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…
Latest Gross State Domestic Product News & Updates
Chennai, Feb 16 (IANS) Tamil Nadu can achieve its ambitious $1-trillion economy milestone by 2031 if it sustains its 2024-25 nominal growth rate of 16 per cent, according to the Economic Survey of Tamil Nadu 2025-26. The projection assumes a medium-term 2 per cent annual appreciation in the value of the US dollar against the rupee.If the dollar strengthens at a higher short-term rate of 3.5 per cent annually, the milestone could be delayed by a year, the Survey noted.The 263-page report, prepare…
Chennai, Feb 15 (IANS) The Tamil Nadu government is expected to release its second Economic Survey on Monday (February 16, 2026), a day ahead of the presentation of the interim Budget for 2026–27 in the State Assembly. The document, prepared by the State Planning Commission with substantial inputs from the Finance Department, is anticipated to provide a comprehensive assessment of the State’s economic performance and policy direction.Sources indicate that the latest edition of the Survey wil…
Amaravati, Feb 11 (IANS) Andhra Pradesh Governor, Justice S. Abdul Nazeer (retd) said on Wednesday that the process to rebuild the state is firmly on track.Despite financial constraints, growth momentum is being restored through careful prioritisation and reform, he said.Addressing the joint sitting of the Assembly and the Council on the first day of the Budget session of the legislature, he said that in the last 21 months, the government completed foundational reforms, and proof of concept is v…
Mumbai, Feb 10 (IANS) The Business Advisory Committees of the Maharashtra Legislative Assembly and Council, at their meetings held on Tuesday, approved the schedule for the upcoming budget session of the state legislature from February 23 to March 25. The Chief Minister Devendra Fadnavis, who holds the Planning and Finance Departments after the sudden and untimely death of former Deputy Chief Minister Ajit Pawar, will present the annual budget for 2026-27 on March 6. The government will present …
Amaravati, Feb 10 (IANS) YSR Congress Party president Y.S. Jagan Mohan Reddy on Tuesday accused the Chandrababu Naidu-led government in Andhra Pradesh of “hoodwinking” the people with what he called “cooked-up GSDP figures”.The former chief minister also remarked that Chandrababu Naidu’s leadership would possibly rank first in government debt, corruption, political vendetta and false propaganda.He claimed that the state is confronting a worrying economic slowdown, as is clearly evident from th…
Patna, Feb 2 (IANS) The Nitish Kumar government on Monday presented the Economic Survey 2025–26 in the Bihar Legislative Assembly, outlining steady growth across sectors and setting an ambitious target of making Bihar a developed state within the next five years. After tabling the survey, Finance Minister Bijendra Prasad Yadav said the government is moving rapidly towards this goal and that the upcoming Budget would reflect this vision.“Chief Minister Nitish Kumar’s resolve is to make Biha…
Chennai, Dec 31(IANS) Chief Minister M.K. Stalin on Wednesday asserted that his Dravida Munnetra Kazhagam (DMK) was firmly on course for a decisive victory in the 2026 Assembly elections, declaring that 2025 had already emerged as a defining and successful year for Tamil Nadu.Reviewing the performance of his government, Stalin said the past year had witnessed significant progress across sectors, strengthening the state’s economic, social, and political foundations. Tamil Nadu’s achievements …
New Delhi, Dec 23 (IANS) The Ministry of Statistics and Programme Implementation (MoSPI) does not expect a significant change in India’s GDP growth estimates after the release of the revised national accounts series in February next year, MoSPI Secretary Saurabh Garg said on Tuesday.“Too early to say on its impact on GDP numbers. In general, we don’t expect much change from our previous expectations,” Garg told journalists here.The government is set to release the new GDP series along wi…