State Budgets

Chhattisgarh passes Rs 1.65 trillion Budget, focuses on welfare, jobs

The Chhattisgarh assembly on Thursday passed the state's budget for the financial year 2025-26. The state government has presented a Rs 1,65,000 crore budget for the fiscal 2025-26, proposing substantial funding for welfare schemes related to women, food security, while allocating Rs 10,000 crore for boosting farm prosperity. The government has been working towards the development of the state, empowerment of women, welfare of farmers and increasing employment opportunities while maintaining financial discipline, finance minister OP Chaudhary said while answering to the discussions on Chhattisgarh Appropriation Bill, 2025. After the discussion, the appropriation bill was passed with a voice vote in the House. "Chhattisgarh is among the top three states in the country in terms of GST growth. There has been a 20 per cent increase in registration fee and a historic increase has also been reported in transport and excise revenue. The Mukhyamantri Mobile Tower Yojana is being introduced

Freebie debate: Growing debt is forcing states to rethink poll promises

Increasing debt burdens are forcing states to reassess poll-time welfare promises, as fiscal constraints make it harder to sustain freebie-driven policies amid growing financial pressures

Telangana GSDP grows at 10%; exceeds Rs 16 trn: Socio Economic Outlook 2025

Telangana's economy witnessed a robust expansion in fiscal 2024-25 with its Gross State Domestic Product (GSDP) at current prices valued at Rs 16.12 lakh crore, reflecting a growth rate of 10 per cent, said Socio Economic Outlook for 2025. Its per capita income for 2024-25 at current prices is estimated at Rs 3.79 lakh, growing at 9.6 per cent and indicating an overall improvement in living standards, employment opportunities and economic development, said the Economic Outlook on Wednesday. "The state's economy has witnessed robust expansion, particularly in the IT sector, driven by strategic budgetary allocations for industry and technology," said the Economic Outlook. According to the Economic Outlook, the primary sector continues to be the largest employer, accounting for 42.7 per cent employment, followed by secondary sector (22.5 per cent) and tertiary sector (34.8 per cent). Further, it noted that the southern state recorded the highest share of its own tax revenue (SOTR), ..

TN Budget: Fiscal deficit at 3% of GSDP in FY26; Hosur to be new GCC hub

Finance minister Thangam Thennarasu said that the state's revenue for the financial year 2025-26 is estimated at Rs 3,31,569 crore, while expenditure is estimated at Rs 3,73,204 crore

Tamil Nadu govt presents Budget 2025-26 in Assembly, AIADMK stages walkout

Tamil Nadu Chief Minister M K Stalin-led DMK regime on Friday presented its Budget 2025-26 in the Assembly, a full-fledged exercise ahead of the state election next year, and made big allocations for its flagship welfare schemes which include the fare-free bus travel scheme for women. Noisy scenes were witnessed in the Assembly as the main opposition AIADMK walked out after attempting to raise alleged graft in state-run liquor corporation TASMAC as the Enforcement Directorate has held searches related to the state-owned company. Presenting the Budget, Finance Minister Thangam Thenarasu said women using fare-free bus services has risen to 65 per cent from 40 per cent. "On an average, 50 lakh women travel daily in the buses run by State Transport Undertakings, leading to a total of 642 crore trips so far. Notably, a study by the State Planning Commission revealed that women save an average of Rs 888 per month due to this initiative. For the year 2025-26, the government has allocated a

Maharashtra Budget 2025: New airport, job generation, road development

Ajit Pawar presented his 11th Maharashtra budget, making him the second-most frequent budget presenter in the state's history

In ChatGPT era, Chhattisgarh FM presents 100-page handwritten Budget

In an age where even court rulings are drafted using AI-powered chatbots, Chhattisgarh's Finance Minister OP Choudhary showcased his personal dedication by presenting a 100-page handwritten budget in Hindi, reflecting his hands-on approach and commitment to the budget preparation process. Choudhary, a former IAS who quit service to join politics as he saw it as a bigger medium to serve the public, literally burnt midnight oil, hardly sleeping for a couple of hours in the days leading to the March 4 presentation of the Budget for the fiscal year starting April 1 in the Chhattisgarh assembly. The rare act that displayed a sense of ownership and dedication to the state's financial planning and goals stood out, especially since most budget documents are typically prepared by a team of officials or typed out on computers. "I was writing my own (Budget) speech and I realised that a handwritten document expresses my feelings, my emotions, my vision, my commitment, and my attachment more. A

Rising welfare costs push states to trim budgets, rethink policies

Rising costs, especially due to women's welfare schemes are straining state finances, forcing governments to cut spending, reassess policies, and even drop some existing schemes

Bihar govt tables Rs 3.17 trn Budget, proposes women-centric schemes

Bihar's Deputy Chief Minister Samrat Choudhary, who holds the finance portfolio, tabled a Rs 3.17 trillion Budget in the Assembly

Rajasthan trade body seeks Budget concessions to support commodity markets

Despite water scarcity, Rajasthan remains a significant contributor to the country's Rabi and Kharif crop production

Rising deficit and debt puts Indian states under fiscal strain: NSE Report

Fiscal consolidation measures such as managing contingent liabilities, improving fiscal transparency, and enhancing the fiscal credibility of SDLs needed to address states' financial challenges

UP govt presents Rs 12,909 cr supplementary Budget for FY25 in Assembly

The Uttar Pradesh government on Tuesday presented a supplementary budget of more than Rs 12,909 crore for the 2024-25 financial year in the assembly. State Finance Minister Suresh Kumar Khanna said the supplementary budget of Rs 12,909.93 crore is 1.66 per cent of the original Budget (of Rs 7.36 lakh crore) presented in February this year. Khanna said the expenditure on revenue account is Rs 4,227.94 crore and the expenditure on capital account is Rs 7,981.99 crore in the supplementary budget. He said a provision of Rs 7,500.18 crore has been made for industrial development, Rs 2,000 crore for energy department, Rs 1,000 crore for purchase of buses by the transport department, Rs 600 crore for Amrit Yojana under the urban development department, Rs 200 crore for short-term programmes under Uttar Pradesh Skill Mission and Rs 100 crore for rural stadium and open gym. A provision of Rs 28.40 crore has been proposed for the establishment of labs in 284 government inter-colleges under t

Cong's poll guarantees, BRS MLAs' defection issues in T'gana Budget session

The implementation of crop loan waiver and other poll 'guarantees' of the Congress government in Telangana, issues of unemployment and BRS MLAs joining the ruling party are likely to figure prominently during the budget session of Assembly beginning July 23. The government would present the budget on July 25. This will be the Congress government's first full budget after assuming power in December last year. It had presented an interim budget in February this year. Amid fanfare, the government launched the crop loan waiver scheme last week which would be implemented in two more phases with a total outlay of about Rs 31,000 crore. While the Congress leaders and activists held celebrations, the opposition BRS and BJP expressed disappointment. The BRS alleged that the loan waiver did not benefit a majority of farmers, while BJP National General Secretary and Union MoS (Home) Bandi Sanjay Kumar said the government has failed to disburse the promised amount of 'Rythu Bharosa' (invest

Rajasthan budget: Rs 15k cr for tap water, greenfield expressways. Updates

Rajasthan Finance Minister Diya Kumari proposed Rs 27,000 crore for the health sector and said that bio pink toilets will be built for women

Efforts on to raise MP's budget to Rs 7 trillion in 5 years: CM Yadav

Madhya Pradesh Chief Minister Mohan Yadav has said that efforts are being made to take the state's annual budget to Rs 7 lakh crore in the next five years. The state government on July 3 presented its budget for FY 2024-25 with an outlay of Rs 3.65 lakh crore, marking substantial allocations for infrastructure development and initiatives for women and tribals. This time, the state budget is 16 per cent more than last year's budget and is development-oriented, Yadav said at a function of the Central India Chamber of Commerce in Ujjain on Saturday night. "Many important provisions have been made in the budget to take the state forward. Efforts are being made to take the state's annual budget to Rs 7 lakh crore in the next five years," he said. Yadav said the state government's special focus in the budget is on infrastructure to get positive results of development, including in the irrigation sector. The Chambal-Parvati-Kali Sindh river linking project of Rs 35,000 crore will benefit

