All posts tagged: expenditure

Fiscal stress a reality, focus to stay on capex: Expenditure Secretary | Business News

Fiscal stress a reality, focus to stay on capex: Expenditure Secretary | Business News

Published by Parlour News

3 min readNew DelhiMay 2, 2026 05:28 AM IST Fiscal stress is “very much a reality” and there could be lots of stress points going ahead amid the ongoing West Asia conflict, but the government is focused on spending on priority sectors and capital expenditure, which will continue to be at the budgeted level of Rs 12.2 lakh crore, Expenditure Secretary Vumlunmang Vualnam said on Friday. Stating that the LPG crisis has been a “challenging situation” with India importing about 60% of its requirement, of which 90% comes through Strait of Hormuz that has been impacted by the disturbance, Vualnam said the government has been proactive in tackling these situations. However, there are also “systemic constraints” where one cannot really tackle off or wipe away all the impacts which are there, the Secretary said. For instance, beyond LPG, the cut in excise duties will also have a fiscal impact, he said. “So, the fiscal stress is indeed very much a reality. But at the same time, the priority sectors, for example, the capex could really …

Curb unauthorised expenditure on projects, Railways directs officials

Curb unauthorised expenditure on projects, Railways directs officials

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The Union Government had put various restrictions/limits on the Ministry of Railways for sanctioning estimates in respect of variation, cost etc. File | Photo Credit: The Hindu Expressing serious concern over the increasing instances of unauthorised expenditure running to thousands of crores of rupees, the Indian Railways has called for urgent measures to enforce financial discipline in the system. The Railway Board has directed General Managers of all Zonal Railways, Production Units and others to initiate effective measures to curb the practice of incurring unsanctioned expenses in the execution of projects and subsequently getting the same approved by the competent authority. Pointing out the cases of unauthorised expenditure had increased in the recent past, the note said the Comptroller and Auditor General of India had highlighted the issue in various audit reports and the matter had now been taken up by Public Accounts Committee (PAC) for Review. Practice lacked financial propriety “If expenditure is incurred beyond the sanctioned cost and the estimate is put up for approval on post facto basis, scrutiny of estimate by …

7 high-speed rail corridors; ₹277830 crore for capital expenditure| India News

7 high-speed rail corridors; ₹277830 crore for capital expenditure| India News

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Union finance minister Nirmala Sitharaman on Sunday announced seven high-speed rail corridors and ₹2,77,830 crore to the ministry of railways for capital expenditure in 2026-27″>allocated ₹2,77,830 crore to the ministry of railways for capital expenditure in 2026-27, up from ₹2,52,000 crore in 2025-26. The high-speed rail corridors seek to promote environmentally sustainable passenger systems. (PTI) “…to promote environmentally sustainable passenger systems, we will develop seven high-speed rail corridors between cities as growth connectors… Mumbai to Pune, Pune to Hyderabad, Hyderabad to Bengaluru, Hyderabad to Chennai, Chennai to Bengaluru, Delhi to Varanasi, Varanasi to Siliguri,” she said in her budget speech. She announced a new dedicated freight corridor between Dankuni in West Bengal and Surat in Gujarat to promote environmentally sustainable movement of cargo. Work on one high-speed corridor between Ahmedabad and Mumbai is in progress. Two dedicated freight corridors, Eastern and Western, are operational. Railways minister Ashwini Vaishnaw said that there is a lot of focus on safety. “ ₹1,20,000 crores will be invested in safety. 95% accidents have been reduced, there is more focus …

Many states in difficulty due to freebies, high committed expenditure, says FM Sitharaman | India News

Many states in difficulty due to freebies, high committed expenditure, says FM Sitharaman | India News

