Telangana Govt grappling to raise financial resources as debt burden increased from ₹72,658 crore to ₹6.71 lakh crore
3 months, 2 weeks ago

Telangana Govt grappling to raise financial resources as debt burden increased from ₹72,658 crore to ₹6.71 lakh crore

The Hindu  

A year into governance, the Congress Government that took over the reins in Telangana last year is grappling to find resources to finance the commitments due to the huge debt burden, which went up from ₹72,658 crore at the time of formation of Telangana to ₹6.71 lakh crore in the past decade. No tangible fiscal assets created in last 10 years: Govt While this debt burden has created enormous stress on the finances in terms of the ability to service the debt, no tangible fiscal assets in proportion to the money spent were created in the last 10 years, the government said in the White Paper on State Finances. ₹15,162 crore expenditure on debt servicing during first seven months For instance, the State had incurred expenditure of ₹15,162 crore on debt servicing during the first seven months of the current financial year. Coupled with the shortfall in revenue receipts, the State is facing difficulties in raising market borrowings due to the restrictions imposed by the Union Finance Ministry on the borrowing limits citing fiscal prudence measures.

Debt Debt Servicing State Crore Telangana Govt Debt Burden Positive Balances  resources  expenditure  debt  telangana  govt  fiscal  crore  servicing  lakh  financial  grappling  raise  situation  state  created  days  increased

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Tamil Nadu’s finances show signs of improvement
22 hours, 26 minutes ago

Tamil Nadu’s finances show signs of improvement

The Hindu  

The finances of the Tamil Nadu government are showing signs of improvement, though it is too early to arrive at any definitive conclusion about the fiscal position. Likewise, it can be seen that the share of capital expenditure in net public debt or net borrowings is on the rise, despite a substantial amount of borrowings still being used to finance …

Telangana Budget 2025-26: Key takeaways | In charts
Top News
1 day, 3 hours ago

Telangana Budget 2025-26: Key takeaways | In charts

The Hindu  

The Telangana State budget with an outlay of ₹3.05 lakh crores was presented by the Deputy Chief Minister Mallu Bhatti Vikramarka in the Assembly today. Receipts and Expenditure Revenue receipts stand at ₹2.3 lakh crores for 2025-26 budget estimates, up from ₹2.02 lakh crores last year. Revenue expenditure for social services increased from ₹81.1 thousand crores in 2024-25 to ₹1.1 …

Telangana government tables ₹3.04 lakh-crore budget with focus on welfare, industrial growth
1 day, 5 hours ago

Telangana government tables ₹3.04 lakh-crore budget with focus on welfare, industrial growth

Hindustan Times  

Telangana finance minister Mallu Bhatti Vikramarka on Wednesday presented a ₹3.04 lakh crore state budget for 2025-26 in the assembly, announcing a “Mega Master Plan 2050” for industrial development not just in IT hub Hyderabad but across the Telugu state. Telangana Deputy Chief Minister and Finance Minister Bhatti Vikramarka presents the State Budget for 2025-26 in the state Assembly, in …

Realistic Budget in Telangana after 25 years
1 day, 13 hours ago

Realistic Budget in Telangana after 25 years

Deccan Chronicle  

Hyderabad: For the first time in about two decades, the state received a pragmatic Budget with the Congress government projecting an organic growth in rupee inflow, be it through own tax revenues, devolution of Central taxes and borrowings. On Wednesday, Deputy Chief Minister and finance minister Mallu Bhatti Vikramarka stood his ground and projected an organic growth rate of 7.3 …

Mahesh Goud hails Budget as progressive and realistic
1 day, 18 hours ago

Mahesh Goud hails Budget as progressive and realistic

The Hindu  

Telangana Congress hailed the Budget as progressive and a direction to the country on the welfare of downtrodden sections apart from being realistic. Telangana Pradesh Congress Committee president Mahesh Kumar Goud said that ₹40,234 crore have been allocated for SC welfare, ₹17,169 crore for ST welfare, ₹11,405 crore for Backward Classes, and ₹3,591 crore for minority welfare. Mr. Goud said …

A repeat of previous budget for Hyderabad, with a few exceptions
1 day, 18 hours ago

