Page 3 - Budget

Delhi to prudently handle social welfare schemes, capex to widen fisc

The Rekha Gupta government proposed a 32 per cent rise in expenditure to Rs one trillion in FY 26 with the share of capital expenditure expected to rise to 28 per cent from 21 per cent in FY 25 (RE)

Telangana govt unveils Rs 3.05 trn budget with focus on welfare schemes

The Congress government in Telangana on Wednesday presented a budget of nearly Rs 3.05 lakh crore for 2025-26, with major allocations going for the welfare schemes. The budget estimates revenue expenditure of Rs 2,26,982 crore and capital expenditure of Rs 36,504 crore, said Deputy Chief Minister Mallu Bhatti Vikramarka who tabled the financial document in the state Assembly. "For the fiscal year 2025-26, I am proposing a total expenditure of Rs 3,04,965 crore, with revenue expenditure of Rs 2,26,982 crore and capital expenditure of Rs 36,504 crore," he said. The state government has proposed an allocation of Rs 24,439 crore for the Agriculture Department, including towards the Rythu Bharosa Scheme, under which each farmer receives Rs 12,000 per acre annually as investment support and an additional incentive of Rs 500 per quintal for fine variety paddy procured from farmers. Rs 31,605 crore has been earmarked for the Panchayati Raj and Rural Development Department, while Education

Germany's landmark spending package secures parliamentary approval

The controversial legislation pushed by conservative Chancellor-in-waiting Friedrich Merz was approved Tuesday in the lower house of parliament with 512 votes out of a total of 733

Parliament clears Rs 51,463 cr extra spending for FY25, Manipur FY26 budget

Parliament on Tuesday approved the supplementary demands for grants, which entails Rs 51,463 crore additional spending in the current fiscal and the Manipur Budget for 2025-26 with the Rajya Sabha returning four bills to the Lok Sabha. Parliament also approved the Rs 1,291 crore demands for excess grants for 2021-22 fiscal and the Rs 1,861 crore supplementary demands for grants for Manipur in 2024-25. The Lok Sabha had passed the supplementary demands for grants and the Manipur Budget for 2025-26 on March 11. The Rajya Sabha returned The Appropriation Bill, 2025; The Appropriation (No. 2) Bill, 2025; The Manipur Appropriation (Vote on Account) Bill, 2025; and The Manipur Appropriation Bill, 2025, after the reply by Finance Minister Nirmala Sitharaman to a discussion on the four bills. The second batch of supplementary demands for grants entails a gross additional spending sought by the government was over Rs 6.78 lakh crore, of which Rs 6.27 lakh crore would be matched by savings a

Delhi CM holds Budget discussion with farmers, assures them of all help

Chief Minister Rekha Gupta Saturday received feedback from Delhi farmers ahead of the tabling of her government's budget on March 25 and assured them of solving all their problems. In an interaction held at the Delhi Secretariat, the farmers raised their demands for the immediate implementation of a land pooling policy, subsidy on fertilisers and seeds, and saving standing crops from inundation due to overflowing drains during the rainy season. The farmers also informed the chief minister that their diesel-run tractors were seized after those completed 10 years. They demanded that the government allow them to use tractors for farming purposes for up to 20 years. Besides the chief minister, PWD minister Parvesh Verma was also present during the interaction. CM Gupta said that the previous governments "did nothing for farmers and neglected their needs" but the "double-engine" government of the BJP would address their every issue. "Each suggestion received from the farmers will be loo

Ruckus over rupee diverted attention from Rs 1,000 cr kickbacks: Annamalai

Tamil Nadu BJP president K Annamalai on Friday claimed that the "ruckus over the rupee" was "artificially created" by the Tamil Nadu government to divert attention from the Rs 1,000 crore kickbacks identified by the Enforcement Directorate in the state-run liquor corporation, TASMAC. Annamalai made these remarks while attending an event at Jain (Deemed-to-Be) University in Jayanagar, Bengaluru. "BJP walked out of the Assembly todayour four MLAsfor the simple reason that the whole budget is an eyewash. There's nothing productive about it, considering the last four budgets of the Tamil Nadu government," said the BJP state president to PTI Videos. Annamalai said that the Tamil Nadu government is yet to "learn its lesson" from Thursday's fiasco. "We believe that the Assembly should have been prepared, and the CM should have addressed the TASMAC issue today, even during the budget session. The rot runs deep. That is why we walked out," added Annamalai. He also criticised the state ...

