State Budget News

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 2020
Opinion

Opinion: 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 2018
Opinion

Improving 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 2018
Politics

Roll 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 2018
Politics

Siddaramaiah 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 2018
Opinion

State 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 2017
Opinion

Time 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 2017
Opinion

Why 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 2017
Politics

N.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 2017
Opinion

State 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 2017
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