Kerala paid Rs 26,000 cr in March to various sectors: State FM Balagopal

Kerala Finance Minister K N Balagopal on Saturday said that despite a fiscal pressure, the state government made payments to the tune of Rs 26,000 crore to various sectors in March alone. Talking to the media after visiting the treasury here in the state capital on the last working day of the fiscal year, Balagopal said, "We made payments to the tune of Rs 26,000 crore in this March alone. This is higher than the last fiscal year. We made payments to various sectors at a time when we were facing financial pressure." He said the state government effectively intervened to manage the financial crisis and an interim application on the borrowing limit and other matters are pending before the Supreme Court. Balagopal added that the apex court recently ruled in the state's favour as there was substance in its arguments regarding the financial strangulation. The apex court was hearing a suit filed by the Kerala government that alleged that the Union of India was regulating the state's ...

The state of state budgets

With states expected to push the reforms agenda, a mechanism is needed for assessing their budget data

'Guarantee' of giving Rs 1,000 to women will be fulfilled: Punjab minister

Punjab Finance Minister Harpal Singh Cheema on Wednesday informed the Assembly that the state government will fulfil the "guarantee" of giving Rs 1,000 to women. His statement came after the opposition parties accused the Bhagwant Mann government of not fulfilling the pre-poll promise of giving Rs 1,000 each month to women in the state. Responding to issues raised by the MLAs during a debate on the state budget, Cheema said the state government has fulfilled four out of five "guarantees", including free electricity and the opening of 'aam aadmi clinics'. "We implemented four guarantees out of five within two years. One guarantee related to women is pending. I am saying this with full responsibility in the House that this guarantee will also be fulfilled," the state finance minister told the House. Taking on the opposition Congress MLAs, Cheema said they were not aware of the fulfilment of these four "guarantees" as they are related to the common people of the state. Because most o

Delhi govt's budget to be based on 'Ram Rajya' concept, says report

The Delhi government's budget for the 2024-25 financial year, which will be presented in the Assembly on Monday, is likely to be based on the concept of "Ram Rajya", sources said. The sources in the Aam Aadmi Party (AAP) government said on Sunday that the budget is likely to have something for every section of the society in the election year. "This time, the budget is likely to be based on the concept of Ram Rajya. This will be the 10th budget of the AAP dispensation. The budget is likely to have provisions for every section of the society, in accordance with the principles of Ram Rajya, in the election year," a source said. The Lok Sabha polls are likely to be held in April-May. Delhi Chief Minister Arvind Kejriwal has often spoken about the concept of "Ram Rajya". In his Republic Day speech, he had said the AAP government has adopted 10 principles of "Ram Rajya" and is providing quality education, healthcare services, free electricity and water to people and ensuring women's ...

Tripura FM presents Rs 27,804 cr budget focusing on infra, jobs creation

Tripura Finance Minister Pranajit Singha Roy on Friday presented a Rs 27,804.67-crore budget for the 2024-25 fiscal, and asserted that the government is focused on infrastructure building to generate more job opportunities in the northeastern state. Roy said Rs 6,633.80 crore has been earmarked for capital expenditure, while Rs 1721.94 crore was allocated for the agriculture sector. "During 2022-23, the Gross State Domestic Product (GSDP) grew at around 8.89 per cent against 7.20 per cent growth at the national level. The GSDP growth for 2024-25 is estimated to be 8.47 per cent," the minister said. A total of Rs 2,000 crore will be spent for road infrastructure in all the 60 assembly constituencies over the next four years, according to the budget. "The state government will provide Rs 698.68 crore to the Tripura Tribal Areas Autonomous District Council (TTAADC)... Besides, we are setting aside 39.93 per cent of the total development allocation for welfare of indigenous people, he