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Stating that there is a thin line between investing money in productive assets and giving freebies, Finance Minister Nirmala Sitharaman on Tuesday said many states are “in difficulty” as such giveaways are piling up. Posing questions about states’ finances, she asked if there is no way to rationalise committed expenditure of states, especially if they are beyond affordable limits. “Many states are in difficulty because these are piling up. I am not naming anybody, any state. But there are states which have, and I am afraid to say this, 70 per cent of their revenues going for committed expenditure. When I say committed, it’s salaries, pensions, they have to give it. I am not saying don’t give. But 70 per cent? With 30 per cent, what else will you do? Especially in a growth phase when so much has to be done for keeping the buoyancy of the economy. And what for is this 70 per cent? Do you need that many people? Is there no way in which we can rationalise? Will companies run …

Nirmala Sitharaman hits out at Cong’s Chidambaram over capital expenditure: ‘Flawed comparisons’ | Latest News India

Nirmala Sitharaman hits out at Cong’s Chidambaram over capital expenditure: ‘Flawed comparisons’ | Latest News India

Published by Parlour News

Union Finance Minister Nirmala Sitharaman on Tuesday hit out at Congress MP and former Union minister P Chidambaram over his claims of a “cut” in capital expenditure, calling them “misleading” and based on “flawed comparisons.” She asserted that rather than being reduced, capital expenditure has increased to ₹11.21 lakh crore for the 2025-26 fiscal year. ₹92,682 crore (Capex BE over RE) and ₹90,887 crore (SASCI BE over RE) for FY25. ” title=”Sitharaman was responding to Chidambaram’s social media post, where he stated that the government had cut ₹92,682 crore (Capex BE over RE) and ₹90,887 crore (SASCI BE over RE) for FY25. ” /> ₹92,682 crore (Capex BE over RE) and ₹90,887 crore (SASCI BE over RE) for FY25. ” title=”Sitharaman was responding to Chidambaram’s social media post, where he stated that the government had cut ₹92,682 crore (Capex BE over RE) and ₹90,887 crore (SASCI BE over RE) for FY25. ” />Sitharaman was responding to Chidambaram’s social media post, where he stated that the government had cut ₹92,682 crore (Capex BE over RE) and …

Capital expenditure not cut, rises to Rs 11.21 lakh crore for FY26: Sitharaman

Capital expenditure not cut, rises to Rs 11.21 lakh crore for FY26: Sitharaman

Published by Webster

Finance Minister Nirmala Sitharaman on Tuesday said the capital expenditure has not been cut, but it has gone up to Rs 11.21 lakh crore for 2025-26 fiscal, and there has been proportional increase in loans given to states for capital expenditure for the same year. Replying during the Question Hour in Rajya Sabha, Sitharaman said the capital expenditure was at Rs 11.11 lakh crore in 2024-25. “Actually, (in) the budget this year, it has gone up to Rs 11.21 lakh crore. So, the capital expenditure has not been cut at all,” she said. Loans to states under the scheme for interest-free 50-year special assistance for capital expenditure has gone up proportionately. “So, cutting down the capital expenditure is not the case with us,” she added. Sitharaman was responding to a question by senior Congress leader and former finance minister P Chidambaram. Chidambaram sought to know the reason for reduction in the capital expenditure for FY25 in the revised budget estimate to Rs 10,18,429 crore from Rs 11.11 lakh crore. Similarly, he pointed out that the …

Gender budget allocation Rs 64,008 cr, 8.45% of budget expenditure | Mumbai News

Gender budget allocation Rs 64,008 cr, 8.45% of budget expenditure | Mumbai News

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The allocation for women, girls and third gender has reduced to 8.45 per cent of the total budget expenditure (as per the budget estimates for year 2025-26) from 8.63 per cent (as per the revised estimate for year 2024-25). However, in absolute terms it has increased from Rs 62,947 crore (in revised estimate 2024-25) to Rs 64,008 crore as per budget estimate of 2025-26. According to the gender budget statement presented by Deputy Chief Minister and Finance Minister Ajit Pawar in legislative assembly the total allocation for women in 2025-26 is Rs 64,008 crore. Story continues below this ad The decrease in the number could be attributed to the reduction in the allotment of funds to Rs 36,000 crore for the CM Majhi Ladki Bahin as compared to Rs 46,000 crore in the previous budget. As per the statement for child budget, around 13.28 per cent of the total expenditure has been allocated for children’s schemes which was 12.99 per cent as per the revised estimates of 2024-25. As per the statement the total size …

