Tag: Surplus budget
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Baghel Honours Congress’ Poll Promises, Increases Chhattisgarh State Debt by INR 54,000 Crore
Chhattisgarh's debt burden has surged in recent years, as the state government under Bhupesh Baghel takes on loans to fulfill election promises. The debt stands at over $11.6 billion, with interest payments of $63 million per month. Despite the challenges posed by the pandemic, the Baghel government is set to announce a surplus budget soon, driven by its efforts to provide employment opportunities in the state. The state's economic transformation is evident from the growth of sales of vehicles, but opinions on the government's loans remain divided, with some alleging corruption.
Mysuru City Corporation Presents Surplus Budget, Revenue Projected at ₹1,058.01 Crore
Mysuru City Corporation forecasts a revenue surplus budget of ₹1,058.01 crore for the upcoming fiscal year, backed by property tax earnings amounting to ₹171.75 crore. Allocations include tree parks development, lake restoration, mini sports complexes, and pourakarmikas guesthouse. However, opposition from the Congress side has criticized the lowered revenue targets.
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Baghel Honours Congress’ Poll Promises, Increases Chhattisgarh State Debt by INR 54,000 Crore
Chhattisgarh's debt burden has surged in recent years, as the state government under Bhupesh Baghel takes on loans to fulfill election promises. The debt stands at over $11.6 billion, with interest payments of $63 million per month. Despite the challenges posed by the pandemic, the Baghel government is set to announce a surplus budget soon, driven by its efforts to provide employment opportunities in the state. The state's economic transformation is evident from the growth of sales of vehicles, but opinions on the government's loans remain divided, with some alleging corruption.
