The Vishnu Deo Sai government's 2026-27 budget outlined a post-Naxal era vision for Chhattisgarh's tribal-majority belts of Bastar & Surguja. Finance Minister OP Choudhary presented it Tuesday.
The speech reflected growing trend in TDP to position Nara Lokesh as successor to his father & CM Chandrababu Naidu. Deputy CM Pawan Kalyan got lone mention.
Monthly allowance for women, housing for the poor, subsidised gas cylinders, increased pensions, and 2 lakh govt jobs feature in both the Congress and BJP manifestos.
Revenue surplus has been estimated at Rs 1,700 cr. Water resources, women & child development, MSME, cow welfare & happiness departments see major hikes in outlay. No new taxes announced.
For FY25, Bihar's assumption of revenue surplus seems optimistic, while UP's seems doable. In Punjab, main concern is that targeted reduction in fiscal deficit is to come by cutting capex.
In his maiden budget, state finance minister Thangam Thennarasu also announced a housing scheme to make the state 'hut-free' by 2030 & project to reduce water pollution in North Chennai.
Data reveals that states with a lower variance between their estimates and their actual expenditure do better in terms of governance outcomes. Spending less isn't the solution.
Regulator seeks feedback on allowing firms to repurchase shares via exchanges after tax changes, as markets reel from war-led selloff and foreign outflows.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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