Bengaluru, May 2 (IANS) Referring to the Union Finance Ministry’s Monthly Economic Review for April 2026, Karnataka Bharatiya Janata Party (BJP) President and MLA B.Y. Vijayendra on Saturday criticised the state government’s guarantee schemes and expressed concern over the state’s financial management. He said that due to “unscientific financial management”, more than 15 per cent of the state’s revenue receipts are being spent on interest payments, while the state is facing a revenue deficit of …
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Patna, April 29 (IANS) Bihar Chief Minister Samrat Choudhary chaired a crucial Cabinet meeting on Wednesday, during which 63 schemes were approved, marking a significant push toward infrastructure development, administrative expansion, and financial strengthening. The Cabinet approved the construction of a 4-lane Greenfield road connecting Darihara (Konhua) in Saran to Dumariaghat in Gopalganj.The total length of this stretch is 73.51 km, and it will be built by Bihar State Road Development Corp…
New Delhi, March 24 (IANS) Delhi Minister Manjinder Singh Sirsa, on Tuesday, termed the Delhi Budget 2026–27 as ‘historic’, saying that it will prove to be a milestone for the city’s development and environmental protection. He praised the budget presented by Chief Minister Rekha Gupta, which has a total outlay of nearly Rs 1,03,700 crore.Minister Sirsa said, “This budget is truly historic for Delhi. When we presented a Rs 1 lakh crore budget last year, several questions were raised, where wou…
Chandigarh, March 8 (IANS) Leader of the Opposition in the Punjab Assembly, Partap Singh Bajwa, on Sunday criticised the Budget presented by Finance Minister Harpal Cheema, stating that “it is nothing more than a bundle of grand announcements aimed at creating headlines while completely ignoring the urgent need to revive state’s struggling economy”. Bajwa said the Budget once again “exposes the AAP government’s lack of a clear economic vision to generate employment, revive industry, or…
Bengaluru, March 6 (IANS) Leader of the Opposition in the Karnataka Legislative Assembly and senior BJP leader R. Ashoka on Friday criticised the State Budget presented by Chief Minister Siddaramaiah, alleging that it imposes a massive debt burden on the people of the state while offering little in terms of real development.Speaking to reporters, Ashoka said the Chief Minister has pushed Karnataka into unprecedented levels of debt.“Including this Budget, the Siddaramaiah government has accumul…
New Delhi, Feb 12 (IANS) A structural issue responsible for perpetuating Pakistan’s dependence on the IMF is its failure to control expenditure, which has spiralled, at both federal and provincial levels, via salary increases far exceeding inflation for the civil, judicial, and military bureaucracies alongside expanding vehicle fleets, luxury housing, plush offices, overseas junkets, and discretionary budgets, often without mandates, sunset clauses or performance tests, according to an article…