Maharashtra seeks ₹35,788 cr for unscheduled expenses, including Ladkin Bahin
3 weeks, 4 days ago

Maharashtra seeks ₹35,788 cr for unscheduled expenses, including Ladkin Bahin

Hindustan Times  

NAGPUR: The state government presented supplementary demands amounting to ₹35,788 crore on the first day of the winter session of the state legislature. Maharashtra Chief Minister Devendra Fadnavis Maharashtra’s budget is ₹6.69 lakh crore and the supplementary demands are an additional budget aimed at meeting unplanned expenditure. In July, the government tabled supplementary demands amounting to ₹94,889 crore, owing to the populist schemes announced by the state government ahead of the assembly elections. The supplementary demands tabled on Monday in both houses of the state legislature include a provision of ₹1,400 crore for the Ladki Bahin scheme.

Budget Maharashtra Demands State Crore Supplementary Supplementary Demands Tabled Including Ladkin  crore  seeks  including  ladkin  provision  expenses  fiscal  supplementary  state  expected  cr  demands  bahin  tabled  budgetary  maharashtra  unscheduled  35788  budget

History of this topic

India’s Fiscal Deficit Stands at Rs 8.5 Lakh Cr, 52.5 PC of Budget Target
1 week, 3 days ago

India’s Fiscal Deficit Stands at Rs 8.5 Lakh Cr, 52.5 PC of Budget Target

Deccan Chronicle  

New Delhi: Crossing the halfway mark in the first eight months of the year, India’s fiscal deficit stood at Rs 8.5 lakh crore or 52.5 percent of the Budget target. “Net tax receipts for the first eight months of the current financial year were at Rs 14.43 lakh crore, or 56 per cent of the annual target, compared with Rs …

India’s April-November 2024 fiscal deficit hits 52.5% of FY25 target at ₹8.47 lakh crore
1 week, 3 days ago

India’s April-November 2024 fiscal deficit hits 52.5% of FY25 target at ₹8.47 lakh crore

Live Mint  

India’s fiscal deficit for the April-November period was ₹8.47 trillion, 52.5% of the estimate for 2024-25, according to the data released by the Controller General of Accounts on Tuesday. The latest figure is lower than ₹9.07 trillion a year ago due to the Reserve Bank of India dividend and subdued government capex during the first quarter amid the general elections, …

Interest payment burden continues to mount as Telangana government grapples to raise resources
2 weeks ago

Interest payment burden continues to mount as Telangana government grapples to raise resources

The Hindu  

Interest burden on Telangana’s finances continue to mount with every passing month leaving the State government to face a challenging time in managing its finances in the coming days. The government has projected ₹17,729 crore towards interest payments during the current financial year in the budget estimates. But the quantum of interest paid is ₹17,080 crore till November-end with four …

Kerala reiterates demand for ₹24,000-cr. special package in Union Budget
3 weeks ago

Kerala reiterates demand for ₹24,000-cr. special package in Union Budget

The Hindu  

Kerala has reiterated its demand for a ₹24,000-crore special economic package to tide over the “current liquidity stress,” a ₹2,000-crore rehabilitation package for landslides-hit Wayanad, and a special assistance of ₹5,000 crore for the Vizhinjam seaport project in the 2025-26 Union Budget. Several of the demands, including the ₹24,000-crore special package and the ₹5,000-crore aid for Vizhinjam port, had featured …

UP government presents 2nd supplementary budget of RS 17865.72 crore
3 weeks, 2 days ago

UP government presents 2nd supplementary budget of RS 17865.72 crore

Hindustan Times  

[email protected] Finance Minister Suresh Khanna presenting a supplementary budget The UP government on Tuesday presented its second supplementary budget of ₹17865.72 crore for 2024-2025, including additional provisions for sprucing up the energy sector, making Prayagraj Mahakumbh secure and magnificent, creating development infrastructure, providing additional funds for maintenance of cows and ensuring the sanctity of examinations. The size of the second …

Centre seeks Parliament nod for net extra spending over ₹44,100 crore
4 weeks, 1 day ago

