Search result for 'state debt'

Congress accuses the government of eroding states' independence via coercive federalism, citing rising state debt and GST issues.

Kerala's public debt growth has slowed, defying its long-term trend of doubling every five years, according to Finance Minister K N Balagopal. The slowdown is attributed to the central government's...

Tripura presents a tax-free budget of Rs 32,423.44 crore for 2025-26, including 13 new welfare schemes, focusing on job creation and social welfare.

NCAER research highlights the need for collaboration between the central government, RBI and Finance Commission to enforce fiscal discipline in Indian states. The paper suggests debt relief for...

Icra Ratings says Maharashtra's new welfare schemes are unlikely to impact state finances despite concerns over their cost. The agency cites the state's strong fiscal position and limited welfare...

Meghalaya Chief Minister Conrad K Sangma proposed projects worth Rs 1.2 lakh crore to the 16th Finance Commission, highlighting key areas like forest conservation, rural development, and early...

The World Bank warns of high debt distress risk in the Maldives, highlighting years of overspending and urging fiscal reforms to address the nation's financial vulnerabilities.

Tripura presents a Rs 27,804.67 crore budget for 2024-25, focusing on infrastructure development and job creation. The budget allocates Rs 6,633.80 crore for capital expenditure and Rs 1721.94...

States' borrowing cost declined to 7.48% at the latest auction, marking an 18-month low. The lower supply was attributed to the upward revision in tax devolution in the revised estimates for FY24...

State borrowing costs fall for the second consecutive week as lower supplies lead to a dip in weighted average cut-off to 7.65%.

Indian states continue to pay high interest rates on debt, reaching a 2-year high of 7.72% in the latest auction. The spread between state bonds and G-secs also widened. Read more.

Indian states' debt cost has risen to 7.70%, the highest in two years, with a 53 basis point spread due to large supply concerns in the final quarter of FY2024.

Interest rates on state debt climbed to 7.63pc in the latest weekly auction, marking the highest cut-off in the current fiscal year. The spread between state and central bonds widened to 48 bps.

India's bond market saw a surge in outstanding bonds to USD 2.47 trillion in the July-September quarter, driven by government bonds and corporate debt. Learn more about the latest trends in the...

States' debt is expected to stay elevated at 31-32% of their GDP this fiscal due to higher capital outlays and moderate revenue growth. Borrowings are likely to rise by 9% to over Rs 87 lakh crore.