A repeat of previous budget for Hyderabad, with a few exceptions

The Hindu  

The Telangana State government’s allocations towards Hyderabad for the financial year 2025-26 have been largely a repeat of the budget for the current financial year, with a few minor exceptions. The Greater Hyderabad Municipal Corporation has got a repeat allocation of ₹2,654 crore this year too, towards the Hyderabad City Innovative and Transformative Infrastructure project, apart from ₹10 crore compensation …

Budget a ‘web of lies’ with ‘zero gains’ for Telangana: KTR, Harish
1 day, 20 hours ago

Budget a ‘web of lies’ with ‘zero gains’ for Telangana: KTR, Harish

The Hindu  

BRS working president K.T. KTR claimed that while the BRS government borrowed ₹4.17 lakh crore over 10 years, Congress amassed ₹1.6 lakh crore in just one year, with no new projects or schemes to justify it. He mocked the “trillion-dollar economy” claim, saying Mr. Revanth Reddy’s negative policies led to ₹73,000 crore drop in revenue. BRS MLA Harish Rao termed …

Telangana allots Rs 56,000 crore for poll promises in Rs 3.05 lakh crore budget
1 day, 23 hours ago

Telangana allots Rs 56,000 crore for poll promises in Rs 3.05 lakh crore budget

India Today  

The Congress-led Telangana government on Wednesday presented a budget of Rs 3.049 lakh crore for the fiscal year 2025-26, with a major focus on implementing its six poll guarantees. The budget, tabled by Deputy Chief Minister Mallu Bhatti Vikramarka in the state Assembly, earmarks over Rs 56,000 crore for these welfare schemes, while planning to raise Rs 64,000 crore through …

Telangana Budget 2025-26: ₹31,605 crore allocated for Panchayat Raj and Rural Development dept.
1 day, 23 hours ago

Telangana Budget 2025-26: ₹31,605 crore allocated for Panchayat Raj and Rural Development dept.

The Hindu  

The Telangana government has allocated ₹31,605 crore for the Panchayat Raj and Rural Development department in the State budget for the fiscal year 2025-26, reaffirming its commitment to rural progress and women’s empowerment. The Finance Minister said that they are committed to providing ₹1 lakh crore in interest-free loans to one crore women through the Indira Mahila Shakti Mission scheme. …

Telangana’s public debt expected to cross ₹5 lakh crore by 2025-26 end
1 day, 23 hours ago

Telangana’s public debt expected to cross ₹5 lakh crore by 2025-26 end

The Hindu  

Telangana’s total public debt outstanding, loans under the Fiscal Responsibility and Budget Management Act provisions, are expected to cross ₹5 lakh crore at the end of next financial year. Key updates from Telangana budget 2025-26 presentation Various sources of loans According to the 2025-26 budget documents, the State’s open market loans are expected to reach ₹4.07 lakh crore at the …

Telangana health budget up by 8%, focus on dialysis and medical education
2 days, 1 hour ago

Telangana health budget up by 8%, focus on dialysis and medical education

The Hindu  

The Telangana government has allocated ₹12,393 crore for the Health, Medical and Family Welfare department in the State budget for the fiscal year 2025-26, marking an increase of ₹925 crore from the previous year’s allocation of ₹11,468 crore. Telangana Budget 2025 LIVE updates Presenting the budget on Wednesday, Deputy Chief Minister and Finance Minister Mallu Bhatti Vikramarka underscored the government’s …

Telangana Budget 2025: Home department gets 6.52% hike; tech-driven policing, drug control remain top priorities
2 days, 2 hours ago

Telangana Budget 2025: Home department gets 6.52% hike; tech-driven policing, drug control remain top priorities

The Hindu  

Finance Minister Mallu Bhatti Vikramarka announced a ₹10,188 crore allocation for the Home Department, marking a ₹624 crore increase from ₹9,564 crore in 2024-25. Telangana Budget 2025 LIVE updates “The government is focusing primarily on technology-based policing, developing the necessary infrastructure to provide transparent, friendly, fast, and efficient services to the public,” the minister said while presenting the budget at …

Telangana presents ₹3.04-lakh-crore budget for 2025-26
Top News
2 days, 2 hours ago

