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Freebies help incumbent parties in Maharashtra, Jharkhand polls, but what's next?

The Bharatiya Janata Party-led Mahayuti swept Maharashtra, while the INDIA bloc retained power in Jharkhand — both proving most pollsters wrong about the magnitude of the victories. Both states will see higher fiscal pressure from increased spending on financial assistance for women, with sharp cuts in capital expenditure to keep deficits under control, according to research and investment firm Emkay …

Revenue surplus budget with no proposed taxes for poll-bound Karnataka

Chief minister Basavaraj Bommai on Friday promised comprehensive development and renovation of temples and monasteries and announced ₹425 crore allocation for it as he presented a revenue surplus budget with no proposed taxes months before Karnataka is due to go to the polls this year. “In the next two years, comprehensive development and renovation of temples and mutts will be …

Tamil Nadu Finance Minister Palanivel Thiaga Rajan on Friday presented the State Budget for 2022-23, which focused on fiscal consolidation path, sans any populist measures. In his Budget speech, Mr. Thiaga Rajan said the ruling DMK’s major poll promise of giving ₹1,000 a month to the woman head of the family would be implemented once the financial position improved. GSDP …

In a poll-centric move, Haryana finance minister Capt Abhimanyu announced two new schemes, providing financial and social security cover to families of farmers and workers in the unorganised sector. Presenting the last budget of the incumbent BJP government in the state, Haryana finance minister Capt Abhimanyu said he is providing an outlay of Rs 1,500 crore in the budget for …

TD govt presents poll ticket' budget