State Budget News
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 2020Opinion: The urgent need for states to get fiscally fit
Even as the levers of India’s development progressively shift to states, their fiscal slippage in recent years, if not reversed soon, will limit India’s growth prospects
4 min read8 Aug 2018Improving state finances by reducing power losses
India’s total energy losses are significantly more than international normswastage that state budgets cannot afford
4 min read31 Jul 2018Roll 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 2018State capacity freed is state capacity built
Almost all of India’s governance problems can find links to the lack of manpower in state services
4 min read12 Dec 2017Time for the states to do their bit
The Centre is helping to compensate for the states’ excesses, but it may not last long
5 min read19 Apr 2017Why deteriorating state finances should worry us
The increase in deficit will limit the benefits of fiscal consolidation by the central government
4 min read13 Apr 2017N.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 2017State finances
An IMF working paper says greater fiscal decentralization is usually associated with a stronger fiscal balance but can lead to more pro-cyclical fiscal policy
1 min read27 Mar 2017Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared