AP govt to table budget on Monday, with four months left in FY
2 months ago

AP govt to table budget on Monday, with four months left in FY

Deccan Chronicle  

Amaravati: The Andhra Pradesh government is expected to present the state budget on Monday, during the assembly session starting tomorrow, according to official sources. The TDP-led NDA government had previously promulgated an ordinance approving a Vote-on-Account budget of Rs 1.3 lakh crore for the period from August to November. Earlier, the previous YS Jagan Mohan Reddy-led YSRCP government had presented a Vote-on-Account budget in February covering April to July, ahead of the state polls. According to the August 1 ordinance by the TDP-led government, the state opted for another Vote-on-Account budget for four months due to the new NDA government taking office.

Budget Nda Four Months  ap  ordinance  months  voteonaccount  state  fy  budget  table  nda  expected  ysrcp  tdpled  govt  left  presented

History of this topic

Odisha Assembly Passes ₹12,156 Cr Supplementary Budget Amid Oppn walkout
1 month ago

Odisha Assembly Passes ₹12,156 Cr Supplementary Budget Amid Oppn walkout

Deccan Chronicle  

The Odisha Legislative Assembly on Thursday evening approved the Appropriation Bill, 2024, authorizing the government to utilize ₹12,156 crore from its consolidated fund for the remaining months of the 2024-25 fiscal year. The session was marked by a walkout from the opposition BJD and Congress.Chief Minister Mohan Majhi, who also handles the finance portfolio, had presented the supplementary budget of …

AP’s Receipts Rs.2.36 Lakh Crore Against Estimated Rs.2.56 Lakh Crore
1 month, 4 weeks ago

AP’s Receipts Rs.2.36 Lakh Crore Against Estimated Rs.2.56 Lakh Crore

Deccan Chronicle  

Vijayawada: Andhra Pradesh has total receipts of ₹2,36,511 crore against the budget estimate of ₹2,56,865 crore for 2023-24. As per the report on Andhra Pradesh accounts by the principal accountant general for 2023-24, AP registered tax revenue from various heads like Goods and Services Tax – ₹45,003 crore, Taxes on Income and Expenditure – ₹29,892 crore, Taxes on Property and …

A.P. govt. presented a pro-people budget amid precarious financial conditions, says I&PR Minister
1 month, 4 weeks ago

A.P. govt. presented a pro-people budget amid precarious financial conditions, says I&PR Minister

The Hindu  

In the face of financial difficulties and resource depletion, the coalition government in Andhra Pradesh has introduced what it called a “pro-people budget” for 2024-25. Addressing the media at the Assembly on Monday, Information and Public Relations Minister Kolusu Parthasarathy praised Chief Minister N. Chandrababu Naidu and Finance Minister P. Keshav for delivering a budget under challenging conditions. Additionally, the …

AP Budget: Total Outlay at Rs.2,94,427.25 Cr
2 months ago

AP Budget: Total Outlay at Rs.2,94,427.25 Cr

Deccan Chronicle  

Vijayawada: The annual Budget for Andhra Pradesh was presented in the state assembly on Monday by Finance Minister Payyavula Keshav. Keshav said the budget of Rs.2,94,427.25 crore for FY25 has a revenue expenditure estimated at Rs.2,35,916.99 crore and capital expenditure at Rs.32,712.84 crore. The finance minister announced an allotment of Rs.11,855 crore for agriculture and allied sectors, Rs.18,497 crore for …

What does Naidu government have in focus for Andhra Pradesh in its budget?
Trending News
2 months ago

What does Naidu government have in focus for Andhra Pradesh in its budget?

India Today  

The Andhra Pradesh Legislative Assembly’s budget session began today with Finance Minister Payyavula Keshav presenting the state’s budget for the fiscal year 2024-25. The state budget for 2024-25 is set at Rs 2.94 lakh crore, with Rs 2.35 lakh crore allocated for revenue expenditure and Rs 3,271.84 crore for capital expenditure. Sector-wise, significant funds are earmarked for Panchayat Raj and …

Odisha govt sets the ball rolling for budget 2025-26
2 months, 1 week ago

Odisha govt sets the ball rolling for budget 2025-26

New Indian Express  

BHUBANESWAR: A fortnight ahead of schedule, the state government has begun preparation for the annual budget 2025-26 with a focus to make it fiscally prudent, inclusive and growth-oriented. As the Opposition BJD criticised the budget as a mere ‘name-changing’ exercise, accusing the BJP of superficially rebranding rather than introducing transformative policies, the government now aims to present a strategic fiscal …

Former CM Jagan Mohan Reddy flays TDP for not presenting annual budget
3 months, 1 week ago

Former CM Jagan Mohan Reddy flays TDP for not presenting annual budget

New Indian Express  

VIJAYAWADA: Former Chief Minister and YSRC President YS Jagan Mohan Reddy criticized the TDP coalition government for failing to introduce the annual budget even four months after assuming office and said that the delay was due to avoid public backlash over allocations to welfare schemes. During the meeting with ZPTC and other leaders from West Godavari and Eluru districts held …

Buggana flays Andhra government over rising debt
3 months, 3 weeks ago

Buggana flays Andhra government over rising debt

New Indian Express  

VIJAYAWADA: Emphasising that the frustration which is typically observed after five years of governance has emerged within months, former minister Buggana Rajendranath condemned the current government for its failure to present a budget even after three months. Buggana raised concerns about the State government’s growing debt, and mentioned that coalition government had borrowed Rs 2,000 crore on June 11, Rs …

Bhatti terms his Budget ‘People’s Budget’ aimed at fulfilling aspirations of all sections
5 months, 2 weeks ago

Bhatti terms his Budget ‘People’s Budget’ aimed at fulfilling aspirations of all sections

The Hindu  

Deputy Chief Minister Mallu Bhatti Vikramarka has termed the Budget-2024-25 as a ‘people’s budget’ designed to meet the needs and aspirations of all sections of the society in the State. Stating that the State government would fully utilize the funds allocated for centrally Addressing Mr. Rao’s criticism of the increased estimated Excise revenue, Mr. Vikramarka assured that the government would …

Telangana govt presents ₹2.91 lakh-cr budget, agriculture gets lion’s share
5 months, 2 weeks ago

Telangana govt presents ₹2.91 lakh-cr budget, agriculture gets lion’s share

Hindustan Times  

Telangana finance minister Mallu Bhatti Vikramarka on Thursday presented a ₹2.91 lakh crore state budget for 2024-25 in the assembly, with the total revenue expenditure expected to be ₹2.21 lakh crore and capital expenditure ₹33,487 crore, even as the Congress-led government allocated major chunk to agriculture, panchayati raj and rural development and irrigation departments. Stating that the Congress-led state government …

Telangana Government presents State Budget with total outlay of ₹2.91 lakh crore
5 months, 2 weeks ago

Telangana Government presents State Budget with total outlay of ₹2.91 lakh crore

The Hindu  

The Telangana State Government has presented ₹2.91 lakh crore Budget for the Financial Year 2024-25 with emphasis on welfare and development of agriculture and allied sectors. Finance Minister Mallu Bhatti Vikramarka introduced the Budget in the Assembly on July 25 with estimated revenue expenditure of ₹2.2 lakh crore and capital expenditure of ₹33,487 crore. The Finance Minister presented the Budget, …

Telangana Cabinet approves budget for 2024-25
5 months, 2 weeks ago

Telangana Cabinet approves budget for 2024-25

Deccan Chronicle  

Hyderabad: The State Cabinet approved the budget to be presented by the Deputy Chief Minister Mallu Bhatti Vikramarka at a meeting chaired by the Chief Minister A Revanth Reddy in the Assembly Hall here on Thursday. Bhatti, who also holds the finance portfolio, will present the budget in the State Assembly at 12 noon. Bhatti handed over the copies related …

Union Budget evokes mixed response from Andhra’s political leaders, industry bodies
5 months, 2 weeks ago

Union Budget evokes mixed response from Andhra’s political leaders, industry bodies

The Hindu  

The Union Budget-2024, presented by Finance Minister Nirmala Sitharaman in the Lok Sabha on July 23, has evoked mixed response from political parties, trade unions and trade bodies. ‘No clarity on funds’ CPI State secretariat member K. Lokanadham said that the Union budget had ‘once again deceived A.P.’ by failing to give clarity on the amount of funds allocated to …

Budget 2024: Govt meets allies’ demand, secures NDA’s longevity
5 months, 2 weeks ago

Budget 2024: Govt meets allies’ demand, secures NDA’s longevity

Hindustan Times  

Financial assistance announced for Andhra Pradesh and Bihar by union finance minister Nirmala Sitharaman on Tuesday while presenting her seventh budget has come as a shot in the arm for the longevity of the Bharatiya Janata Party-led National Democratic Alliance coalition government at the Centre. To encourage religious tourism in the state, the budget has proposed Vishnupad Temple Corridor and …

Budget speech more focused on posturing than action: Congress
5 months, 2 weeks ago

Budget speech more focused on posturing than action: Congress

New Indian Express  

NEW DELHI: The Congress on Tuesday claimed that the government seems to have finally come around to "tacitly admitting that mass unemployment is a national crisis" that requires urgent attention, as it slammed Finance Minister Nirmala Sitharaman's budget speech as being "more focused on posturing than action". Congress general secretary in-charge communications Jairam Ramesh said, "After ten years of denial …

TD, YSRC Raise AP Issues at all Party Meeting
5 months, 2 weeks ago

TD, YSRC Raise AP Issues at all Party Meeting

Deccan Chronicle  

Vijayawada: Telugu Desam MPs sought funds for Polavaram, Amaravati, Visakhapatnam steel plant, railway projects and raised other issues at the all-party meeting ahead of the Budget Session of Parliament in New Delhi on Sunday. MP Srikrishna Devarayalu said TD mentioned “the financial destruction of AP” during YSRC's five-year rule, at the all-party meeting and listed the debts the state incurred” …

Odisha: CM Mohan Majhi holds budget consultations with top officials
5 months, 4 weeks ago

Odisha: CM Mohan Majhi holds budget consultations with top officials

Deccan Chronicle  

Bhubaneswar: Odisha chief minister Mohan Charan Majhi and deputy chief minister Prabhati Parida on Thursday held a pre-budget discussion with the senior officials of the state administration at Lok Seva Bhawan. The Odisha government will present its annual budget on July 25, two days after the presentation of the Union budget. On February 8, the then finance minister Bikram Keshari …

Telangana Budget Session From July 24, Full Budget Presentation Likely on July 25/26
5 months, 4 weeks ago

Telangana Budget Session From July 24, Full Budget Presentation Likely on July 25/26

Deccan Chronicle  

Hyderabad: The Budget Session of Telangana Legislative Assembly and Legislative Council will begin from July 24, according to official sources. The Six Guarantees promised by the Congress during Assembly elections will get higher allocations in the full budget, official sources said. In his budget speech, Deputy Chief Minister Mallu Bhatti Vikramarka, who also holds the finance portfolio, said, “We have …

Odisha CM Majhi to present first budget in June assembly session
6 months, 3 weeks ago

Odisha CM Majhi to present first budget in June assembly session

New Indian Express  

BHUBANESWAR: With the BJP government going into functional mode, Chief Minister Mohan Charan Majhi is set to present his first budget in the Assembly session which is likely to be convened in the last week of June. The saffron party sources said the first budget of the Majhi government will be a departure from the existing system of freebies and …

TS Assembly passes Appropriation Bill
10 months, 3 weeks ago

TS Assembly passes Appropriation Bill

Deccan Chronicle  

Hyderabad: The Telangana Appropriation Bill, 2024 and The Telangana Appropriation Bill, 2024 were passed by the Assembly on Thursday with the House approving Rs 78,911 crore to meet the essential expenditure for the first four months of 2024-25 fiscal and Rs 46,400 crore as additional expenditure during 2023-24. Deputy Chief Minister and finance minister Mallu Bhatti Vikramarka, who introduced the …

Telugu Desam Calls YSRCs Budget Numbers Game
11 months ago

Telugu Desam Calls YSRCs Budget Numbers Game

Deccan Chronicle  

Tirupati: Telugu Desam’s senior leader and former minister Amarnath Reddy heavily criticised the state budget presented by the YSRC government, calling it a ‘scam’ and accusing it of financial mismanagement. Addressing reporters on Thursday, Reddy slammed finance minister Buggana Rajendranath Reddy’s budget as a ‘juggling act of numbers’, alleging that he increased the revenue deficit from ₹ 13,000 crore to …

Rajasthan Finance Minister Diya Kumari presents Interim Budget
11 months ago

Rajasthan Finance Minister Diya Kumari presents Interim Budget

The Hindu  

Rajasthan Deputy Chief Minister and Finance Minister Diya Kumari started presenting a Vote on Account in the Assembly on February 8. The State Finance Minister said many schemes were implemented using State resources by the former government and that there was gap between revenue receipts and expenditure. She said, “During previous government’s tenure, development slowed down in Rajasthan due to …

AP Budget: YSRC govt lists Seven Steps for all-round development of AP
11 months ago

AP Budget: YSRC govt lists Seven Steps for all-round development of AP

Deccan Chronicle  

Vijayawada: Delivering the Budget speech in the AP Assembly on Wednesday, finance minister Buggana Rajendranath said the YSRC government upheld seven goals to ensure all-round growth of the state. Jagan Mohan Reddy centered around decentralisation of administration, good governance, welfare of the people and development of industry and infrastructure.He cited instances of the Gadapa Gadapaku Mana Prabhutvam and the setting …

No cuts in Interim Budget allocations: Nirmala
11 months ago

No cuts in Interim Budget allocations: Nirmala

Deccan Chronicle  

New Delhi: Exuding confidence in India’s economic growth, Union finance minister Nirmala Sitharaman on Wednesday said that all the allocations have not been cut under any head in the interim Budget for 2024-25, rather it has either remained the same or gone up in FY25 Budget in the flagship schemes. Meanwhile, the Lok Sabha also passed the Rs 47.66-lakh-crore interim …

AP observed fiscal discipline despite constraints: CM Jagan
11 months ago

AP observed fiscal discipline despite constraints: CM Jagan

Deccan Chronicle  

VIJAYAWADA: Chief Minister Y.S. Jagan Mohan Reddy has said the rate of AP’s debt increase was reduced to 12.13 per cent during his term from a high of 21.87 per cent during Chandrababu Naidu's tenure. The Chief Minister recalled, “We started the journey in 2019 with a debt of Rs 4.12 lakh crore and now it is about Rs 7 …

AP Assembly Budget Session To Last Four Days
11 months ago

AP Assembly Budget Session To Last Four Days

Deccan Chronicle  

Vijayawada: The state assembly’s Budget Session that started on Monday would conclude on February 8. After the Governor’s speech, the Assembly was adjourned to Tuesday and the BAC meeting was held under the leadership of Speaker Tammineni Sitharam Chief Minister Y.S. Finance minister Buggana Rajendranath will present the vote-on-account for the financial year 2024-25 in the Legislative Assembly at 11 …

News18 Afternoon Digest: Uttar Pradesh Finance Minister Tables Budget, Jharkhand Floor Test and Other Top Stories
11 months ago

News18 Afternoon Digest: Uttar Pradesh Finance Minister Tables Budget, Jharkhand Floor Test and Other Top Stories

News 18  

In today’s afternoon digest, News18 brings you the latest updates on the Jharkhand Assembly floor test, the Uttar Pradesh budget, the Election Commission’s new directive to political parties, and other top stories. Uttar Pradesh Finance Minister Presents Rs 7.36 Lakh Crore Budget; Rs 100 Crore For Ayodhya Uttar Pradesh Finance Minister Suresh Kumar Khanna on Monday tabled a record Rs …

AP Assembly Budget Session from Monday
11 months ago

AP Assembly Budget Session from Monday

Deccan Chronicle  

Vijayawada: The Andhra Pradesh Assembly starts its budget session on Monday. The budget session will be stormy as the opposition Telugu Desam plans to highlight the flaws of the ruling party.Governor Justice S Abdul Nazeer issued separate notifications summoning the assembly and the legislative council to meet at 10am in the Assembly Hall on February 5. The election schedule is …

FM Nirmala Sitharaman: True Vote on Account Budget, Shows Our Secularism in Action
11 months, 1 week ago

FM Nirmala Sitharaman: True Vote on Account Budget, Shows Our Secularism in Action

News 18  

A day after presenting the interim budget, Finance Minister Nirmala Sitharaman spoke exclusively to Network18 Group Editor-in-Chief Rahul Joshi about how it was a “true vote on account budget”. “We treated it like a true vote on account, an interim budget before an election, and also an interim budget which is being presented with the clear understanding that the several …

Interim Budget 2024-2025 documents presented by FM Nirmala Sitharaman
11 months, 1 week ago

Interim Budget 2024-2025 documents presented by FM Nirmala Sitharaman

The Hindu  

Finance Minister Nirmala Sitharaman presented the Interim Budget 2024-2025 in the Lok Sabha on February 1. Highlighting the achievements of the Modi Government for the past 10 years, Ms. Sitharaman left the tax slabs unchanged and stuck to the convention of not making any major announcements while presenting the interim Budget. The Interim Budget 2024-25 will be a vote-on-account that …

Where did the word 'Budget' come from? All you need to know about it
11 months, 2 weeks ago

Where did the word 'Budget' come from? All you need to know about it

India TV News  

New Delhi: As February 1 approaches, discussions about the upcoming budget intensify across the nation. England's budgetary origin In 1733, Sir Robert Walpole, the former Finance Minister of England, presented budget proposals in a small bag to Parliament. Vote on account approach Finance Minister Nirmala Sitharaman recently announced the introduction of a "Vote on Account" budget for the current fiscal …

Andhra Pradesh Legislative Council Passes 11 Government Bills in Current Session
1 year, 3 months ago

Andhra Pradesh Legislative Council Passes 11 Government Bills in Current Session

Deccan Chronicle  

VIJAYAWADA: The AP Legislative Council passed 11 government bills on the fourth day of its current session here on Tuesday. Health minister Vidadala Rajini moved the AP Vaidya Vidhana Parishad Bill, 2023. Among the other government bills were the State Road Transport Corporation bill, 2023 moved by transport minister Pinipe Viswarup; the Motor Vehicles taxation bill, 2023 moved by Viswarup; …

FM s reply on AP loans shuts opposition
1 year, 5 months ago

FM s reply on AP loans shuts opposition

Deccan Chronicle  

VISAKHAPATNAM: Union finance minister Nirmala Sitharaman’s reply in Parliament on AP’s borrowings proved to be a slap on the face of the state’s opposition parties. On Monday, Lok Sabha member Raghu Rama Krishna Raju asked the finance minister whether the central government has made an overall assessment of the financial condition of Andhra Pradesh after taking into consideration the various …

Tamil Nadu Budget 2023 highlights
1 year, 9 months ago

Tamil Nadu Budget 2023 highlights

The Hindu  

March 20, 2023 10:02 T.N. Finance Minister Palanivel Thiaga Rajan to present State Budget Finance Minister Palanivel Thiaga Rajan is set to present the Budget for 2023-24 in the State Legislative Assembly in Chennai. The Finance Minister would also present the vote on account for the first few months of 2023-24 and the final supplementary estimates for 2022-23 in the …

