As govt employees agitate for pending allowances worth crores, Himachal faces mounting debt, limited revenue sources, losses due to rains and limited support from Centre.
Civil servants held press briefing to say West Bengal had no pending utilisation certificates, as flagged by CAG in audit report. CM Mamata Banerjee has also raised issue with PMO.
Capital expenditure of 23 states grew by 52% in April-September 2023 over same period last yr, but discontinuation of GST compensation, tapering of grants could weigh down some states.
States have seen stronger revenues and have been prudent with their expenditure, leading to better deficit ratios. But capex needs to increase & debt needs to reduce.
Displeasure over the practice was expressed during a presentation made by Finance Secretary T.V. Somanathan at national conclave of chief secretaries in Dharamshala last month.
Corporate bonds are priced as a spread over the risk-free rate. In India, the reference risk-free rate is unreliable as large institutions are mandated to buy and hold government bonds.
As per a SEBI report, about 90% of F&O traders lose money because of market illiteracy. More than 75% of loss-makers kept trading even after losing money for two consecutive years.
After lapses exposed by terror attacks at Pahalgam and Delhi's Red Fort, Centre has hiked Intelligence Bureau's expenditure for investments in long-term assets from Rs 257 cr to Rs 2,549 cr.
The key to fighting a war successfully, or even launching it, is a clear objective. That’s an entirely political call. It isn’t emotional or purely military.
The Himachals pay scales are among highiest, in the top 5 states of India. Himachal is generally following Punjab state pay scales which are generally higher than central pay scales ( GOI)
Government employee ratio with state population is probably highest in HP
The Himachals pay scales are among highiest, in the top 5 states of India. Himachal is generally following Punjab state pay scales which are generally higher than central pay scales ( GOI)
Government employee ratio with state population is probably highest in HP