Bengaluru, March 6 (IANS) Karnataka Chief Minister Siddaramaiah on Friday said the state’s total liabilities at the end of 2026–27 are estimated at Rs 8,24,389 crore while presenting the State Budget in the Legislative Assembly.The Chief Minister stated that for the financial year 2026–27, the revenue deficit is estimated at Rs 22,957 crore, while the fiscal deficit is projected at Rs 97,449 crore, which is 2.95 per cent of the Gross State Domestic Product (GSDP).The total liabilities of Rs …
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Mumbai, March 6 (IANS) Amid a record-breaking debt of Rs 9.32 lakh crore and the ambitious goal to reach a one trillion dollar economy by 2030 and five trillion dollar under Viskit Maharashtra 2047 mission, Maharashtra Chief Minister Devendra Fadnavis, who holds the planning and finance departments, will on Friday present the state’s annual budget for 2026-27. The chief minister will have to navigate a high-stakes tightrope walk as the budget is expected to be on the “Reform over Rhetoric” — …
Amaravati, March 5 (IANS) The government of Andhra Pradesh has proposed an incentive of Rs 25,000 to couples having third child to help maintain demographic balance.Chief Minister N. Chandrababu Naidu on Thursday announced this while unveiling draft population management policy in the state Assembly, proposing various measures to address declining birth rate. The government also proposes to give Rs 1,000 per month as nutrition assistance to third child for five years and free education till 18 y…
Mumbai, March 5 (IANS) Maharashtra’s public debt is set to climb to a staggering Rs 9.32 lakh crore in 2025-26, even as the state projects a strong 7.9 per cent economic growth that edges past the national forecast, according to the pre-budget Economic Survey presented in the Maharashtra Assembly on Thursday.Minister of State for Finance, Ashish Jaiswal, tabled the document, which paints a picture of robust expansion fueled by impressive GST inflows and buoyant market sentiment, while underscori…
Chandigarh, March 2 (IANS) Reinforcing the state’s commitment to fiscal prudence and development-led growth, Haryana Chief Minister Nayab Singh Saini on Monday presented the state Budget for 2026-27, emphasising seven key pillars that underscore disciplined financial management and a sharp rise in capital investment. CM Saini said the best indicator of a government’s financial management is the fiscal deficit. “Between 2005 and 2014, Haryana’s fiscal deficit increased from Rs 286 …
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…
New Delhi, Feb 23 (IANS) Chhattisgarh is expected to sustain robust economic growth in the financial year 2025–26 with state’s Gross State Domestic Product (GSDP) at current prices projected to rise from Rs 5.65 lakh crore in 2024–25 to around Rs 6.31 lakh crore in 2025–26, as per the Economic Survey Report presented in the state Assembly on Monday. “With an estimated growth rate of 11.57 per cent, the state is set to outperform the national average and maintain strong economic momentum,” …
Ranchi, Feb 21 (IANS) Jharkhand’s per capita income has crossed the Rs 1 lakh mark for the first time, according to the Economic Survey 2025-26 tabled in the Assembly on Saturday.Presenting the pre-Budget Economic Survey in the House, Finance Minister Radha Krishna Kishore said the state’s economy has witnessed sustained growth over the past decade, alongside a significant decline in poverty.As per the report, per capita income at current prices has risen from around Rs 60,000 in 2016-17 to …
Bhubaneswar, Feb 20 (IANS) Odisha Chief Minister Mohan Charan Majhi on Friday presented the annual state budget with an outlay of Rs 3.10 lakh crores for the 2026-27 fiscal with special focus on infrastructure, agriculture, tourism, and irrigation sectors. Majhi, who also holds the Finance portfolio, stated that the Annual Budget aims to accelerate the development of world-class infrastructure, empower youth through skill development initiatives, leverage Artificial Intelligence to enhance produ…
Bhubaneswar, Feb 19 (IANS) The state government on Thursday released the Economic Survey 2025-26, showcasing strong growth, rising per capita income, and significant strides in agriculture, industry, services and social development.According to the annual economic survey, the per capita income in the state has risen by 9.2 per cent to Rs 1,86,761, reflecting faster convergence of per capita income with the national level.“The Per Capita Income of Odisha has increased by 9.2 per cent to reach R…