Centre seeks Parliament nod for net extra spending over ₹44,100 crore

Live Mint  

New Delhi: The finance ministry on Thursday sought Parliament's approval for net extra spending of ₹44,143 crore in the current financial year for administrative and subsidy requirements, showed the first supplementary demands for grants tabled in the House. The net additional spending of ₹44,143 crore is unlikely to have a big impact on the government’s fiscal deficit target of ₹16.1 …

UP govt to present second supplementary budget on December 17
4 weeks, 2 days ago

UP govt to present second supplementary budget on December 17

Hindustan Times  

LUCKNOW The UP government will present its second supplementary budget for 2024-2025 in the state legislative assembly here on the second day of the winter session on December 17. The business advisory committee of the House would also meet on December 15 to give final touches to the agenda of the House. Assembly Speaker Satish Mahana has convened an all-party …

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 …

Government may ease quarterly capex limits to achieve record ₹11.11 trillion spending goal for FY25: Report
1 month, 4 weeks ago

Government may ease quarterly capex limits to achieve record ₹11.11 trillion spending goal for FY25: Report

Live Mint  

India is considering the relaxation of quarterly spending limits to ensure it does not fall short of its capital expenditure target for the financial year 2024/2025, according to a government source. Capital expenditure, or spending on building physical infrastructure, was at 4.15 trillion rupees during April-September, or 37% of the annual target, against 4.9 trillion rupees a year earlier. The …

Education, welfare in focus of ₹2.94 lakh-cr Andhra budget
1 month, 4 weeks ago

Education, welfare in focus of ₹2.94 lakh-cr Andhra budget

Hindustan Times  

The Telugu Desam Party-led National Democratic Alliance government in Andhra Pradesh on Monday presented its first full-fledged budget of ₹2,94,427 crore for 2024-25, five months after coming to power. Finance minister Payyavula Kesav told the state legislative assembly that the budget included revenue expenditure of ₹2,35,916 crore and capital expenditure of ₹32,712 crore. The NDA government under chief minister N …

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 …

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 …

Fadnavis Says Substantial Funds for Maharashtra in Union Budget, MVA Creating False Narrative
5 months, 2 weeks ago

Fadnavis Says Substantial Funds for Maharashtra in Union Budget, MVA Creating False Narrative

Deccan Chronicle  

Mumbai: Maharashtra deputy chief minister Devendra Fadnavis on Tuesday accused the opposition parties in Maharashtra of cheating a “negative narrative” about the Union budget. Mr. Fadnavis said that Maharashtra will receive substantial funds for the MUTP-3, which will strengthen the local railway network in Mumbai, as well as Mumbai Metro, Nagpur Metro, Pune Metro, MMR green urban transport and schemes …

Budget 2024-25 CAPEX: ₹11 lakh crore allocated towards capital expenditure, 3.4% of GDP by FM Nirmala Sitharaman
5 months, 2 weeks ago

Budget 2024-25 CAPEX: ₹11 lakh crore allocated towards capital expenditure, 3.4% of GDP by FM Nirmala Sitharaman

The Hindu  

In her seventh budget presentation, Finance Minister Nirmala Sitharaman announced allocating Rs 11 lakh, 11 thousand and 111 crore towards capital expenditure. She further urged, “We will encourage states to provide support of similar scale for infrastructure development based on their priorities.” The finance minister stated that private investment in infrastructure will be promoted through Viability Gap Funding and a …

CAG slams state govt for fiscal stress
5 months, 4 weeks ago

CAG slams state govt for fiscal stress

Hindustan Times  

Mumbai: In a report tabled in the Maharashtra legislature on Friday, the Comptroller and Auditor General criticised the state government for fiscal stress caused by a mismatch between receipts and expenditure. HT Image The state government’s revenue receipts grew from ₹2,78,996 crore in 2018-19 to ₹4,05,678 in 2022-23, while revenue expenditure during this period increased from ₹2,67,021 crore to ₹4,07,614 …

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 …

Mahayuti tables demand of ₹95,000 crore to fund populist schemes ahead of polls
6 months ago

