Chandrapur and Yavatmal (Maharashtra): Rekha Madavi, 45, did not know the name of the pesticide her husband, Rushi, 55, had been spraying on their cotton crop. All their pesticide containers had been ...
(An advertisement released by the Congress party on the eve of assembly elections in Maharashtra) Housing. Education. Jobs. These are the three main issues that Maharashtra’s ruling Congress party is focussing on as India’s second-most populous and richest state prepares for elections to a new legislative assembly on October 15. Farmers are also being … Continued
One of India’s biggest challenges is delivering affordable healthcare to its millions, particularly the poor. Many studies and surveys show how a single illness can swing the financial fortunes of a poor household. It gets worse and more frustrating when the diseases are more like epidemics and the system is unable to respond effectively. … Continued ...
Highlights * Pune Municipal Corporation expected to report revenue of Rs 4,100 crore in 2013-14 * Octroi revenue likely to increase 34% to Rs 1,657 crore from Rs 1,235 crore in 2011-12 * Capital and development works to account for 49% of expenditure; down from 58% in 2011-12 Pune city, the second largest in … Continued
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 drought and water shortage across major districts, Budget 2013-14 has made special provisions for drought relief with an allocation of Rs 2,086 crore. The National … Continued
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 information and insight on the structure of these public-private partnerships or the financials that govern them. IndiaSpend’s Prachi Salve filed four rounds of Right … Continued
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 education Brihanmumbai Mahanagarpalika, the richest urban body in India, is likely to see a 26% increase in budget estimates for the current financial year … Continued
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 more than what they earn, hence consistently running deficits on the revenue account, which then have to be financed by loans. The states can … Continued
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 – banks, financial markets and shareholders – can technically put pressure on a firm to course-correct, it’s not the same or as simple with the … Continued
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 taken some serious first steps to improve its balance sheet. For starters, it slapped a 12.5% tax on beedis, something perhaps contemplated earlier but … Continued