Tamil Nadu Finance Minister to present Budget in Assembly on March 20
1 year, 9 months ago

Tamil Nadu Finance Minister to present Budget in Assembly on March 20

The Hindu  

Tamil Nadu’s Finance Minister Palanivel Thiaga Rajan is set to present the Budget for 2023-24 in the State Legislative Assembly in Chennai on March 20 — the first day of the Assembly session. In this session, the Tamil Nadu Government may be expected to table among others, the second Bill to impose a ban on online games, as the Governor …

TD leader slams Andhra Pradesh government over diversion of borrowed funds
1 year, 9 months ago

TD leader slams Andhra Pradesh government over diversion of borrowed funds

Deccan Chronicle  

Amaravati: The Andhra Pradesh government diverting borrowed funds raises questions as to how the state will develop in such a scenario, a Telugu Desam Party politburo member said. TDP leader Yanamala Ramakrishnudu noted that the state stood only 19th in the country in terms of direct benefit transfers, even as the lion's share of the 2023-'24 budget, more than Rs …

‘Bankruptcy Budget’ without financial discipline, says AP opposition
1 year, 9 months ago

‘Bankruptcy Budget’ without financial discipline, says AP opposition

Deccan Chronicle  

Vijayawada: The Telugu Desam, BRS and other opposition parties termed the AP Budget 2023 as a ‘Bankruptcy Budget’ without financial discipline. “Nobody is happy and the Jagan Mohan Reddy government failed totally in presenting a good budget,” they said. “Jagan put a debt burden of ₹9 lakh crore on the state.” He said the YSRC government's Budget of ₹2.75 lakh …

AP Budget is realistic: Govt does a poll vault, gives more funds to welfare
1 year, 9 months ago

AP Budget is realistic: Govt does a poll vault, gives more funds to welfare

Deccan Chronicle  

Jagan Mohan Reddy-led government on Thursday presented the state Budget for 2023-2024 with a massive outlay of Rs 2.79 lakh crore of which more than 70 per cent will be mobilised from the state's own revenues, devolution of Central taxes and grants-in-aid. “Significantly, the Jagan Mohan Reddy government increased its expenditure by a whopping Rs 50,000 crore this year compared …

AP assembly Budget Session for nine days, Budget to be presented tomorrow
1 year, 9 months ago

AP assembly Budget Session for nine days, Budget to be presented tomorrow

Deccan Chronicle  

Vijayawada: The State Budget will be presented in the Andhra Pradesh Assembly on March 16, Thursday. The business advisory committee meeting chaired by Speaker Tammineni Sitaram finalised the agenda for the Budget Session on Tuesday. Jagan Mohan Reddy, Telugu Desam deputy floor leader K. Atchannaidu, ministers Buggana Rajendranath, Peddireddy Ramachandra Reddy, chief whip Mudunuri Prasadraju and Gadikota Srikanth participated in …

Governor summons AP’s Budget Session from March 14
1 year, 10 months ago

Governor summons AP’s Budget Session from March 14

Deccan Chronicle  

VIJAYAWADA: Andhra Pradesh Governor Justice S. Abdul Nazeer issued a notification on Friday summoning the Budget Session of the State Legislative Assembly as well as the State Legislative Council on March 14. In this regard, AP Government has issued a notification stating that in the exercise of powers conferred by Clause of Article 174 of the Constitution of India, S. …

AP budget sessions likely from March 14
1 year, 10 months ago

AP budget sessions likely from March 14

Deccan Chronicle  

Vijayawada: The Budget sessions of the Andhra Pradesh legislature are likely to be held for 10 to 12 days from March 14 as per a revised plan. Leader of Opposition Nara Chandrababu Naidu had vowed not to attend the assembly sessions till he won the next elections and would keep off the house during this session too. According to official …

UP Budget Expected To Touch Rs 7 Lakh Crore Mark, To Focus On Infrastructure, Agriculture, Jobs
1 year, 10 months ago