Mahayuti tables demand of ₹95,000 crore to fund populist schemes ahead of polls

Hindustan Times  

Mumbai: Merely a week after the ₹6,12,293 crore budget for 2024-25 was presented, the state government tabled the supplementary demands of ₹94,889 crore, making it the highest ever in history. The supplementary demands mostly aim to finance the populist schemes announced in the budget in anticipation of the upcoming Assembly polls scheduled for October this year. Jayant Patil, former finance …

Maharashtra govt tables supplementary demands worth Rs 94889 crore in state assembly
6 months ago

Maharashtra govt tables supplementary demands worth Rs 94889 crore in state assembly

New Indian Express  

MUMBAI: Maharashtra deputy chief minister Ajit Pawar, who is also finance minister, tabled Rs 94889 crore worth of supplementary demands on the floor of the House in the state assembly session. Interestingly, in the total Rs 94889 crore supplementary demand fund, Ajit Pawar led NCP ministers takes lion share in the state fund. In the total Rs 94889 crore worth …

Maharashtra budget: A pre-poll strategic play of social engineering
6 months, 1 week ago

Maharashtra budget: A pre-poll strategic play of social engineering

The Hindu  

The budget presented by the Mahayuti government in Maharashtra last week ahead of the upcoming Assembly election reflects the outgoing dispensation’s attempts to balance or at least project a semblance of social engineering with populist schemes. Targeting ‘silent’ voters The introduction of the Mukhya Mantri Majhi Ladki Bahin, based on neighbouring BJP-ruled Madhya Pradesh’s popular Ladli Behna Yojana, aims to …

Interim budgets adversely impact economic development of Puducherry: former MP
6 months, 2 weeks ago

Interim budgets adversely impact economic development of Puducherry: former MP

The Hindu  

Criticising the AINRC-BJP government in Puducherry for the delay in presenting a full budget, former Member of Parliament and president of Puducherry Maanila Makkal Munnetra Kazhagam M. Ramadass said the Union Territory has suffered because of the reliance of successive governments on interim budgets, leaving little space for capital expenditure which was essential for necessary growth. This budget size was …

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 …

Ajit Pawar presents interim budget, state debt reaches ₹7.82 lakh crore
10 months, 2 weeks ago

Ajit Pawar presents interim budget, state debt reaches ₹7.82 lakh crore

Hindustan Times  

MUMBAI: Finance minister Ajit Pawar on Tuesday presented a ₹6 lakh crore interim budget with a revenue deficit of ₹9,734 crore. While the government is aiming for a $1trillion state economy, its debt burden has reached ₹7.82 lakh crore after a net borrowing of ₹72,000 crore. The PM has announced welfare schemes for youth, women, the poor and farmers, which …

Maharashtra Deputy CM Ajit Pawar tables ₹8,609 crore supplementary demands
10 months, 2 weeks ago

Maharashtra Deputy CM Ajit Pawar tables ₹8,609 crore supplementary demands

The Hindu  

On the first day of the five-day Budget session of the State Legislature, the Maharashtra government on Monday tabled supplementary demands amounting to ₹8,609 crore. Deputy Chief Minister and State Finance Minister Ajit Pawar presented these additional fund requirements, exceeding the budgetary allocation, in both the Legislative Assembly and Council. During the Winter session in December last year, supplementary demands …

Karnataka Budget 2024 LIVE, key takeaways and highlights: Budget outlay pegged at ₹3,71,383 crore, ₹52,000 crore for guarantee schemes
10 months, 3 weeks ago

Karnataka Budget 2024 LIVE, key takeaways and highlights: Budget outlay pegged at ₹3,71,383 crore, ₹52,000 crore for guarantee schemes

The Hindu  

February 16, 2024 09:37 am | Updated 03:12 pm IST Chief Minister Siddaramaiah, who also holds the Finance portfolio, presented a revenue-deficit Karnataka Budget for 2024-25 on February 16 with a total outlay pegged at ₹3,71,383 crore, as against a revised estimate of ₹3,12,708 crore for 2023-24. With the deficit pegged at ₹27,354 crore, this is also perhaps the first …

Budget may focus on welfare, infra, adhere to fisc glide path
11 months, 1 week ago