Telangana presents ₹3.04-lakh-crore budget for 2025-26

The Hindu  

The Telangana Government has presented a massive ₹3.04 lakh crore budget for the financial year 2025-26. The budget however reflects the State’s continued dependence on borrowings estimated at close to ₹70,000 crore including open market borrowings of ₹64,539 crore during the next fiscal. On the revenue receipts front, the State estimated the revenue to be at ₹2.29 lakh crore of …

Telangana Rising with Rs 3 lakh cr Budget
Top News
2 days, 4 hours ago

Telangana Rising with Rs 3 lakh cr Budget

Deccan Chronicle  

Hyderabad: Deputy Chief Minister and finance minister Mallu Bhatti Vikramarka on Wednesday presented the state's Budget for 2025-26 with an outlay of Rs 3,04,965 crore. The budget projected a revenue surplus of Rs 2,783 crore in 2025-26, which is lower than Rs 5,888.71 crore projected in revised estimates for 2024-25. The budget projected a fiscal deficit of Rs 54,009 crore …

Telangana Rising with Rs 3 lakh cr Budget
Top News
2 days, 4 hours ago

Telangana Rising with Rs 3 lakh cr Budget

Deccan Chronicle  

Hyderabad: Deputy Chief Minister and finance minister Mallu Bhatti Vikramarka on Wednesday presented the state's Budget for 2025-26 with an outlay of Rs 3,04,965 crore. The budget projected a revenue surplus of Rs 2,783 crore in 2025-26, which is lower than Rs 5,888.71 crore projected in revised estimates for 2024-25. The budget projected a fiscal deficit of Rs 54,009 crore …

Telangana Rising with Rs 3 lakh cr Budget
Top News
2 days, 4 hours ago

Telangana Rising with Rs 3 lakh cr Budget

Deccan Chronicle  

Hyderabad: Deputy Chief Minister and finance minister Mallu Bhatti Vikramarka on Wednesday presented the state's Budget for 2025-26 with an outlay of Rs 3,04,965 crore. The budget projected a revenue surplus of Rs 2,783 crore in 2025-26, which is lower than Rs 5,888.71 crore projected in revised estimates for 2024-25. The budget projected a fiscal deficit of Rs 54,009 crore …

Congress MLAs express concern over declining capital expenditure
2 days, 6 hours ago

Congress MLAs express concern over declining capital expenditure

Hindustan Times  

The opposition Congress on Tuesday expressed concern over the decline in the capital outlay in the 2025-26 budget estimates tabled by chief minister Nayab Singh Saini in Haryana assembly on March 17. Congress leader Bhupinder Singh Hooda Speaking during the general discussion on budget, Congress MLA from Rohtak BB Batra said that the proposed capital outlay in 2025-26 estimates was …

Equity, discipline must guide states’ fiscal behaviour
2 days, 18 hours ago

Equity, discipline must guide states’ fiscal behaviour

Hindustan Times  

On Monday, Telangana chief minister Revanth Reddy expressed his government’s inability to pay dearness allowance to government employees because of the precarious fiscal situation of the state. In some states, governments are diverting funds from more important heads including capital spending to accommodate populist schemes even as the fiscal situation remains under control. Because states spend more than the Centre, …

Telangana Budget 2025-26 to be presented in Assembly on Wednesday
2 days, 22 hours ago

Telangana Budget 2025-26 to be presented in Assembly on Wednesday

The Hindu  

The stage is all set for the presentation of Telangana’s annual financial statement, budget, for the financial year 2025-26 in the Legislative Assembly on Wednesday. Deputy Chief Minister Mallu Bhatti Vikramarka, who holds the Finance portfolio, will present the budget in the House around noon on Wednsday even as the Finance department officials initiated efforts to fine tune the annual …

Borrowing from RBI per month, says T’gana CM amid cash crunch
Trending News
3 days, 8 hours ago

Borrowing from RBI per month, says T’gana CM amid cash crunch

Hindustan Times  

Telangana chief minister A Revanth Reddy on Monday said his government is facing a cash crunch due to the debt burden and other factors, and that it has been able to pay salaries to employees after obtaining a “hand loan” of ₹4,000 crore from the Reserve Bank of India. Telangana chief minister Revanth Reddy Replying to a question in the …

