The Budget for 2013-14 would be the last for the Congress-NCP alliance in Maharashtra before the elections next year. And in a year when the state is facing an acute…
Maharashtra was one of the first states in India to actively involve the private sector in infrastructure projects. But the state has not displayed the same ingenuity in providing…
HIGHLIGHTS * Salary & Pension bill is up Rs 1,820 crore * Octroi collections At Rs 6,900 crore, 35% Of Income * Increase in expenditure on roads, health and…
It’s not exactly breaking news but a closer look at how various Indian states are managing their budgets is insightful. IndiaSpend’s Dhritiman Gupta finds that many Indian states spend…
Debt is not bad. Many firms raise large chunks of it in their growth and expansion phases. Some ease out of it with time. Others struggle. But while the stakeholders…
India’s most industrialised state (some may disagree) presented its State Budget last week. While Maharashtra is the most indebted state in the country at Rs 2,28,590 crore, the state has…
SPR Foundation in an earlier report had highlighted how it was near impossible to get a consolidated view of a state’s finances. A new Comptroller & Auditor General (CAG) report shows how municipal corporations, in addition…