Tag: state finances
Posted in Economy
Electricity distribution companies continue to remain a burden on state finances: RBI
Electricity distribution companies (DISCOMs) continue to weigh heavily on State finances, stated a report by the Reserve Bank of India (RBI). The report also noted…
Posted in Economy
Grant-in-aid, tax devolution from Centre to States will moderate at 4.5% from 15.3% last fiscal: NSE
New Delhi: State governments across India are expected to face tighter finances in FY25, as grants-in-aid from the Centre are projected to decline by 6.3…
Posted in Economy
Pension Scheme: Reverting to old pension scheme to cost states dear, hit spending
Switching to the old pension scheme would be very costly for states, as rough calculations show the five states that have reverted to the old…
Posted in Economy
Many states to miss capex targets this fiscal: Icra
Mumbai: As many as 23 states are set to miss the budgeted capital spending by around Rs 1 lakh crore this fiscal, according to a…