Page 5 - State Budgets

Former Union Minister Javdekar calls Kerala's state budget 'anti-people'

Senior Bharatiya Janata Party (BJP) leader and former Union Minister Prakash Javdekar criticized Pinarayi Vijayan-led government for their state budget and termed it an anti-people budget

BJP to protest against Pinarayi govt over State Budget from Monday

Bharatiya Janata Party (BJP) is mulling to corner the Pinarayi Vijayan led-Kerala government by holding a protest from Monday against the state budget for the financial year 2023-2024

Telangana cabinet approves state Budget 2023-24; to be presented on Monday

The Telangana cabinet on Sunday approved the state budget for the fiscal year 2023-24, which is likely to be presented on February 6. According to official sources, the Cabinet met under the chairmanship of Chief Minister K Chandrasekhar Rao at Pragati Bhavan, the official residence of Rao here before he left for BRS party meeting at Nanded in Maharashtra. The Assembly session began on February 3 with Governor Tamilisai Soundararajan's address in a joint session of Legislative Assembly and Council.

Bengal govt might exceed its excise collection target for 2022-23

Going by the trend of the previous financial year of 2021-22, it seems unlikely to economists that the state government will meet the targeted collection of Rs 79,346 crore of state tax revenue

State budgets are spending more, putting in more money for development

Centre's expenditure on non-development categories like salaries, pensions payments has increased

UP claims development, but budget allocations remain unspent: Report

Allocated funds, if not used within a given financial year (when the budget is passed), are not carried over to the next financial year

Kerala Assembly set to begin 33-day-long Budget Session from today

This is the eighth session of this 15th legislative assembly in Kerala and will start from January 23 up till March 30

Budget session of Telangana Legislative Assembly to begin on February 3

The session of both the Assembly and the Council will commence at 12.10 pm on Friday, the Legislature Secretary V Narasimha Charyulu said

Rajasthan CM Ashok Gehlot to present state budget for FY24 on February 8

Rajasthan chief minister Ashok Gehlot will present the state's budget for the financial year 2023-24 on February 8

Haryana CM Khattar asks MLAs to give suggestions for state budget

Haryana Chief Minister Manohar Lal Khattar on Monday urged the legislators to give their suggestions and ideas for the forthcoming state budget. The legislators should share the list of works to be done in their respective areas, along with their suggestions and demands, which can be included in the budget, Khattar said. He was addressing the legislators during the discussion programme held on 'State Finance Management and Budget' organised by the Haryana Vidhan Sabha in Panchkula, according to a release. Vidhan Sabha Speaker Gian Chand Gupta, Deputy Speaker Ranbir Gangwa, Parliamentary Affairs Minister Kanwar Pal and other ministers and MLAs attended the programme. Khattar, who also holds the portfolio of finance ministry, said that while preparing the budget for the last three years, he understood the deep and untouched aspects of it. This year, the chief minister said the budget is being prepared to keep in mind the income and expenditure. Further, Khattar said, "Such training

The process involved in preparing the Union Budget: An explainer

All of this culminates on February 1, when the Cabinet approves the budget, the Finance Minister presents it to the President, then proceeds to Lok Sabha, where she rises at 11 am to begin her speech

Rajasthan CM Ashok Gehlot hints at early Budget for poll-bound state

Rajasthan Chief Minister Ashok Gehlot on Tuesday hinted that next year's state Budget might come earlier than usual. He said the government wanted no delays as parties would go into election mode after the Budget. "Budgets do come in February-March also. If it comes 15 days or a month before then it is a different thing," Gehlot told reporters after chairing a meeting of secretaries here. "But I understand that there will be no delay in it because after this everyone has to face the election," he said. Assembly elections in Rajasthan are due to be held next year. He said both the ruling party and the Opposition wanted the Budget to be presented on time. The Opposition will also get a chance to criticise the government, while the ruling party will talk about its achievements, he said. Gehlot said the next Budget would be dedicated to the youths, adding that instructions had been given to quickly implement the schemes. He also hit out at the Bharatiya Janata Party and said it had

Gehlot hints at continuing as CM, asks public to send suggestions on budget

Even as Ashok Gehlot's fate as the chief minister of Rajasthan hangs in the balance, the veteran Congressman on Saturday asked the people to send suggestions about the next budget directly to him, hinting that he was there to stay. He also declared that he cannot remain away from the people of Rajasthan "till his last breath" and that the Congress government will complete its five years. Gehlot's remarks come days after he announced that he will not contest the Congress presidential polls as he took moral responsibility for the political crisis in his state, and said the decision on whether he would remain the chief minister would be taken by the party chief. The controversy erupted last Sunday after MLAs loyal to him submitted resignation letters over a possible move to appoint Sachin Pilot as the next chief minister and held a meeting parallel to the one convened by the Congress Legislature Party. "I may be on any post. I am from Rajasthan. I belong to Marwar, to Jodhpur, to ...

Rajasthan govt approves financial assistance of Rs 100 crore for MSMEs

This scheme was announced in the state Budget 2022-23 to promote micro, small, and medium enterprises (MSMEs), and give loans on easy terms for small businesses and investors

Delhi govt has started process of preparing its budget for 2023-24

The Delhi government has started the process of preparing its budget for 2023-24 and asked its departments to furnish estimates after a "realistic assessment" to ensure funds are utilised within the given financial year, officials said on Saturday. The Finance Department has initiated the process of preparation of the revised estimates (RE) for 2022-23 and budget estimates (BE) for 2023-24, asking departments to stick to prescribed format in furnishing facts and figures, they said. The departments should formulate estimates based on "realistic assessment of funds required so that situations like actual expenditure being less than original budget estimates do not occur", the Finance Department said in its budget circular issues earlier this month. The departments will ensure that the entire funds projected through budget estimates will be utilised during the financial year, it said. Pointing discrepancies in budget estimation by departments, it said that it has also been noticed tha

Freebies row: Poll promises should be met via budgetary provisions, says FM

Meanwhile, the apex court has asked a three-judge Bench to review a past order on the issue, which said that such handouts are not a corrupt practice

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

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.

Budget dedicated to overall development of Uttar Pradesh: Adityanath

State Finance Minister Suresh Kumar Khanna said the budget would be for the welfare of the people and according to the BJP's 'Sankalp Patra'

Adityanath's budget to focus on BJP's 'Sankalp Patra' poll promises

We are proceeding ahead in accordance with the promises made in the BJP's Sankalp Patra for the 2022 U.P. polls: State finance minister