Expenditure

The state, currently under President's rule, has seen an increase of 9 per cent in the total capital outlay to ₹7,773 crore over the current financial year ending March 2025

Government data shows that the share of people averse to the surveys conducted by the NSO more than doubled in five years between the 75th National Sample Survey

Govil spoke about issues ranging from Unified Pension Scheme (UPS) and pay commission to continued thrust on capital expenditure

The Union Budget 2025-26 has allocated Rs 1,024.30 crore for expenses incurred by the Council of Ministers, the Cabinet Secretariat and the Prime Minister's Office, and for hospitality and entertainment of state guests. The allocated amount is a bit more than the Rs 1,021.83 crore earmarked in 2024-25. In the Budget presented by Finance Minister Nirmala Sitharaman in Lok Sabha on Saturday, a total of Rs 619.04 crore has been allotted for the expenses of council of ministers in the coming fiscal. It was Rs 540.95 crore in 2024-25. This allocation is for expenditure on salaries, sumptuary and other allowances and travel by Cabinet ministers, ministers of state, and former prime ministers. It also includes a provision for special extra session flight operations for VVIPs. The National Security Council Secretariat has been allocated Rs 182.75 crore, against Rs 270.08 crore allotted in 2024-25. The provision is for meeting the administrative expenses and space programme of the Nationa

Economic survey says India could attain WHO doctor availability norms of 1:1000 by 2030

Finance Minister Nirmala Sitharaman will present the Union Budget 2025 in the Lok Sabha on February 1

The numbers also reflect a growing divide between rural and urban India when it comes to rents

Experts feel despite government efforts there has been a lag in capex pick up but there is a good case for continued push towards such expenditure

The government aims to bridge the FY25 capex gap, with Rs 11.1 trillion budgeted but only Rs 5.13 trillion spent by November, marking a 12.3 per cent year-on-year decline

West Bengal's fiscal performance in the first half of the 2024-25 fiscal reflects a growing imbalance between revenue and capital expenditure, aligning with broader trends observed across major Indian states, according to rating agency CareEdge. While the state recorded a 13.5-per cent year-on-year increase in revenue expenditure, its capital expenditure grew by only 7.7 per cent, significantly falling short of its budgeted targets, the agency's latest report on state and central finances said. Amit Mitra, principal chief advisor to Chief Minister Mamata Banerjee and the state's finance department, had recently said Bengal's capital spending had increased from Rs 2,226 crore in 2010-11 to a budgeted amount of Rs 35,865.55 crore in 2024-25. "Revenue expenditure of states remained strong in H1 FY25. In aggregate, the top 20 states in our sample utilised 41.5 per cent of their budgeted revenue expenditure in H1 FY25, slightly higher than the 40 per cent utilisation in H1 FY24," the ...

It will help in CPI base revision and updating other macroeconomic indicators, say economists

The decision to hold back on spending comes amid market worries about the government's ability to meet its goal of eliminating the primary deficit.

In the 12 months through May, the personal consumption expenditures price index increased 2.6 per cent after advancing 2.7 per cent in April

IDBI Bank has 'immediate plans to invest in digital solutions, analytics, AI', says CEO

The 2024 Lok Sabha elections are on track to break past records and become the most expensive electoral event in the world, according to a poll expert. The estimated expenditure is expected to reach a staggering Rs 1.35 lakh crore, more than double the Rs 60,000 crore spent in 2019, claimed N Bhaskara Rao, who chairs the Centre for Media Studies (CMS), a not-for-profit organisation, and has been tracking election spending for 35 years. Rao stated that this comprehensive expenditure encompasses all spending, direct or indirect, related to polls, including that by political parties and organisations, candidates, the government, and the Election Commission. With the BJP vying for a third consecutive term under Prime Minister Narendra Modi's leadership, industry observers have noted the party's dominant presence in campaigns, irrespective of the mediums used for publicity. In an interview with PTI, Rao said he revised the initial expenditure estimate from Rs 1.2 lakh crore to Rs 1.35 l

Spending on processed food by the urban elite consumer more than doubled in FY23; it surged more than threefold for middle-income consumers

Both revenue and capital expenditure for the April-January FY2024 period was around 75 per cent

For urban India, the spending on processed food has been more than that on cereals since 2011-12 but the gap has widened in the last 10 years

He says why the Budget numbers are realistic and speaks of the evolving approach of the government towards disinvestment, welfare schemes, and capital expenditure

The army needs a holistic approach to raising more cost-effective personnel and units