Page 2 - State Budgets

Kerala Assembly set to begin 33-day-long Budget Session from today

This is the eighth session of this 15th legislative assembly in Kerala and will start from January 23 up till March 30

Budget session of Telangana Legislative Assembly to begin on February 3

The session of both the Assembly and the Council will commence at 12.10 pm on Friday, the Legislature Secretary V Narasimha Charyulu said

Rajasthan CM Ashok Gehlot to present state budget for FY24 on February 8

Rajasthan chief minister Ashok Gehlot will present the state's budget for the financial year 2023-24 on February 8

Haryana CM Khattar asks MLAs to give suggestions for state budget

Haryana Chief Minister Manohar Lal Khattar on Monday urged the legislators to give their suggestions and ideas for the forthcoming state budget. The legislators should share the list of works to be done in their respective areas, along with their suggestions and demands, which can be included in the budget, Khattar said. He was addressing the legislators during the discussion programme held on 'State Finance Management and Budget' organised by the Haryana Vidhan Sabha in Panchkula, according to a release. Vidhan Sabha Speaker Gian Chand Gupta, Deputy Speaker Ranbir Gangwa, Parliamentary Affairs Minister Kanwar Pal and other ministers and MLAs attended the programme. Khattar, who also holds the portfolio of finance ministry, said that while preparing the budget for the last three years, he understood the deep and untouched aspects of it. This year, the chief minister said the budget is being prepared to keep in mind the income and expenditure. Further, Khattar said, "Such training

The process involved in preparing the Union Budget: An explainer

All of this culminates on February 1, when the Cabinet approves the budget, the Finance Minister presents it to the President, then proceeds to Lok Sabha, where she rises at 11 am to begin her speech

Rajasthan CM Ashok Gehlot hints at early Budget for poll-bound state

Rajasthan Chief Minister Ashok Gehlot on Tuesday hinted that next year's state Budget might come earlier than usual. He said the government wanted no delays as parties would go into election mode after the Budget. "Budgets do come in February-March also. If it comes 15 days or a month before then it is a different thing," Gehlot told reporters after chairing a meeting of secretaries here. "But I understand that there will be no delay in it because after this everyone has to face the election," he said. Assembly elections in Rajasthan are due to be held next year. He said both the ruling party and the Opposition wanted the Budget to be presented on time. The Opposition will also get a chance to criticise the government, while the ruling party will talk about its achievements, he said. Gehlot said the next Budget would be dedicated to the youths, adding that instructions had been given to quickly implement the schemes. He also hit out at the Bharatiya Janata Party and said it had

Gehlot hints at continuing as CM, asks public to send suggestions on budget

Even as Ashok Gehlot's fate as the chief minister of Rajasthan hangs in the balance, the veteran Congressman on Saturday asked the people to send suggestions about the next budget directly to him, hinting that he was there to stay. He also declared that he cannot remain away from the people of Rajasthan "till his last breath" and that the Congress government will complete its five years. Gehlot's remarks come days after he announced that he will not contest the Congress presidential polls as he took moral responsibility for the political crisis in his state, and said the decision on whether he would remain the chief minister would be taken by the party chief. The controversy erupted last Sunday after MLAs loyal to him submitted resignation letters over a possible move to appoint Sachin Pilot as the next chief minister and held a meeting parallel to the one convened by the Congress Legislature Party. "I may be on any post. I am from Rajasthan. I belong to Marwar, to Jodhpur, to ...

Rajasthan govt approves financial assistance of Rs 100 crore for MSMEs

This scheme was announced in the state Budget 2022-23 to promote micro, small, and medium enterprises (MSMEs), and give loans on easy terms for small businesses and investors

Delhi govt has started process of preparing its budget for 2023-24

The Delhi government has started the process of preparing its budget for 2023-24 and asked its departments to furnish estimates after a "realistic assessment" to ensure funds are utilised within the given financial year, officials said on Saturday. The Finance Department has initiated the process of preparation of the revised estimates (RE) for 2022-23 and budget estimates (BE) for 2023-24, asking departments to stick to prescribed format in furnishing facts and figures, they said. The departments should formulate estimates based on "realistic assessment of funds required so that situations like actual expenditure being less than original budget estimates do not occur", the Finance Department said in its budget circular issues earlier this month. The departments will ensure that the entire funds projected through budget estimates will be utilised during the financial year, it said. Pointing discrepancies in budget estimation by departments, it said that it has also been noticed tha

Freebies row: Poll promises should be met via budgetary provisions, says FM

Meanwhile, the apex court has asked a three-judge Bench to review a past order on the issue, which said that such handouts are not a corrupt practice

Punjab power subsidy at multi-year high, other sops in focus in new budget

Punjab's new budget promises sops that may delay the state's date with fiscal prudence

UP budget to focus on infra, employment, youth and women: State FM

Uttar Pradesh Finance Minister Suresh Khanna on Thursday said that the state's budget for 2022-2023 would focus on infrastructure, employment generation, youth and women.Addressing the media, he said it's the first budget in the second innings of UP state government."We would try to fullfil our promises. The focus of this Budget is on the creation of infrastructure, generation of employment opportunities, youth and women. No new tax has been introduced," said Khanna.He also highlighted that "Our economic situation has been improving even during the pandemic."The first session of the 18th Uttar Pradesh Assembly in Lucknow elected members was held on May 23.Earlier, Chief Minister Yogi Adityanath on Monday had said that Uttar Pradesh budget for 2022-23 will be introduced on May 26.

Budget dedicated to overall development of Uttar Pradesh: Adityanath

State Finance Minister Suresh Kumar Khanna said the budget would be for the welfare of the people and according to the BJP's 'Sankalp Patra'

Adityanath's budget to focus on BJP's 'Sankalp Patra' poll promises

We are proceeding ahead in accordance with the promises made in the BJP's Sankalp Patra for the 2022 U.P. polls: State finance minister

Welfare schemes galore in Rajasthan's budget, but are they sustainable?

Like most other state budgets, Rajasthan's appears to have been crafted with one eye on the polls, while side-stepping on the issue of resources available to finance its programmes

Tamil Nadu Budget aims to cut revenue deficit by Rs 7,000 crore

Rs 2,531 crore for waiver of agricultural loans, Rs 1,000 crore for waiver of jewel loans and Rs 600 crore for waiving self-help group loans has been allotted

Budget: Tamil Nadu to close FY23 with Rs 6.3-trn debt, says state FM

Tamil Nadu is expected to end up with a total debt of Rs 653,348.73 crore by March 31, 2022, Finance Minister Palanivel Thiaga Rajan said on Friday.

Assam FM presents deficit Budget, proposes green tax for old vehicles

Assam Finance Minister Ajanta Neog on Wednesday presented a Rs 2,83,494.64 crore tax-free Budget for FY 2022-23, in which he proposed to levy green tax on the use of old vehicles.

Congress will raise price rise and other issues in Assam assembly

Opposition leader in Assam Assembly Debabrata said that Cong has planned to raise various issues, such as law and order, price rise and border disputes, during budget session, starting on March 14

Boost to IT, industries, infra in Kerala during its first paperless budget

The Left government in Kerala on Friday presented a budget which made huge allocations to information technology, industries and infrastructure.