Budget may focus on welfare, infra, adhere to fisc glide path

Hindustan Times  

New Delhi India will meet its fiscal deficit target of 5.9% of GDP in 2023-24, and largely adhere to the envisaged glide path to bring it below 4.5% by 2025-26 on the back of robust GDP growth, buoyant tax collections, and better targeting of expenditure, officials familiar with the matter said, adding that public spending on welfare schemes and infrastructure …

India’s fiscal deficit may breach 5.9% of GDP target: India Ratings and Research
1 year ago

India’s fiscal deficit may breach 5.9% of GDP target: India Ratings and Research

The Hindu  

India’s fiscal deficit may breach the 5.9% of GDP target for this year and could hit 6%, even though tax collections have been buoyant and may offset a wide shortfall in disinvestment outcomes, due to the likelihood of revenue spending exceeding the Budget Estimate by about ₹2 lakh crore, India Ratings and Research said on December 26. The Centre has …

UP Assembly Winter Session: Yogi government presents supplementary budget of Rs 26,760 crore | Details
1 year, 1 month ago

UP Assembly Winter Session: Yogi government presents supplementary budget of Rs 26,760 crore | Details

India TV News  

UP Assembly Winter Session: The Yogi government of Uttar Pradesh presented the supplementary budget for the financial year 2023- 24 in the Assembly on Wednesday. A supplementary budget of Rs 26760.67 crore was presented in the House by Finance Minister Suresh Khanna on the second day of the winter session. Rs 100 crore for the implementation of the Uttar Pradesh …

Bihar govt to table caste survey report in House today
1 year, 2 months ago

Bihar govt to table caste survey report in House today

Hindustan Times  

Findings of the caste and economic survey, which were released by the Bihar government last month, will be laid on the floor of both the houses on Tuesday, the second day of the five-day winter session of the state legislature that began on Monday, parliamentary affairs minister Vijay Kumar Chaudhary said. Bihar chief minister Nitish Kumar arrives at the state …

Measures to make T.N. revenue-neutral to be keenly watched
1 year, 9 months ago

Measures to make T.N. revenue-neutral to be keenly watched

The Hindu  

Apart from the anticipation of an announcement on the monthly honorarium of ₹1,000 for women family heads, measures to achieve the goal of making the State revenue-neutral in three years would be keenly watched in the Tamil Nadu Budget for 2023-24 to be presented by Finance Minister Palanivel Thiaga Rajan on Monday. As per the provisional figures of the Comptroller …

Maharashtra Deputy CM Fadnavis presents Shinde government’s maiden Budget
1 year, 10 months ago

Maharashtra Deputy CM Fadnavis presents Shinde government’s maiden Budget

The Hindu  

Maharashtra Deputy Chief Minister Devendra Fadnavis, who is also the State Finance Minister, on Thursday presented the Eknath Shinde-led government's first Budget for the year 2023-24 in the State Assembly. During the budget presentation, Mr. Fadnavis said the outlay for farmers has been increased by ₹6,900 crore and the coverage of the Mahatma Phule Jan Arogya scheme, a health insurance …

MP govt’s ₹3.14 lakh crore budget focuses on women, tribals and religion
1 year, 10 months ago

MP govt’s ₹3.14 lakh crore budget focuses on women, tribals and religion

Hindustan Times  

Madhya Pradesh finance minister Jagdish Deoda presented a revenue surplus budget of over ₹3.14 lakh crore on Wednesday in the state assembly ahead of the December polls. Madhya Pradesh finance minister Jagdish Deoda presented the state budget today With a special focus on women, tribals and religion, Deoda announced schemes for giving scooty and skill upgradation stipends to girl students, …

Bihar govt. presents ₹2.61 lakh crore ‘revenue surplus Budget’ for fiscal 2023-24
1 year, 10 months ago

Bihar govt. presents ₹2.61 lakh crore ‘revenue surplus Budget’ for fiscal 2023-24

