Jaipur, April 2 (IANS) Rajasthan has recorded a significant rise in funds received from the Centre during the financial year 2025-26, attributed to Chief Minister Bhajan Lal Sharma’s active coordination and effective implementation of schemes, according to an official statement from the Chief Minister’s Public Relations Cell. The state received a total of Rs 1,20,369 crore through centrally sponsored schemes, the Scheme for Special Assistance to States for Capital Investment (SASKI), Fina…
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Bengaluru, March 31 (IANS) Amid the by-elections campaign, Karnataka Chief Minister Siddaramaiah on Tuesday strongly rejected Bharatiya Janata Party (BJP) State President and Member of Legislative Assembly B. Y. Vijayendra’s demand for a white paper on Karnataka’s financial condition, terming it a reflection of “lack of economic understanding, administrative experience, and political frustration.” In a detailed press statement, Siddaramaiah asserted that the State Budget presented las…
Bengaluru, March 25 (IANS) Defending the State Budget 2026–27, Karnataka Chief Minister Siddaramaiah, responding to criticism from the Opposition, said, “Even when compared to the progressive states around us in South India, our fiscal deficit remains within the prescribed limits. Opposition leader R. Ashoka has not studied the budget in depth. All his efforts seem to be focussed on getting headlines.”Speaking at the Legislative Assembly on Wednesday, CM Siddaramaiah stated, “As per the re…
Mumbai, March 5 (IANS) Maharashtra’s economy is set to grow at 7.9 per cent in 2025-26 against the India’s growth rate of 7.6 per cent especially due to a record collection of Goods and Services Tax and favourable market conditions. Maharashtra continues to be the growth engine of the country. The nominal Gross State Domestic Product (GSDP) at current prices is expected to grow by 10.4 per cent. According to the Economic Survey for 2025-26 presented by the Minister of State for Finance Ashish …
New Delhi, March 2 (IANS) Himachal Pradesh Chief Minister Sukhvinder Sukhu on Monday called on Union Finance Minister Nirmala Sitharaman here and sought a financial package under special central assistance to cover the revenue deficit for 2026-27. The Chief Minister apprised the Union Finance Minister that discontinuation of Revenue Deficit Grant (RDG) will have a far-reaching adverse impact on the financial health of the state, adding that Himachal Pradesh cannot be compared to other states who…
Shimla, Feb 11 (IANS) Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Wednesday accused the previous BJP government in the state of plundering the coffers and spending lavishly instead of investing in development and infrastructure.The Chief Minister questioned the BJP’s defence of the 16th Finance Commission’s observations regarding the discontinuation of the Revenue Deficit Grant (RDG), pointing out that the BJP tenure benefited from a whopping Rs 54,296 crore of RDG.“This gran…
Agartala, Feb 11 (IANS) Union Minister for Agriculture, Farmers’ Welfare and Rural Development Shivraj Singh Chouhan on Wednesday said that Rs 10 lakh crore would be spent across rural India over the next five years under the Viksit Bharat–Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB–G RAM G). He said that the scheme provides a comprehensive road map for building a Viksit Bharat.Addressing a conference on the VB–G RAM G programme in Tripura’s capital Agartala, the Union Ministe…
Agartala, Feb 11 (IANS) Union Minister for Agriculture, Farmers’ Welfare and Rural Development Shivraj Singh Chouhan on Wednesday said that Rs 10 lakh crore would be spent across rural India over the next ten years under the Viksit Bharat–Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB–G RAM G). Addressing a conference on the VB–G RAM G programme in Tripura’s capital Agartala, the Union Minister said that the scheme provides a comprehensive road map for building a Viksit Bharat an…
Shimla, Feb 8 (IANS) Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Sunday said that the report of the 16th Finance Commission would have a long-term impact on the state’s economy, including the upcoming Budget for 2026-27. He made this comment after the presentation on the state’s financial position and the effects of the abolition of the Revenue Deficit Grant (RDG) by the Finance Department.“Abolition of RDG is not the issue of a government, but it is a matter of the rights of…
New Delhi, Feb 2 (IANS) The Union Budget 2026–27 reinforces fiscal discipline while supporting sustained economic growth, with industry partnership playing a key role in India’s progress, Anuradha Thakur, Secretary, Department of Economic Affairs, said on Monday. Addressing a post-Budget interactive session organised by the Confederation of Indian Industry (CII) here, she said India’s economy has shown strong resilience despite global uncertainties, supported by a stable financial system t…