Salaries delayed, forget allowances: Revanth Reddy on Telangana financial crunch
4 days, 9 hours ago

Salaries delayed, forget allowances: Revanth Reddy on Telangana financial crunch

India Today  

Telangana Chief Minister Revanth Reddy on Monday admitted in the Legislative Council that the state is facing a financial crunch, making it difficult to pay government employees’ salaries on the first of every month. “The government is finding it difficult to pay salaries to employees on the first of every month due to the weak financial position of the state,” …

KCR took ₹57,84,124 salary in 15 months but attended Assembly for 2 days: Telangana CM
5 days, 18 hours ago

KCR took ₹57,84,124 salary in 15 months but attended Assembly for 2 days: Telangana CM

The Hindu  

Telangana Chief Minister A. Revanth Reddy, on Saturday, made an interesting comment on BRS chief and Leader of the Opposition in the Assembly K. Chandrasekhar Rao stating that he had drawn ₹57,84,124 as salary from December 2023 to February 28, 2025, but had turned up in the Assembly for just two days. The Supreme Court has also stated that MLAs …

Outstanding borrowing will be ₹9,29,959 crore, says Finance Minister
6 days, 23 hours ago

Outstanding borrowing will be ₹9,29,959 crore, says Finance Minister

The Hindu  

Tamil Nadu Finance Minister Thangam Thennarasu on Friday presented the Medium Term Fiscal Plan, which stated the State government has planned to borrow ₹1,62,096.76 crore during 2025-26 and make repayment of ₹55,844.53 crore. Mr. Thennarasu said Tamil Nadu remains a key growth engine, driven by a robust manufacturing base, rapid expansion in the services sector, and sustained public and private …

A State under severe financial stress
1 week, 1 day ago

A State under severe financial stress

The Hindu  

The Andhra Pradesh government presented a Budget of more than ₹3.22 lakh crore for FY2025-26. Public debt, the total amount of money that a government borrows to fund its spending, is estimated to increase to ₹1.02 lakh crore in FY2025-26. According to experts, the surge in public debt is largely due to “freebies, fewer tax revenues, and meagre capital expenditure.” …

Centre allocates Rs 5,688 crore for NH projects in Telangana
1 week, 3 days ago

Centre allocates Rs 5,688 crore for NH projects in Telangana

New Indian Express  

HYDERABAD: The Union government has allocated Rs 5,688.33 crore for ongoing and new National Highway projects in Telangana for the fiscal year 2025-26. According to the Ministry of Road Transport and Highways’ Demands for Grants, Rs 4,158.33 crore has been earmarked for ongoing projects and sanctioned works costing above Rs 5 crore. Currently, the Centre is executing various NH projects …

Telangana Budget session to begin from March 12
1 week, 6 days ago

Telangana Budget session to begin from March 12

The Hindu  

The budget session of the State Legislature is set to commence from March 12. Governor Jishnu Dev Varma has issued orders summoning the two Houses of the legislature on Friday marking the commencement of the budget session of the legislature. With summoning of the budget session of the legislature, all eyes are now on the total outlay for the financial …

Bommai Slams Karnataka Budget as ‘Anti-People, Lacking Reforms’
Trending News
1 week, 6 days ago

Bommai Slams Karnataka Budget as ‘Anti-People, Lacking Reforms’

Deccan Chronicle  

Haveri: Former Chief Minister and Haveri MP Basavaraj Bommai has slammed the Karnataka state budget presented by Chief Minister Siddaramaiah, calling it disappointing, anti-people, and lacking in economic reforms. In a press statement on Friday, Bommai pointed to a revenue shortfall of Rs 10,000 crore compared to last year’s estimates and a dip in capital expenditure, which he claimed would …

Karnataka budget 2025 presented by CM Siddaramaiah: Outlay crosses ₹4 lakh crore for the first time
Top News
2 weeks ago

Karnataka budget 2025 presented by CM Siddaramaiah: Outlay crosses ₹4 lakh crore for the first time

The Hindu  

Karnataka’s budget outlay has for the first time crossed ₹4 lakh crore. In his 16th budget Chief Minister Siddaramaiah presented on Friday for the fiscal year 2025-26, the total budget outlay has been estimated to be ₹4,09,549 crore. Follow for live updates on Karnataka Budget 2025-26 The budget outlay includes revenue expenditure of ₹3,11,739 crore, capital expenditure of ₹71,336 crore …

