Shillong/Agartala, June 19 (IANS) Tripura Chief Minister Manik Saha on Friday highlighted the transformative role of Externally Aided Projects (EAPs) in the state’s development and urged the Central Government to remove the existing ceiling on EAP borrowings for the Northeastern states to accelerate infrastructure creation and economic growth. Addressing a seminar on “Leveraging Externally Aided Projects (EAPs) in the North Eastern States” in Shillong in the presence of Union Finance Minis…
Latest 16th Finance Commission News & Updates
Thiruvananthapuram, June 5 (IANS) The first Budget of the new Kerala government, to be presented by Chief Minister and Finance Minister V.D. Satheesan on June 19, is expected to focus on a major course correction for Kerala’s finances after a White Paper exposed serious gaps between earlier budget projections and the state’s actual fiscal position. With the government facing an estimated shortfall of nearly Rs 20,500 crore in Central fund transfers this financial year, CM Satheesan’s maide…
Kochi, June 5 (IANS) Kerala could face a fiscal shortfall of nearly Rs 20,500 crore in the current financial year after the revenue deficit grants projected in the state’s 2026-27 Interim Budget failed to materialise, Chief Minister V. D. Satheesan has said.In a post on X on Thursday, Satheesan criticised the 2026-27 Interim Budget presented by the previous Left Democratic Front (LDF) government in the state, alleging that it was based on flawed assumptions regarding central transfers.According …
Ranchi, June 2 (IANS) The Jharkhand government took a significant step on Tuesday to ensure tap water supply to every rural household in the state by signing a Memorandum of Understanding (MoU) with the Centre under the Jal Jeevan Mission 2.0.The MoU was signed at an event in New Delhi between the Union Ministry of Jal Shakti and the Jharkhand government.Union Jal Shakti Minister C.R. Patil, Jharkhand Drinking Water and Sanitation Minister Yogendra Prasad, and senior officials from both the Cent…
New Delhi, May 3 (IANS) The Union Ministry of Panchayati Raj will organise a two-day national workshop on the preparation of panchayat development plans (PDPs) on Monday and Tuesday at the Dr Ambedkar International Centre here, according to an official statement issued on Sunday. The inaugural session will also mark the launch of the People’s Plan Campaign (PPC) booklet for the Preparation of Panchayat Development Plan (2026-27), the Quality Gram Panchayat Development Plan (GPDP) booklet and t…
Kohima, April 10 (IANS) Nagaland Chief Minister Neiphiu Rio on Friday highlighted emerging global employment opportunities, noting that more than 450 youth have registered under the ‘Nagaland Japan Connect 2026’ initiative, with 65 candidates already receiving recruitment intent across sectors, including agriculture, manufacturing, and shipping. Addressing the Deputy Commissioners Conference, the Chief Minister emphasised employment linkage, stating that skilling initiatives in the state …
Kohima, March 26 (IANS) Nagaland Chief Minister Neiphiu Rio on Thursday said that the state budget for the 2026-27 fiscal serves as a road map for inclusive, sustainable, and growth-oriented development, aligned with the vision of a ‘Developed Nagaland by 2047’.After presenting the budget for the ensuing financial year (2026-27) during the Phase-II of the 8th session of the Nagaland Assembly, the Chief Minister explained that the delay in its presentation was due to the discontinuation of Revenu…
Gandhinagar, March 6 (IANS) A national-level meeting on ‘Disaster Preparedness in Gujarat’ was held in Gandhinagar on Friday, bringing together officials from Central and state agencies to review preparedness against natural and man-made disasters.The aim is to strengthen coordination mechanisms aimed at reducing risks and improving emergency response.The meeting was organised at the State Emergency Operation Centre (SEOC) by the National Disaster Management Authority (NDMA) and the Gujarat Stat…
Shimla, March 3 (IANS) Himachal Pradesh is confronting a fiscal gap of nearly 15 per cent following the withdrawal of the Revenue Deficit Grant (RDG), said Naresh Chauhan, Principal Media Advisor to the Chief Minister, on Tuesday. He said the RDG withdrawal directly affected approximately every section of the state, having a population of around 7.5 million”. He said that, for a small and predominantly hilly state like Himachal Pradesh, such financial assistance has been indispensable for …
Aizawl, Feb 26 (IANS) Mizoram Chief Minister Lalduhoma on Thursday presented a Rs 17,469.91 crore budget for the financial year 2026-27 in the Assembly, with a strong emphasis on social infrastructure, connectivity, and the agriculture sector. The Chief Minister, who also holds the Finance portfolio, also tabled supplementary demands for grants amounting to Rs 3,724.25 crore for the current fiscal.He said the ruling Zoram People’s Movement (ZPM) will continue to implement its flagship Bana Kai…