Chandigarh, March 2 (IANS) Haryana Chief Minister Nayab Singh Saini on Monday proposed a state budget of Rs 2.23 crore for 2026-27, a 10.28 per cent increase over the revised estimate of Rs 2.02 crore for 2025-26, with a focus on strengthening the rural economy. He announced the creation of a third power distribution company, named Haryana Agri DISCOM, specifically designed to cater to the farming community.Presenting his second budget, CM Saini, who also holds the Finance Department portfolio, …
Latest fiscal deficit News & Updates
New Delhi, Feb 27 (IANS) India’s fiscal deficit for the first 10 months (April to January) of FY 2025-26 was Rs 9.8 lakh crore, which works out to 63 per cent of the estimate for the full financial year ending on March 31, official figures released on Friday showed.Net tax receipts for April-January stood at Rs 20.94 lakh crore, up from Rs 19 lakh crore collected in the same period last year.Non-tax revenue went up to Rs 5.57 lakh crore, from Rs 4.7 lakh crore in the same period of the previous …
New Delhi, Feb 27 (IANS) Prime Minister Narendra Modi will address the post-Budget webinar on “Technology, Reforms and Finance for Viksit Bharat” on Friday morning via video conferencing.The webinar will entail discussions on public capex, infrastructure, banking sector reforms, financial sector architecture, deepening capital markets, and ease of living through tax reforms, the statement said.The webinar is the first in a series of post-Budget webinars being organised on key themes emerging fro…
New Delhi, Feb 26 (IANS) Prime Minister Narendra Modi will address the post-Budget webinar on “Technology, Reforms and Finance for Viksit Bharat” on Friday morning via video conferencing, according to a PMO statement. The webinar will entail discussions on public capex, infrastructure, banking sector reforms, financial sector architecture, deepening capital markets, and ease of living through tax reforms, the statement said.The webinar is the first in a series of post-Budget webinars being organ…
New Delhi, Feb 26 (IANS) India’s economy is projected to expand between 6.8 per cent and 7.2 per cent in FY27 as bilateral trade agreements with major economies are expected, along with the government’s economic reforms, to counter the global uncertainties created by the US tariff turmoil, according to the latest EY Economy Watch report.”In the background of India’s extensive bilateral trade agreements with other major economies or economic groups, India’s medium-term prospects have brightened u…
Shillong, Feb 23 (IANS) Meghalaya Chief Minister Conrad K. Sangma, on Monday, presented the State Budget for the financial year 2026–27, projecting a fiscal deficit of Rs 2,672 crore, which is 3.5 per cent of the Gross State Domestic Product (GSDP). Presenting the Budget in the state Assembly, Conrad K. Sangma, who also holds the Finance department, said the government has succeeded in maintaining the fiscal deficit within the permissible limit, reflecting its commitment to fiscal discipline w…
Chennai, Feb 17 (IANS) Tamil Nadu’s outstanding public debt is projected to reach Rs 10.71 lakh crore in 2026-27, Finance Minister Thangam Thennarasu said on Tuesday while presenting the Interim Budget in the Assembly. According to the Interim Budget Estimates for 2026-27, the state’s debt is expected to rise from Rs 9.52 lakh crore in the Revised Estimates for 2025-26. The earlier Budget Estimates for 2025-26 had pegged the outstanding debt at Rs 9.29 lakh crore.However, the state finance m…
Chennai, Feb 17 (IANS) With the Tamil Nadu Assembly elections around the corner, state Finance Minister Thangam Thennarasu will present the TN Interim Budget for 2026-27 on Tuesday, amid heightened political and public expectations. As this is an election year, the interim budget is expected to prioritise major welfare announcements and enhanced allocations for ongoing flagship schemes rather than unveil entirely new projects.The Minister is also scheduled to table the Vote-on-Account for 2026-2…
Lucknow, Feb 11 (IANS) Uttar Pradesh Finance Minister Suresh Khanna on Wednesday presented a Rs 9,12,696.35 crore budget for the financial year 2026-27 in the Assembly, an increase of nearly 12.9 per cent over the previous year.The Budget includes new schemes worth Rs 43,565.33 crore.The government has placed special emphasis on capital expenditure, fiscal discipline, strengthening law and order, and expanding health and medical infrastructure.Capital expenditure has been pegged at 19.5 per cent…
New Delhi, Feb 9 (IANS) Pointing out that youth joblessness stands at 15 per cent in India, with less than 25 per cent of the workforce in regular employment, Congress leader and former Finance Minister P. Chidambaram launched a sharp attack on the Union Budget 2026-27 in the Rajya Sabha on Monday, describing it as cautious, parsimonious, forgettable, and already vanishing from public memory. Speaking on the discussions in the upper house of the Parliament, he questioned whether the government a…