Latest State finances News & Updates

Hyderabad, March 3 (IANS) Union Minister for Coal and Mines G. Kishan Reddy has demanded that the Congress government in Telangana release a white paper on the state’s financial position.The Central minister, on Tuesday, wrote a letter to Chief Minister Revanth Reddy requesting him to release a comprehensive white paper before the state budget session starts on March 16.In his letter, the BJP leader gave details of the funds and other support received by the state from the Centre during the la…

Mumbai, Feb 22 (IANS) The month-long Budget session, starting February 23, is expected to be stormy with the opposition, Maha Vikas Aghadi, gearing up to challenge the Mahayuti government on several fronts. For the ruling Mahayuti alliance (BJP, Shiv Sena-Shinde, and NCP-Sunetra Pawar), the Budget session is a high-stakes exercise in maintaining political momentum especially in the wake of its stellar performance in the recently concluded local body elections while managing a significant leaders…

Thiruvananthapuram, Jan 29 (IANS) Leader of the Opposition V.D. Satheesan on Thursday launched a scathing attack on the Kerala Budget presented by Finance Minister K.N. Balagopal, alleging that the State’s fiscal credibility had been “completely destroyed” and that the LDF government was merely shifting its financial burden to the next dispensation.Echoing the criticism, Indian Union Muslim League (IUML) leader P.K. Kunhalikutty termed the document “the best budget of a failed government.”…

Chennai, Jan 4 (IANS) Former Union Finance Minister and Congress leader P. Chidambaram has said that the newly announced Tamil Nadu Assured Pension Scheme (TAPS) would place additional pressure on the State’s finances but can still be implemented successfully if backed by strong and disciplined financial management. Responding to criticism surrounding the scheme, Chidambaram shared his views in a post on X, stressing that fiscal prudence and improved revenue mobilisation would be crucial to su…