Language dispute: Tamil Nadu drops rupee symbol from Budget logo

Chief Minister M K Stalin released the new logo on the X platform in a pre-Budget video

No new schemes in Assam budget, focus on expanding existing ones: CM

Assam Chief Minister Himanta Biswa Sarma on Tuesday said the state budget for 2025-26 has no new announcements, as the government is focused on expansion of existing schemes and ensuring that the benefits percolate to more people. He maintained that the Assam government is pursuing a model of development where physical infrastructure is built along with taking forward culture and heritage. "Some are trying to say that this is an election budget. But, there are no new announcements in it," Sarma said during a discussion on the budget in the assembly. He said the budget focuses on taking forward the existing schemes with some new additions. Some of the new additions in the budget the second BJP-led state government's last full-fledged one before the assembly polls next year relate to the ones about the OTT platform for Assamese content and own satellite, the chief minister said. Assam's budget and capital expenditure have increased manifold over the last 10 years, he asserted, add

FM Sitharaman tables Manipur Budget with total expenditure of Rs 35K cr

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

Centre tables Manipur budget in LS envisaging Rs 35,104 cr expenditure

Finance Minister Nirmala Sitharaman on Monday tabled in the Lok Sabha the Manipur budget for 2025-26, envisaging an expenditure of Rs 35,103.90 crore, up from Rs 32,656.81 crore in the current financial year. Manipur is currently under the President's Rule. The total receipts have been pegged at Rs 35,368.19 crore, up from Rs 32,471.90 crore in 2024-25. According to documents, the capital outlay has been increased by 19 per cent to Rs 7,773 crore over the current financial year ending March 2025. Manipur's budget provides for over Rs 2,000 crore under Special Assistance to States for Capital Investment (SASCI) and Rs 9,520 crore for social sector outlay. For relief and rehabilitation for internally displaced persons, Rs 15 crore has been provided for temporary shelter to them; Rs 35 crore towards housing for displaced people, Rs 100 crore for relief operation, and Rs 7 crore for compensation. A budgetary allocation of Rs 2,866 crore for 2025-26 has been made towards incentives fo

Maharashtra Deputy CM Ajit Pawar to present state budget in Assembly today

Notably, this will be the first budget for the newly-formed Mahayuti government and Pawar's 11th Budget as Finance Minister

'Budget is for people', says Dy CM Eknath Shinde ahead of state budget

Shinde further stated that the Maharashtra government will continue to carry out similar work for the people of the state in the next five years

Building the bonds of Viksit Bharat: A leap towards India's vision

Budget reforms will redefine the financial system by fostering inclusion, competition, and efficiency. Financial institutions will benefit from enhanced market depth and improved liquidity

Will deliver everything that we have promised: Delhi CM Rekha Gupta

She said, "The only government that approved 33 percent reservation is Narendra Modi's government. We will work for the welfare and security of women. We will deliver everything that we have promised"

J-K CM presents Rs 1.12 trn budget with focus on inclusive growth

Chief Minister Omar Abdullah on Friday presented a zero-deficit budget in the Jammu and Kashmir assembly, announcing an outlay of Rs 1.12 lakh crore for 2025-2026 and emphasising multi-sector welfare and development of the Union Territory. Abdullah, who also holds the finance portfolio in the National Conference-led government, presented his maiden budget in the legislative assembly. Jammu and Kashmir, which was accorded the Union Territory status after Ladakh was carved out as a separate UT in 2019 following the abrogation of Article 370, has witnessed its first annual budget since 2018 when the erstwhile PDP-BJP government tabled the then state's document of annual finances. Amid thunderous applause, Abdullah began his speech with a Persian couplet and said, "I stand before you today to present my first budget as Finance Minister, marking the first budget of a collective government in seven years. While it is an honour, I am acutely aware of the weight of responsibility that comes

