Expenditure

Beyond the increasing complaints about their falling share of central tax revenues, the experience of southern states holds a lesson for the poorer regions wishing to bridge the gap

PRS Legislative Research says states spend over 60 per cent of revenue on salaries, pensions, and subsidies, limiting room for growth and welfare spending

The last base year revision for these key macro-economic indicators undertaken by MoSPI kicked in from January 2015

Capital expenditure for April 2025 surged by 61 per cent year-on-year to ₹1.6 trillion

The Cabinet Secretariat has also circulated revised timelines for finalisation of these notes

Recent poll suggests that while many Americans support improving government efficiency, there is growing concerns about Elon Musk's leadership of DOGE causing sharp divisions among US voters

With the appointment of four new secretaries, the Finance Ministry has, in recent months, witnessed an unusually high frequency of changes at the top bureaucratic level

Maharashtra Chief Secretary Sujata Saunik has issued a directive to all departments mandating that any new proposals presented to the state cabinet must clearly outline the potential increase in expenditure beyond their allocated budget. The directive, issued on Friday, comes amid signs of the state's financial constraints. It has called for transparency in identifying the potential increases in expenditure for any new proposal, thus holding departments accountable for their financial commitments. The directive stresses that no proposals should be submitted to the cabinet without specifying how much the department's expenditure may exceed its original allocation. To rein in the unnecessary spending, departments have also been instructed to limit unproductive expenditure, consolidate redundant government schemes, and curb free-of-cost services wherever possible, an official said. The directive encourages reducing non-productive spending, merging redundant schemes and focusing on ..

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.