The Tamil Nadu government plans to borrow Rs 1,43,197.93 crore next fiscal, as per the Medium Term Fiscal Plan (MTFP) presented by the state's Finance Minister Palanivel Thiaga Rajan along with the FY24 budget.
As per the MTFP, the state government plans to borrow the amount during 2023-24 and make a repayment of Rs 51,331.79 crore.
"As a result, the outstanding debt as on March 31, 2024 will be Rs 7,26,028.83 crore. This constitutes 25.63 per cent of GSDP (gross state do...
Tamil Nadu close FY24 with a debt of Rs 7.26 tn, to borrow Rs 1.43 tn
In the first budget after the election, the Congress government in Himachal Pradesh led by Chief Minister Sukhvinder Sukhu on Friday presented a budget of Rs 53,413 crore for 2023-24 with the focus on tapping renewable energy, strengthening state's mainstay agriculture and horticulture sectors, women's empowerment and, with a promise to create 90,000 jobs.
In the populist but deficit budget, Thakur, who holds the finance portfolio, announced no new taxes. "This is the first-...
Eyeing to develop as 'green state', Himachal budget focuses on rural economy, job creation
Maharashtra will implement a string of measures for the health, financial security of the girl child and women, and others, said Deputy Chief Minister and Finance Minister Devendra Fadnavis tabling the state Budget 2023-2024, here on Thursday.
In the 'Lek Ladki' scheme, a girl born to a family holding yellow or orange ration cards will get grants at birth, in school Std. I, VI and XI, and Rs 75,000 on attaining the age of 18.
Women will be given 50 per cent discount on ST bus ti...
Maharashtra plans big benefits to girl child; focus on health, financial security of women
Maharashtra's Deputy Chief Minister Devendra Fadnavis, who also holds the finance portfolio, presented a Rs 547,450 crore budget for 2023-2024 showing huge fiscal and revenue deficits, here on Thursday.
As per the budget estimates, the state plans to spend Rs 547,450 crore with an estimated revenue receipts of Rs 449,522 crore over a revenue expenditure of Rs 465,645 crore, resulting in a revenue shortfall of Rs 16,211 crore - down from Rs 24,353 crore over 2022-2023.
The state rema...
Maharashtra proposes Rs 547,450 cr budget with huge fiscal, revenue deficits