Shimla, Feb 10 (IANS) Himachal Pradesh Chief Minister Sukhvinder Sukhu on Tuesday reaffirmed the state’s commitment to the Old Pension Scheme (OPS) and various public welfare initiatives, despite the Central government’s withdrawal of the Revenue Deficit Grant (RDG).Chief Minister Sukhu emphasised the government would continue these schemes by mobilising its own resources, ensuring that the rightful entitlements of the people remain protected under all circumstances.Refuting the Opposition’s…
Latest Revenue Deficit Grant News & Updates
Shimla, Feb 8 (IANS) Union Minister for Culture and Tourism Gajendra Singh Shekhawat on Sunday clarified that Himachal Pradesh has significantly received higher Revenue Deficit Grant (RDG) in recent years compared to earlier cycles, but with a clear indication that states “must strengthen their own revenue systems and adopt fiscal discipline”. He said fiscal deficit “is fundamentally the gap between revenue and expenditure and cannot be addressed through political-blame shifting but throug…
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…
Shimla, Feb 7 (IANS) Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Saturday held discussions with legislators from Kullu, Mandi and Shimla districts on the second day of MLA priority meetings for 2026-27, with a focus on development priorities of the respective constituencies. The Chief Minister said that during the past three years, the government has generated Rs 26,683 crore in revenue from its own resources. He said the state earned a financial benefit of about Rs 401 crore from …