Page 26 - Budget

Centre reins in its debt at 56% for FY22 against 60% pegged in Budget

Government committed to its fiscal deficit targets, says senior civil servant

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

Agnipath scheme: A burgeoning pension bill is the govt's big headache

Pension is growing faster than the salaries of state employees, accounted for a third of revenue expenditure by armed forces in 2013-14 and 2020-21

China budget deficit hits record high amid tax rebates, Covid pain

The drop in revenue just as more spending is needed will force local authorities to either boost their already heavy debt burden or accept weaker economic growth

Pakistan's Punjab gets huge share of 51.74% in budgetary distribution

Sindh's share was 24.55 per cent. 14.62 per cent and 9.09 per cent share would be distributed to Khyber Pakhtunkhwa and Balochistan respectively, The Express Tribune reported.

Two records and a turn

The finance minister's ability to effect a steady rise in capex is more significant than her two records on deficit management

Mann-led AAP govt in Punjab to present its first budget on June 27

Chief Minister's Office said the Cabinet gave the nod for promulgation of the session from June 24 with obituary references and motion of thanks on Governor's Address, followed by a discussion on it

When it comes to making the Budget, India needs to learn from the UK

The setting up of an OBR-like fiscal council has been thwarted by bureaucrats scared of losing turf and being accountable to the evidence

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.

Punjab government to present paperless budget, says CM Bhagwant Mann

Punjab Chief Minister Bhagwant Mann on Wednesday said his government will present a paperless budget which will save Rs 21 lakh of the state exchequer, besides saving 34 tonne of paper.

Railways without a separate budget

Recent neglect of the Indian Railways' finances is worrying and public policy debate on this must be revived

Aam Aadmi Party-led Delhi govt's surplus budget: Need for a closer look

Delhi, being a Union Territory, does not have the same ability as other states to raise debt. Delhi's debt comprises only loans from the central government

Railways eyes 1,700 mn tonnes freight in FY23, 15% beyond Budget estimates

Sharp uptick in freight demand seen mainly from core basket of commodities. Railways to acquire 90,000 wagons over the next three years, will push for track development with respect to DFCs

Biden's budget boosts military, raises taxes on billionaires, companies

Biden's plan also calls for increased spending on community policing, fighting gun crime, and investing in crime prevention, as well as added funding for affordable housing

Delhi govt presents Rs 75,800-cr budget; aims to create 2 mn jobs in 5 yrs

Chief Minister Arvind Kejriwal lauded his deputy for presenting a budget that has "taken care of" every section of the society

Delhi govt presents Rs 75,800 cr budget; aims to create 2 mn jobs in 5 yrs

Delhi Deputy Chief Minister Manish Sisodia on Saturday presented a Rs 75,800 crore budget in the Assembly for the financial year 2022-23.

'Rozgar Budget' will generate employment opportunities for youth: Kejriwal

Delhi Chief Minister Arvind Kejriwal on Saturday said his government's 'Rozgar Budget' will generate employment for the youth on a large scale.

Chhattisgarh Assembly passes FY23 budget focused on farmers, tribals, youth

The Chhattisgarh Assembly on Tuesday passed the budget for the financial year 2022-23.

Tamil Nadu Minister presents Budget, says revenue deficit set to decline

The DMK government in Tamil Nadu presented the Budget for 2022-23 and FM Palanivel Thiaga Rajan said that for the first time since 2014, the revenue deficit is set to decrease by over Rs 7,000 crore.

Odisha Assembly to function for 5 hours every day during budget session

The duration of the Budget Session of the Odisha Assembly starting March 25 will be five hours a day, which will be divided in two phases, Speaker S N Patro said