UP Budget Expected To Touch Rs 7 Lakh Crore Mark, To Focus On Infrastructure, Agriculture, Jobs

ABP News  

New Delhi: Uttar Pradesh Budget for the financial year 2023-24 will be presented in the Legislative Assembly today. Chief Minister Yogi Adityanath has said that the budget will focus on the expectations of the people and overall development. According to the sources, the budget is expected to be around Rs 7 lakh crore for the financial year 2023-24 against the …

AP assembly sessions likely for two weeks
1 year, 10 months ago

AP assembly sessions likely for two weeks

Deccan Chronicle  

Vijayawada: The Budget sessions of the Andhra Pradesh legislature are likely to last two weeks from Feb 27. The government might adjourn the sessions after two days to resume on March 6 in view of the Global Investors Summit-2023 in Visakhapatnam on March 3 and 4. Official sources said that since the AP government is conducting the Global Investors Summit-2023 …

Illusory and unrealistic budget: Congress
1 year, 11 months ago

Illusory and unrealistic budget: Congress

Deccan Chronicle  

Medaram, Hyderabad: The Congress termed the State Budget presented on 06-02-2023 as nothing but a 'number game' and 'illusionary', as there remained a huge variation between the proposals and on-the-ground actuals. He said the Budget must the proposals for the coming year, the revised estimates for the current year and the actual spending of the year before. CLP leader Mallu …

YSRC MPs vow to fight for AP’s rights in Parliament
1 year, 11 months ago

YSRC MPs vow to fight for AP’s rights in Parliament

Deccan Chronicle  

Vijayawada: The ruling YSR Congress MPs are disappointed that there have been "no major allocations" in the Union Budget 2023-24 for several important railway and other projects of Andhra Pradesh. MP from Narasaraopet, Lavu Sri Krishna Devarayalu, said in New Delhi on Monday that the party MPs would ask the Union railway ministry to come clear on allocation of Rs …

Telangana presents massive budget of ₹2.9 lakh crore for 2023-24 fiscal
1 year, 11 months ago

Telangana presents massive budget of ₹2.9 lakh crore for 2023-24 fiscal

The Hindu  

The Telangana State Government has presented a massive ₹2.90 lakh crore budget for the next financial year 2023-24. The budget has projected revenue receipts to the tune of ₹2.16 lakh crore in the next fiscal, close to ₹40,000 crore higher than the current year’s revised estimates which pegged the revenue receipts at ₹1.75 lakh crore. The revenue receipts for the …

Rs 3-L crore TS Budget to focus on welfare schemes
1 year, 11 months ago

Rs 3-L crore TS Budget to focus on welfare schemes

Deccan Chronicle  

Hyderabad: The state's annual Budget outlay for 2023–24 is projected to exceed Rs 3 lakh crore with a special emphasis on welfare schemes as the BRS government gets ready for the Assembly elections, which are set for December. The government is expected to increase allocations for the Rs 1 lakh crop loan waiver scheme and Rs 3 lakh financial assistance …

Decoding Budget 2023
1 year, 11 months ago

Decoding Budget 2023

The Hindu  

Finance Minister Nirmala Sitharaman on February 1 raised the personal income tax rebate limit, doled out sops on small savings, and announced one of the biggest hikes in capital spending in the past decade as she did a tightrope walk in the Budget between staying fiscally prudent and meeting public expectations in the year before general elections. Ms. Sitharaman’s fifth …

A raft of concessions amid consolidation: The Hindu Editorial on Union Budget 2023-24
1 year, 11 months ago

A raft of concessions amid consolidation: The Hindu Editorial on Union Budget 2023-24

The Hindu  

If budget making is a complex task, interpreting the Union Budget can be hazardous given the amount of fine print that one has to pore over. Finance Minister Nirmala Sitharaman’s fifth Budget, and the current Bharatiya Janata Party-led government’s final full-fledged one before next year’s general election, ticks all the right boxes on the face of it. Terming it the …

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