The Hindu  

Bihar Finance Minister Vijay Kumar Choudhary on February 28, 2023 tabled over ₹2.61 lakh crore ‘revenue surplus Budget’ in the State Assembly, while putting thrust on employment, health and education sectors. “In our estimated revenue arrangement this is a revenue surplus Budget in which the State’s growth rate will be above 10%,” he told mediapersons, after presenting the Budget for …

Haryana CM presents ₹1,83,950 crore budget for 2023-24, up 11.6%; no new tax imposed
1 year, 10 months ago

Haryana CM presents ₹1,83,950 crore budget for 2023-24, up 11.6%; no new tax imposed

The Hindu  

Haryana government on Thursday presented a tax-free state budget for the 2023-24 financial year with an outlay of ₹1,83,950 crore, an increase of 11.6% in comparison to the previous year. The budget proposes an expenditure of ₹57,879 crore on capital asset creation representing 31.5% and ₹1,26,071 crore on revenue expenditure representing 68.5%. “In budget estimate 2023-24, I have projected revenue …

W.B. Budget for 2023-24 broadens welfare schemes, gives incentives to jobs
1 year, 10 months ago

W.B. Budget for 2023-24 broadens welfare schemes, gives incentives to jobs

The Hindu  

With an eye on the upcoming panchayat polls, the West Bengal government’s Budget for the year 2023-24 on Wednesday widened the ambit of social welfare schemes like Lakshmi Bhandar, added a new scheme providing death benefits for fishermen, promised financial assistance for micro-enterprise and allocated ₹3000 crore for rural road connectivity and repair of urban roads in the State. Minister …

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 …

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 …

FM lists 7 Budget priorities: Tax slab changes; middle class focus; Rlys boost
1 year, 11 months ago

FM lists 7 Budget priorities: Tax slab changes; middle class focus; Rlys boost

Deccan Chronicle  

New Delhi: Putting more money in the hands of the middle class as well as salaried individuals to boost taxpayers in India, finance minister Nirmala Sitharaman on Wednesday announced her Budget 2023-24, saying that the Indian economy was on the right path and heading towards a bright future as economic growth is estimated at nearly seven per cent, the highest …

Budget 2023 may peg gross borrowing under ₹16 trillion: Report
1 year, 11 months ago

Budget 2023 may peg gross borrowing under ₹16 trillion: Report

Live Mint  

India's federal government is likely to keep its gross market borrowing below ₹16 trillion for 2023/24 as it does not want to destabilise the bond market with any negative surprises, two sources close to the deliberations said. The government has so far raised ₹12.93 trln up to Jan. 27, which is 91% of the overall gross borrowing target of ₹14.21 …

Maharashtra Budget 2022: Ajit Pawar Presents Rs 10,000 Crore Budget; Know Key Highlights
2 years, 9 months ago

Maharashtra Budget 2022: Ajit Pawar Presents Rs 10,000 Crore Budget; Know Key Highlights

News 18  

Maharashtra Budget 2022-23: Maharashtra deputy chief minister, Ajit Pawar, who also holds the finance post, announced in the state budget on Friday. -State plans to spend Rs 11,000 crore on health services in the next three years -Rs 20 crore for upgrading the cataract surgeries in the state -First class trauma care unit will be set up at Satara and …

Andhra Pradesh government presents budget with an outlay of ₹2.56 lakh crore
2 years, 9 months ago

Andhra Pradesh government presents budget with an outlay of ₹2.56 lakh crore

The Hindu  

: Finance Minister Buggana Rajendranath Reddy on Friday presented the Budget for 2022-23 with a proposed expenditure of ₹2.56 lakh crore. Recently, the Andhra Pradesh State High Court directed the State government to construct and develop Amaravati, the capital city of the State, and the capital region within six months. With the next assembly elections just two years away, the …

AP govt presents Rs 2.56 lakh crore budget for 2022-23
2 years, 10 months ago

AP govt presents Rs 2.56 lakh crore budget for 2022-23

Deccan Chronicle  

Amaravati: The Andhra Pradesh government on Friday presented the Budget for 2022-23 with a proposed expenditure of Rs 2.56 lakh crore and a projected revenue deficit of Rs 17,036 crore. Finance Minister Buggana Rajendranath presented the ambitious budget although the government fell short of its expenditure estimates in 2021-22 by a whopping Rs 55,182 crore. With the next assembly elections …

