State Budget
Karnataka likely to cut expenditure in state budget to mitigate fund crunch
The state budget’s refocus is likely to add to its inadequate infrastructure creation, experts saidThe state government has already asked its cabinet to brace for budget cuts of up to 30%
2 min read26 Feb 2020Roll back hike in petrol, diesel price, Siddaramaiah tells Kumaraswamy
The concerns raised against the specific budgetary provision presented by Kumaraswamy brings to the fore the underlying problems of the coalition government of the Congress and JD(S)
2 min read11 Jul 2018Siddaramaiah presents ₹2.1 lakh crore Karnataka budget
The state's Congress government increased outlays in key sectors such as agriculture, healthcare, benefits to women, backward classes development, farmer welfare,irrigation among other areas
3 min read17 Feb 2018N.K. Singh committee recommends 2.5% fiscal deficit target by FY23
The N.K. Singh panel has recommended a debt to GDP ratio of 38.7% for the central government and a fiscal deficit of 2.5% of GDP, both by 2022-23
3 min read13 Apr 2017Maharashtra: 19 opposition MLAs suspended for ‘insulting the House'
Maharashtra speaker suspends 19 opposition MLAs till 31 Dec for 'insulting the House'. Ten suspended MLAs belong to NCP while 9 are from the Congress
2 min read23 Mar 2017Political updates: AIB's Tanmay Bhat faces criticism for Sachin versus Lata video
The Mumbai police has asked YouTube and Facebook to block the video poking fun at Sachin Tendulkar and Lata Mangeshkar
5 min read31 May 2016Discom debt to impact states' spending on development: RBI
UDAY will not only increase states' debt but also their interest payments, affecting capex, says report
2 min read8 Apr 2016President signs ordinance on Uttarakhand expenditure
The Uttarakhand Appropriation (Vote on Account) Ordinance, 2016, allows for the withdrawal of Rs13,642.43 crore to meet the state's expenditure during the ongoing fiscal year
1 min read2 Apr 2016Japan 2016 budget clears parliament, more fiscal stimulus eyed
Prime Minister Shinzo Abe wants to front-load spending in the annual budget for the coming fiscal year starting in April and to adopt a fresh extra budget
2 min read29 Mar 2016How states responded to a flagship irrigation scheme in a drought year
An analysis of Pradhan Mantri Krishi Sinchayee Yojana shows that several states are lagging behind in their uptake of the scheme
2 min read18 Mar 2016