Karnataka Budget: Siddaramaiah announces Rs 4L crore expenditure

Karnataka Budget: Siddaramaiah announces Rs 4L crore expenditure

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Karnataka Chief Minister Siddaramaiah, presenting his record sixteenth budget on Friday, strongly defended the government’s five guarantee schemes and targeted the Union government for the state’s fiscal challenges. He also emphasised that the budget was “development-oriented”. The total expenditure for the 2025-26 Budget is estimated to be Rs 4,09,549 crore. It includes revenue expenditure of Rs 3,11,739 crore, capital expenditure of Rs 71,336 crore and loan repayment of Rs 26,474 crore. The government has the responsibility to ensure that available resources are accessible to everyone, by balancing economic development with people’s welfare, said the CM, who presented the budget in the Assembly sitting due to knee pain. The administration was shaping Karnataka’s development model through the concept of “Universal Basic Income”, he said. The CM noted that this year’s budget will focus on implementing programmes across six key developmental dimensions: Welfare, Agriculture and Rural Development, Development-Oriented, Urban Development, Job Creation and Governance Reforms. Rs 71,336Capital expnditure amount for 2025-26 This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility …

Telangana renews MoU with CEGIS to improve public expenditure efficiency

Telangana renews MoU with CEGIS to improve public expenditure efficiency

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Telangana Deputy Chief Minister, Bhatti Vikramarka and officials from the State Finance and Planning Departments with representatives of Centre for Effective Governance of Indian States (CEGIS) Foundation, in Hyderabad on Monday (February 17, 2025). | Photo Credit: By Arrangement To strengthen data-driven governance and improve the efficiency of public expenditure in Telangana, Deputy Chief Minister, Bhatti Vikramarka, along with officials from the State Finance and Planning Departments, renewed the Memorandum of Understanding (MOU) with Centre for Effective Governance of Indian States (CEGIS) Foundation for the next five years. This is in continuation of the collaboration that took place between 2019 and 2024. The meeting was held in Hyderabad on Monday (February 17, 2025). CEGIS will provide analytical support in augmenting the State’s revenue. In addition, CEGIS will also assist in analysing efficiency of energy utilities by reducing the average cost of supply,  efficiency of power purchase agreements and efficient energy use for end consumers, as per the press release.  The Foundation, since 2019, has worked alongside the Planning & Finance Departments in Telangana and key …

National Games 2025: Expenditure of Rs 1,000 crore, several new venues, but legacy remains question mark | Sport-others News

National Games 2025: Expenditure of Rs 1,000 crore, several new venues, but legacy remains question mark | Sport-others News

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The overwhelming smell of fresh paint, the rubble from relentless and hurried construction, and the heavy presence of police and security personnel are not enough to dampen the air of expectancy that fills Dehradun’s Rajat Jayanti Khel Parisar on the eve of the opening ceremony of the 2025 National Games. “We had always hoped, as sportspeople, that our state will have proper facilities for us to take advantage of,” Pawani Rawat, a 25m pistol shooter who grew up in Roorkee and now lives in Dehradun, says. “It feels good that we were not wrong (to hope). A full electronic range in my city is big for me.” That shooting range is a new indoor facility built from scratch, alongside other additions in the complex like a new multipurpose hall and a renovated athletics track, as part of the state government’s Rs 1,000 crore infrastructure-building spree to host these Games. And they harbour ambitions as grand as the cost. More than 10,000 athletes across 35 disciplines are expected to arrive in Uttarakhand over 16 days in …