Indian villages are achieving financial independence. Gram panchayats are boosting tax collections and using their own funds for schools, f...

A recent CAG study reveals a mixed bag for state finances in India, with 16 states achieving a revenue surplus in fiscal year 2023, led by ...

Kerala Assembly passed a resolution accusing the union government of financially strangulating the state, destroying the federal structure ...

Punjab, Himachal Pradesh, Kerala, West Bengal, Andhra Pradesh must cut unproductive expenditures, says Krishnamurthy V Subramanian. The for...

New Delhi [India], September 6 (ANI) The central government on Tuesday released Rs 7,183.42 crore as revenue deficit grant to 14 states inc...

The states receiving this grant are Andhra Pradesh, Assam, Himachal Pradesh, Kerala, Manipur, Meghalaya, Mizoram, Nagaland, Punjab, Rajasth...

The Department of Expenditure, Ministry of Finance released the money. This is the 2nd monthly installment of the Post Devolution Revenue D...

Indian states' offer of 'economically unsustainable' sops like farm loan waivers, and restoring old pension systems is a matter of concern,...

The Centre provides the Post Devolution Revenue Deficit Grant to the states under Article 275 of the Constitution. The grants are released ...

The ratings firm expects the aggregate fiscal deficit of states to come in higher at 3.2% in FY'20 than the agency’s forecast of 2.8% in it...

The Council also reviewed revenue trends and deficit of states, he said, adding state deficit this year is 13 per cent and may reduce furth...

Arun Jaitley has a suggestion for West Bengal chief minister Mamata Banerjee: pursue more investor friendly policies to come out of the lef...

Finance Minister Arun Jaitley has a suggestion for West Bengal chief minister Mamata Banerjee: pursue more investor friendly policies to co...

The fiscal consolidation programme initiated by the Centre is not making the same degree of progress among states. Some states have been fu...

Accusing the Thirteenth Finance Commission of constitutional trespass, Kerala plans to challenge in the Supreme Court the panel’s deficit r...

Kerala's revenue deficit for 2008-09 has been placed at Rs 3,367 crore according to the Economic Review presented in the state assembly.

Kerala's revenue and fiscal deficit has shown a declining trend in the last four years even as the public debt continues to increase touchi...