Karnataka CM presents Rs 19,000 crore revenue deficit budget with Rs 4.09 lakh crore outlay
2 weeks ago

Karnataka CM presents Rs 19,000 crore revenue deficit budget with Rs 4.09 lakh crore outlay

New Indian Express  

BENGALURU: Chief Minister Siddaramaiah, who also holds the Finance portfolio, presented a Rs 19,262 crore revenue-deficit Karnataka Budget for 2025-26 here on Friday, March 7, with a total outlay pegged at Rs 4,09,549 crore as against the revised estimate of Rs 3,65,865 crore for 2024-25. Though it showed commitment to implement the five guarantees, the allocation saw a stagnation as …

Karnataka CM Siddaramaiah to present his record 16th Budget on Friday
2 weeks ago

Karnataka CM Siddaramaiah to present his record 16th Budget on Friday

The Hindu  

Chief Minister Siddaramaiah will present his record 16th State Budget in the Legislative Assembly on Friday, and it is expected to raise borrowings from both domestic and global agencies to ensure infrastructure development, especially in Bengaluru city. The Budget is likely to highlight the State’s GST contribution to the national economy, recent success of Invest Karnataka 2025, the Karnataka Model …

A step backward for Odisha’s economy
2 weeks, 1 day ago

A step backward for Odisha’s economy

The Hindu  

The Bharatiya Janata Party government in Odisha presented the State Budget for 2025-26 in February, with a total Budget size of ₹2,90,000 crore. However, the BJP government’s fiscal performance over the last nine months has been unimpressive, giving an impression that its economic goals are like pie in the sky without an achievable action plan. Although the current borrowing is …

Revenue ‘just enough’ to pay salaries, loans, and interest, says Andhra Pradesh Finance Minister Payyavula Keshav
2 weeks, 2 days ago

Revenue ‘just enough’ to pay salaries, loans, and interest, says Andhra Pradesh Finance Minister Payyavula Keshav

The Hindu  

Andhra Pradesh Finance Minister Payyavula Keshav on Tuesday informed the Legislative Assembly that the State’s revenues were “just enough to pay salaries, allowances, loans, and interest.” Andhra Pradesh had spent ₹1,54,970 crore on salaries, allowances, loans, and interest during 2024-25. “While Andhra Pradesh spends 90% of its revenues on salaries and allowances, Telangana spends only 30%,” Mr. Keshav said in …

Excise revenue up 14.5% in Andhra Pradesh, says Minister Kollu Ravindra
2 weeks, 2 days ago

Excise revenue up 14.5% in Andhra Pradesh, says Minister Kollu Ravindra

The Hindu  

The Andhra Pradesh government’s revenue from the sale of liquor increased 14.5% in the Financial Year 2024-25, says Minister for Excise Kollu Ravindra. Ambitious target Mr. Ravindra said the department estimated a revenue of about ₹35,000 crore per annum from the sale of around three-crore cases of liquor, which was approximately 10% of the ₹3,22,359-crore State Budget presented in the …

State cannot achieve $1 trillion economy by 2030: PMK’s shadow economic survey
2 weeks, 2 days ago

State cannot achieve $1 trillion economy by 2030: PMK’s shadow economic survey

The Hindu  

Pattali Makkal Katchi published its first shadow economic survey report on Tuesday in which it said Tamil Nadu will not be able to attain $1 trillion economy as the maximum achievable target is estimated at ₹56 lakh crore, given the State’s economic growth. The report further said the tax revenues had also increased and the State government would meet the …

Andhra Pradesh witnesses growth rate of 9.24%
2 weeks, 3 days ago

Andhra Pradesh witnesses growth rate of 9.24%

The Hindu  

Andhra Pradesh witnessed a growth rate of 9.24% at constant prices in 2024-25 compared to 6.18% in 2023-24. ‘“The Per Capita Income for 2024-25 is estimated at ₹2,68,653 higher than the national average of ₹2,00,162 indicating improved living standards for the State’s residents,” the government said in the document. Swarna Andhra Vision 2047 aims to establish Andhra Pradesh as a …