‘Time not ripe for fiscal consolidation’
3 years, 4 months ago

‘Time not ripe for fiscal consolidation’

The Hindu  

The time is not yet ripe for fiscal consolidation, and deeper reforms will be undertaken as soon as the impact of the COVID-19 pandemic is overcome, Finance Minister Palanivel Thiaga Rajan said on Friday. “An effective Samadhan Scheme will be launched to clear the pending dues of ₹28,000 crore under the Tamil Nadu Value Added Tax and other legacy legislation.” …

Uttarakhand CM presents ₹57,400 cr budget for FY22 with health, infra in focus
3 years, 10 months ago

Uttarakhand CM presents ₹57,400 cr budget for FY22 with health, infra in focus

Hindustan Times  

Uttarakhand Chief Minister Trivendra Singh Rawat on Thursday presented a ₹57,400.32 crore budget for 2021-22 in the Assembly here with emphasis on health, rural infrastructure, education, employment generation and agriculture. A provision of ₹245 crore has been made in the budget for payment of sugarcane prices besides that of ₹87.56 crore under Traditional Agricultural Development Scheme to double the farmers' …

Opinion | Crystal gazing Budget 2021-22
3 years, 11 months ago

Opinion | Crystal gazing Budget 2021-22

Live Mint  

Given the loss in national income and consequent dips in per capita income, demand generation should be the key focus for the government in the upcoming Union Budget. Given the developments in the farm sector and pledge of the government to double farmers’ income, allocations to strengthen agriculture infrastructure - especially storage infrastructure like silos and cold chain – are …

Maharashtra budget allocates ₹7,000 cr for farm loan waiver scheme
4 years, 10 months ago

Maharashtra budget allocates ₹7,000 cr for farm loan waiver scheme

Live Mint  

The first budget of Maharashtra's MVA government, presented in the assembly on Friday, has made a provision of ₹7,000 crore for the ambitious Mahatma Jyotirao Phule farm loan waiver scheme, the total outlay for which is ₹22,000 crore. Pawar said the Centre had approved only ₹956.13 crore to be paid as compensation to farmers who faced crop loss due to …

Bihar Budget: Highest fund allocation to education, healthcare sectors in proposed Rs 2.11 lakh cr budget
4 years, 10 months ago

Bihar Budget: Highest fund allocation to education, healthcare sectors in proposed Rs 2.11 lakh cr budget

India TV News  

The Nitish Kumar government on Tuesday presented a Rs 2.11 lakh crore budget for 2020-21 with special emphasis on education, health and infrastructure. Presenting the budget with a revenue surplus of Rs 19,172.80 crore, state Finance Minister Sushil Kumar Modi said the proposed allocations made for 2020-21 are Rs 11,260.48 crore more than the current fiscal's. Bihar's budget has increased …

Budget 2020 | Nirmala Sitharaman’s budget booster falls short of expectations
4 years, 11 months ago

Budget 2020 | Nirmala Sitharaman’s budget booster falls short of expectations

The Hindu  

Union Finance Minister Nirmala Sitharaman’s second Budget speech on February 1 sought to make up in length and breadth for what it couldn’t deliver in the form of an effective stimulus for India’s fast-slowing economy. Watch | Highlights of Union Budget 2020-21 Taking a cue from the Economic Survey, which dwelt at length on India’s ancient economic prowess, Ms. Sitharaman …

Maharashtra awaiting ₹15,558 cr dues from Centre: Thackeray to Sitharaman
5 years ago

Maharashtra awaiting ₹15,558 cr dues from Centre: Thackeray to Sitharaman

Live Mint  

The Maharashtra government is awaiting its "legitimate dues" of ₹15,558.05 crore including GST compensation up to November 2019 from the Centre, Chief Minister Uddhav Thackeray wrote to Finance Minister Nirmala Sitharaman. Timely release of GST compensation and tax devolution amount will help my state to manage the finances efficiently," Thackeray wrote. "As per the Union Budget 2019-2020 the tax devolution …

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