Delhi govt to present 2025-26 budget between March 24-26: CM Rekha Gupta

Chief Minister Rekha Gupta on Monday said the Delhi government will present the 'Viksit Delhi' budget for 2025-26 in the assembly between March 24 and 26. Addressing a press conference, she said the budget will be prepared after incorporating suggestions from various sections of society. "To make this a people's budget, we will meet representatives from different women's organisations on March 5 on the assembly premises. Additionally, we will hold discussions with stakeholders from the education sector and traders on March 6," the chief minister said. She also shared an email ID and a WhatsApp number where Delhi residents can send their suggestions for the budget. Gupta reiterated that all promises made in the BJP's 'Sankalp Patra' will be fulfilled and that her government is working on a war footing in this direction. Further, Gupta said that only two Comptroller and Auditor General (CAG) reports have been tabled in the assembly so far and they have already exposed multiple ...

Bihar Budget: Tejashwi demands Rs 2,500 monthly cash aid for poor women

A day before the Nitish Kumar government in Bihar is scheduled to present its last budget ahead of the assembly elections this year, RJD leader Tejashwi Yadav on Sunday demanded an increase in social security pensions and cash transfer of Rs 2,500 per month to poor women. Yadav, the leader of the opposition in the assembly, said he expected that the government would announce 200 units of free electricity for all consumers in the state. Deputy Chief Minister Samrat Choudhary, who also holds the finance portfolio, will table the state budget for the financial year 2025-26 in the assembly on Monday. Talking to reporters Yadav alleged, "The NDA government at the Centre as well as in the state are least bothered about the welfare of the people of Bihar." He also claimed that the social security pensions have not been increased by the state government for the last 20 years. The leader of the opposition said, "The amount paid to people above 60 years, widows, and people with disabilities

UP, Gujarat, Odisha continue fiscal consolidation despite populist schemes

Uttar Pradesh, Gujarat, and Odisha budgets maintain revenue surpluses despite welfare schemes, while Rajasthan and West Bengal face high debt, fiscal deficits, and low capital outlay

UP Finance Minister Suresh Khanna presents Rs 8.09 trn Budget for FY26

Uttar Pradesh Finance Minister Suresh Kumar Khanna on Thursday presented the Budget for financial year 2025-26 in the state assembly with an outlay of Rs 8,08,736.06 crore, 9.8 per cent higher than this fiscal's Budget outlay. The total outlay for financial year 2025-26 of Rs 8,08,736.06 crore includes new schemes worth Rs 28,478.34 crore, the state finance minister said while presenting the Budget. The size of the state's Budget for 2024-25 was Rs 7,36,437 crore, which included new schemes worth Rs 24,863.57 crore. For the next fiscal, the state government's Budget has estimated the total receipts at Rs 7,79,242.65 crore, which includes revenue receipts estimated at Rs 6,62,690.93 crore and capital receipts at Rs 1,16,551.72 crore. The share of tax collection in revenue receipts is estimated at Rs 5,50,172.21 crore, which includes the state's own tax revenue of Rs 2,95,000 crore and its share in the central tax pool at Rs 2,55,172.21 crore. The total expenditure is estimated at R

Odisha CM presents Rs 2.90 trn Budget for FY26, focuses on agri, irrigation

Odisha Chief Minister Mohan Charan Majhi on Monday presented a Rs 2.90-lakh crore state budget for the 2025-26 fiscal (FY'26) with a focus on agriculture and irrigation. Noting that around 48 per cent of the state's workforce depends on agriculture and 80 per cent of people live in rural areas, Majhi, who also holds the finance portfolio, said that his government allocated Rs 37,838 crore for the farm and allied sector in the budget. The allocation proposed for the farm sector reflects an increase of nearly 12 per cent, Majhi said while presenting the budget in the assembly. He also said the estimates for the sector include an allocation of Rs 2,020 crore for 'CM Kisan Yojana' and Rs 600 crore for the 'Shree Anna Abhiyan' for the promotion of millets. This was the first full-fledged budget of the BJP government after the party came to power in the state last year. Majhi had presented an interim budget of Rs 2.65 lakh crore for the 2024-25 fiscal in July last year. During his budg