Page 4 - State Budgets

Maharashtra Budget: 170-km ring road planned for Pune at Rs 26,000 cr

A large number of passenger and goods vehicles from Konkan, Marathwada, north Maharashtra and other parts go through Pune and in order to avoid this, the ring road will be built

No reduction in VAT on fuel, says Gujarat FM on state budget for 2021-22

State estimates GST shortfall of Rs 25,000 cr

Poll-bound states spend heavily this year amid ambitious Budget projections

But their Budget numbers are inclined to be overstated due to substantial revisions in revenues and grants shared by the Centre

Chhattisgarh CM presents budget of Rs 97,106 cr for 2021-22

The state budget is for fiscal year 2022

UP Budget Session begins Thursday, Speaker appeals for smooth proceedings

The Budget Session of the Uttar Pradesh legislature will begin with Governor Anandiben Patel's address

My budget will be about 'Swayampoorna Goa', says CM Pramod Sawant

Goa Chief Minister Pramod Sawant on Monday said he would be presenting the state's budget in the end of March and it would focus on making the state self- reliant.

Kerala Assembly session from Jan 8, state Budget 2021-22 on Jan 15

The state Budget for 2021-22 will be presented in the Assembly on January 15, the Kerala government announced after a Cabinet meeting on Friday. The Budget Session will begin on January 8

Budget Byte: Will the states finally get their full share of tax revenue?

The report of 15th Finance Commission, which will be released along with the Budget, will pave way for tax revenue sharing in coming years

States will need years to recover from 'scissor effect' of Covid: RBI

Phenomenon refers to loss of revenues due to demand slowdown, coupled with higher expenditure associated with pandemic, may push the states to great strife

13 states submit borrowing option to Centre to fund GST shortfall

These 13 states include Bihar, Odisha, Andhra Pradesh, Gujarat, Uttarakhand and Meghalaya

Goa likely to see steepest contraction in economy in 2020-21, shows data

India Ratings and Research expects the gross state domestic product (GSDP) of all states in India to contract in FY21

Fiscal stimulus by FM is mostly credit oriented, says Subhash Chandra Garg

He said that the fiscal stimulus, by its very nature, is additional fiscal burden on the public finances

UP, Karnataka, TN hike duty on liquor as buffer for Covid-19 loss

UP govt also raises tax on petrol and diesel

Covid-19 crisis: States tap liquor, fuel to fill coffers as revenues fall

The Delhi government has already imposed a Covid cess of 70 per cent on liquor and hiked petrol and diesel prices as the state got just Rs 300 crore in April

RBI raises limit on ways and means advances, but states aren't impressed

Ways and means advances (WMAs) are short-term advances the central bank gives to help states tide over temporary mismatches in their cash flow.

States can borrow Rs 3.2 trillion in April-Dec after discussions with RBI

The amount that the states have been given permission to raise through open market borrowings is a little more than Rs 3.2 trillion.

Best of BS Opinion: Italy locks down, branded generics market, and more

From why analysing state Budgets can be a challenging exercise to how the success of fact-checkers lies in the failure of journalism, here's a selection of Business Standard Opinion pieces for the day

States also flout Budget numbers discipline

More attention needs to be focused on state Budgets

Telangana govt slashes FY20 budget citing slowdown impact on state finances

The government has allocated around Rs 9,000 crore for social security pensions

BS analysis: States' own tax revenues show slight increase in tax buoyancy

The own tax revenues of states have risen only marginally from 7% of GSDP in 2011-12 to 7.1% in 2018-19