...
States doling out competitive subsidies on brink of fiscal collapse: ReportThe growing culture of doling out subsidies ahead of elections has lately been a topic of public discussion, with NK Singh, chairman of the...
Vedanta talks to chip companies to set up $3-5 billion display fab unitAvanStrate Inc, which is part of the Vedanta Group, is planning to apply under the government’s recently announced $10 billion semiconducto...
Can India afford welfarism based on handoutsThe greater the spending on handouts, the less that remains for spending on productive investment.
If government can spend crores on bullet train, why it has no money for milk farmers: Shiv SenaWhile the government has fixed Rs 27 per litre as the procurement price of milk, currently it is being procured only at Rs 16-18, the party...
Pomegranate farmers spend crores to dig ponds as drought bitesThe idea of a farm pond covered with a film to restrict percolation of water was developed by farmers and later supported by the state gove...
AAP effect: Shiv Sena promises free water in MumbaiShiv Sena claims it is equipped to provide over 1,000 litres to every household in city as demand for the commodity increases.
- India to be $5.6 trillion economy by 2020: Dun & Bradstreet
India will become a $5.6 trillion economy by 2020, according to research firm Dun & Bradstreet, which has predicted a three-fold jump in th...
- Direct subsidy: Poor to get cash through banks, ATMs
A comprehensive 70-page interim report suggesting ways to plug leakages in the subsidies was submitted to Finance Minister Pranab Mukherjee...
- Apeda asks state govt to fund export facility hubs
The Agricultural and Processed Foods Export Development Agency (Apeda) has asked the state government to get finances for its proposed new ...
- I expect growth and relief measures for agriculture: Maharashtra FM
A slowdown in economic growth almost certainly affects our finances.