Page 3 - States Budget

Tamil Nadu, India's 2nd-most industrialised state, in favour of debt recast

The states' inflated debt sale schedule alludes to that possibility. They are scheduled to borrow as much as Rs 1.78 trillion ($25 billion) from the market in the April-June quarter

Many states are seeing a steep fall in cost of their debt, finally

Large borrowing states not coming to the market or drawing down less than indicated amounts

Andhra Pradesh govt presents Rs 2.29 trillion budget for FY 2021-22

Andhra Pradesh government presented its annual budget for the financial year 2021-22 with an estimated expenditure of Rs 2.29 trillion and estimated revenue of Rs 1.77 trillion

Fiscal consolidation: States lack the flexibility that the Centre enjoys

While the Centre has an escape clause to deviate from the fiscal consolidation road map by 0.5 percentage point of GDP in times of exigency, states were not given any such escape clause

Delhi govt presents Rs 69,000-crore 'Deshbhakti Budget'; free Covid jabs

The Delhi government presented a Rs 69,000-crore budget themed on "patriotism" for financial year 2021-22

We aim for 'Singapore-level' per capita income by 2047, says Sisodia

Delhi Deputy Chief Minister Manish Sisodia on Tuesday presented a budget worth Rs 69,000 crore for the financial year 2021-22

Gujarat Budget: Rs 32,719 cr allocated to education, Rs 11,323 cr to health

Finance Minister Nitinbhai Patel allotted Rs 13,493 to urban development, Rs 5,494 crore for water resources

Himachal CM Jai Ram Thakur to present budget on March 6: Speaker

Thakur will present Budget for the financial year 2021-22 in the state Assembly on March 6, with COVID-19 protocol in place

Centre releases Rs 6,000 crore loan to states to meet GST shortfall

The Finance Ministry has released the ninth weekly instalment of Rs 6,000 crore to the states to meet the GST compensation shortfall

Robust capital expenditure by states crucial for economic recovery: RBI

The first two quarters of FY21 saw a poor focus on capex from the states' side, data showed

An insight into the steady decline of states' spending from FY17 to FY20

In FY20, the difference between the Budgeted provision and actual amount spent rose to Rs 4 trillion, about 13 per cent of total expenditure of states

Statsguru: Rough terrain for states amid slowing economy hit by Covid-19

In FY20, provisional accounts indicate that states' revenue receipts were 12 per cent lower than the Budgeted amount

Amid Centre-states GST row, a white-knuckle moment for bond markets

Centre-state GST equation to be keenly watched

State finances to take bigger hit than Centre's due to coronavirus lockdown

With economic activities at a standstill, analysts say it may be difficult for states to recoup the losses

Bengal to Rajasthan: It's crunch time for states' finances as economy slows

Outstanding debt of states has risen over the last five years to 25% of GDP, posing medium-term challenges to its sustainability.

State budgets: Less 'crowding out'

Collective borrowing by the Centre and states this year will likely be half of the financial savings of households

States improving on deficits but liabilities continue to rise: RBI data

State budgets have generally kept a farmer-centric theme either announcing a new farm support scheme or enhancing the current level of income support to the farmers