Andhra under severe financial stress, report informs House
2 weeks, 3 days ago

Andhra under severe financial stress, report informs House

Hindustan Times  

Andhra Pradesh has been facing tremendous financial stress due to shrinking of revenue base, bludgeoning expenses, increase in establishment costs, interest payments, welfare commitments and loss of capital city as a major commercial hub, according to the report of AP Socio-Economic Survey for 2024-25 that was tabled in the state legislative assembly on Monday. During 2023-24, the state’s own tax …

Maharashtra Budget 2025: Ajit Pawar’s Strategy to Tackle Debt, Review Schemes, and Spur Growth
Trending News
2 weeks, 3 days ago

Maharashtra Budget 2025: Ajit Pawar’s Strategy to Tackle Debt, Review Schemes, and Spur Growth

The Hindu  

Published : Mar 03, 2025 21:17 IST - 4 MINS READ In the first three days of March, Maharashtra’s financial situation was revealed: It tops the chart in the country’s State numbers for GST collection for February 2025, with Rs.30,637 crore; the State finance minister, Ajit Pawar, sought a supplementary Rs.6,486 crore on March 3. They spent big money: The …

Nitish govt charms women, farmers, youth in pre-poll budget
2 weeks, 3 days ago

Nitish govt charms women, farmers, youth in pre-poll budget

Hindustan Times  

Deputy Chief Minister Samrat Choudhary, who also holds the finance portfolio, presented the last budget of the Nitish Kumar-led NDA government with 13.69% increase compared to the previous budget and a slew of initiatives and announcements on expected lines to reap the political benefits in the election year. Nitish govt charms women, farmers, youth in pre-poll budget Presenting the ₹316,895.02 …

Bihar govt. tables Budget of ₹3.17 lakh crore for the year 2025-26
2 weeks, 3 days ago

Bihar govt. tables Budget of ₹3.17 lakh crore for the year 2025-26

The Hindu  

Ahead of the State elections in October-November this year, the Bihar government on Monday tabled estimated Budget of ₹3,16,895.02 crore in the Assembly for the financial year 2025-26. The Deputy Chief Minister Samrat Choudhary who also holds finance department said that the State government would spend ₹60,954 crores on education, ₹20,335 crores on health, ₹16,193 crores on rural development and …

Andhra Pradesh Budget 2025-26: Experts flag increasing public debt
2 weeks, 5 days ago

Andhra Pradesh Budget 2025-26: Experts flag increasing public debt

The Hindu  

The Budget for Financial Year 2025-26 presented in the Andhra Pradesh Legislative Assembly on Friday showed an “alarming picture of the finances.” Public debt is estimated to increase to ₹1.02 lakh crore in 2025-26, while the total outlay has been put at ₹3,22,359 lakh crore. As per the Budget document, public debt is estimated to touch ₹1.03 lakh crore during …

Andhra govt presents annual budget with outlay of ₹3.22L-cr
Trending News
2 weeks, 6 days ago

Andhra govt presents annual budget with outlay of ₹3.22L-cr

Hindustan Times  

Andhra Pradesh finance minister Payyavula Keshav on Friday presented the state’s annual budget for the financial year 2025-26 in the state legislative assembly with an outlay of ₹3.22 lakh crore. They are Thalliki Vandanam, a revised “Amma Vodi scheme” of the previous YS Jagan Mohan Reddy government providing financial assistance to women for sending their children to schools; and Annadata …

Andhra Pradesh Budget: Welfare assured, growth guaranteed
2 weeks, 6 days ago

Andhra Pradesh Budget: Welfare assured, growth guaranteed

New Indian Express  

VIJAYAWADA: Finance Minister Payyavula Keshav on Friday presented the Andhra Pradesh Budget for 2025-26 in the Legislative Assembly with an outlay of Rs 3,22,359 crore. The revenue expenditure has been estimated at Rs 2,51,162 crore, while the capital expenditure has been shown at Rs 40,635 crore. The revised estimates of revenue expenditure for the financial year 2024-25 are Rs 2,24,342 …

Loan demand remains strong in Telangana, says SLBC report
2 weeks, 6 days ago

Loan demand remains strong in Telangana, says SLBC report

Deccan Chronicle  

Hyderabad: Banks in Telangana have seen deposits growing by Rs 36,915 crore to Rs 8,16,868 crore for the quarter ended December 2024. The credit-to-deposit ratio stood at 129.53 per cent at the end of the quarter, indicating a strong demand for loans, according to a report of the State Level Bankers Committee. During the first three quarters in financial year …

India’s April-Jan fiscal deficit hits ₹11.7 lakh crore, widens to 74.5% of revised FY25 target
Top News
2 weeks, 6 days ago

India’s April-Jan fiscal deficit hits ₹11.7 lakh crore, widens to 74.5% of revised FY25 target

Live Mint  

The Centre's fiscal deficit touched 74.5 per cent of the annual target at the end of January 2025, according to the data released by Controller General of Accounts on Friday. The CGA data showed that the central government's tax revenue was ₹19.03 lakh crore, or 74.4 per cent of the RE of 2024-25. The total expenditure was at ₹35.7 lakh …

Andhra Budget outlay likely to cross Rs 3 lakh crore
3 weeks ago

Andhra Budget outlay likely to cross Rs 3 lakh crore

New Indian Express  

VIJAYAWADA: Finance Minister Payyavula Keshav will present the Andhra Pradesh Budget for 2025-26 in the Assembly on Friday. Though the exact outlay of the budget is not known, going by the statements of Chief Minister N Chandrababu Naidu and other leaders of the ruling coalition, equal emphasis is likely to be laid on welfare and development in allocation of funds. …

UP Budget goes bigger, but fund utilisation remains a challenge
1 month ago

UP Budget goes bigger, but fund utilisation remains a challenge

Hindustan Times  

LUCKNOW Uttar Pradesh government may have increased the allocations for various sectors with the size of the annual budget also going up year after year, but it faces the greater challenge of spending the funds. In 2023-2024, the state government estimated a revenue expenditure of ₹ 5.21 lakh crore, and could use only ₹ 4.29 lakh crore. The government later …

Telangana falls short of revenue target by 8,758.83 per cent
1 month ago

Telangana falls short of revenue target by 8,758.83 per cent

New Indian Express  

HYDERABAD: Ahead of the annual state Budget, Telangana is staring at a massive revenue deficit, with the fund flow falling far short of estimates. By the end of January, the state reported a revenue deficit of Rs 26,050 crore. This revenue deficit of -8,758.83% is much lower than the projected revenue surplus of Rs 297.42 crore. Against estimated revenue receipts …

Gujarat’s debt soars to Rs 3.77 lakh crore, Rs 66,000 burden per citizen
1 month ago

Gujarat’s debt soars to Rs 3.77 lakh crore, Rs 66,000 burden per citizen

New Indian Express  

AHMEDABAD: Gujarat's public debt has surged to Rs 3,77,962 crore in the financial year 2023-24 and is expected to climb to Rs 3,99,633 crore in 2024-25, according to figures presented in the state Legislative Assembly on Friday. With Gujarat's population at six crore, this translates to an estimated debt burden of Rs 66,000 per person. Meanwhile, Gujarat’s central debt burden …

Centre allocated ₹1.08 lakh crore to Telangana in this year’s budget, says Union Minister Bandi Sanjay Kumar
1 month ago

Centre allocated ₹1.08 lakh crore to Telangana in this year’s budget, says Union Minister Bandi Sanjay Kumar

The Hindu  

Union Minister of State for Home Bandi Sanjay Kumar on Thursday claimed that Telangana has been allocated ₹1.08 lakh crore in the form of taxes and schemes in this year’s Union Budget and accused the Congress government of spreading “false propaganda” against the Centre to divert the attention of the people from its own failure to implement the six promised …

Telangana raises ₹8,800 crore till February 18 out of ₹30,000 crore it planned in Q4
1 month ago

Telangana raises ₹8,800 crore till February 18 out of ₹30,000 crore it planned in Q4

The Hindu  

The State government appears to have revised its schedule of raising open market borrowings through the Reserve Bank of India. The State which submitted its intent to raise ₹30,000 crore during the January-March quarter at ₹10,000 crore every month, however is going slow on raising the amounts. The State however raised only ₹8,800 crore so far participating in the auctions …

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