Stay updated with the latest devolution news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on devolution topics.
New Delhi: Uncovering a complex web of financial irregularities, the Shirdi Police have significantly intensified their probe into a controversial four-acre land transaction involving Nashik's self-styled godman Ashok Kharat, uncovering a staggering 132 bank accounts across the Samata and Jagdamba Mata Credit Societies in which he is listed as a beneficiary. A formal inquiry is already underway into 100 of these accounts at the Samata Credit Society, and because these accounts are tied to 57 di ...Read More >
Guwahati, March 31: The Bharatiya Janata Party (BJP), on Tuesday, released its Sankalp Patra for the April-9 Assam Assembly elections, outlining a broad development agenda centred on economic growth, welfare expansion and governance reforms. The manifesto was unveiled at Vajpayee Bhawan in the presence of Union Finance Minister Nirmala Sitharaman, Chief Minister Himanta Biswa Sarma, Union Minister Sarbananda Sonowal and state BJP president Dilip Saikia, among other senior leaders. Addressing t ...Read More >
Guwahati (Assam) [India], March 31 (ANI): Bharatiya Janata Party (BJP) on Tuesday released its 'Sankalp Patra' (manifesto) for the 2026 Assam Assembly elections in Guwahati. Union Ministers Nirmala Sitharaman and Sarbananda Sonowal, Chief Minister Himanta Biswa Sarma, State BKP president Dilip Saikia and others were present at the ceremony. CM Sarma promised a Uniform Civil Code and two lakh jobs in the state. "We will implement UCC in Assam, excluding Sixth Schedule, ST areas. We will take s ...Read More >
New Delhi, Mar 30 (PTI) The central government's fiscal deficit stood at Rs 12.52 lakh crore at the end of February, or 80.4 per cent of the annual budget target for 2025-26 compared to 85.8 per cent in the year-ago period, according to government data released on Monday. The Centre estimates the fiscal deficit (the gap between expenditure and revenue) during 2025-26 at 4.4 per cent of GDP, or Rs 15.58 lakh crore. According to monthly accounts released by the Controller General of Accounts (CG ...Read More >
Shimla (Himachal Pradesh) [India], February 16 (ANI): In a development that underscored the widening rift between Raj Bhavan and the Himachal government, Governor Shiv Pratap Shukla on Monday declined to read the customary full Governor's Address on the opening day of the Budget Session of the HP Assembly. Addressing the House briefly, Governor Shukla said, "I don't think I should read it," while specifically pointing out that the prepared address contained "comments on constitutional instituti ...Read More >
Gandhinagar, Dec 16 (SocialNews.XYZ) Gujarat Chief Minister Bhupendra Patel will distribute cheques worth Rs 2,800 crore in Ahmedabad on December 17, 2025, at 3:00 PM, aimed at the holistic development of the State's Municipal Corporations and Municipalities. Guided by the vision of Prime Minister Narendra Modi, 2025 is being celebrated as the Urban Development Year under the leadership of the Chief Minister. The Rs 2,800 crore grant-in-aid is expected to provide fresh momentum to urban develo ...Read More >
Bengaluru, Oct 20 (PTI) Expressing displeasure over the central government's flood relief allocation to Karnataka, Minister Priyank Kharge on Monday said the BJP ruled states consistently receive more funds, while states not aligned with the NDA or the saffron party are "always short changed". Kharge, who holds the Rural Development and Panchayat Raj portfolio, said the funds released are just not enough, given the huge losses reported by the state. Union Home Minister Amit Shah has approved a ...Read More >
New Delhi: Amid the ongoing festive season, the Union government has released an additional tax devolution of Rs 1,01,603 crore to state governments, the Finance Ministry said on Wednesday. This is an additional amount to the normal monthly devolution, which is scheduled to be released on October 10. According to the ministry, the decision was taken in view festive season to enable states to accelerate capital spending and finance their development and welfare-related expenditure. Uttar Prades ...Read More >
New Delhi: The Centre has released an additional instalment of tax devolution of Rs 1,01,603 crore to state governments ahead of the upcoming festival season. In view of the upcoming festive season and to enable states to accelerate capital spending and finance their development/welfare-related expenditure, the Union government has released an additional tax devolution of Rs 1,01,603 crore to state governments on October 1, 2025, the finance ministry said in a statement on Wednesday. This is i ...Read More >
Chennai-based GrowXCD Finance, which lends to small businesses, has secured around Rs 200 crore in funding. Swiss firm Blue Earth Capital led with Rs 105 crore, and Prosus Ventures added Rs 70 crore. Lok Capital increased its stake with Rs 21 crore, becoming the company's largest shareholder.Swiss impact investment firm Blue Earth Capital and Amsterdam Stock Exchange-listed Prosus Ventures and others have together invested about Rs 200 crore in Chennai-headquartered GrowXCD Finance, a startup le ...Read More >
New Delhi, Sep 30 (PTI) The Centre's fiscal deficit stood at 38.1 per cent of the full-year target at the end of August, according to data released by the Controller General of Accounts (CGA) on Tuesday. The fiscal deficit was 27 per cent of the Budget Estimates (BE) of 2024-25 in the first five months of the previous financial year. In absolute terms, the fiscal deficit, or gap between the government's expenditure and revenue, was Rs 5,98,153 crore in the April-August period of 2025-26. The ...Read More >
Chennai: Union finance minister Nirmala Sitharaman said the number of business enterprises within the tax net as well as the tax collection has increased after introduction of GST.At a meeting in Chennai on recently introduced GST reforms, Nirmala said, "In 2017, when GST was introduced, the tax base was a meagre 65 lakh. But now it has increased to 1.5 crore businesses. Opposition parties criticised GST as Gabbar Singh Tax. If GST was a Gabbar Singh Tax how could so many business enterprises co ...Read More >
Chennai, Aug 19 (PTI) Tamil Nadu Chief Minister M K Stalin on Tuesday hailed Sudershan Reddy, INDIA bloc's vice-presidential candidate, as a champion of civil liberties and social justice. Stalin said Reddy's candidature strengthens the collective resolve to safeguard democracy and protect the spirit of the Constitution at a time when institutions are under strain. Justice B Sudershan Reddy, a retired judge of the Supreme Court who was declared as the INDIA bloc's vice-presidential candidate, ...Read More >
PPP chairman describes 26th Amendment as a historic success that is permanent, not limited to any specific era He described the 26th Amendment as a historic success that is permanent, not limited to any specific era. Regarding the 27th Amendment, Bilawal dismissed it as mere talk and said he has not received any contact from the government on this matter so far. The PPP Chairman demanded the federal government immediately convene an NFC meeting and issue a new NFC Award, stating that while pro ...Read More >
New Delhi/Imphal, Aug 1 (SocialNews.XYZ) The National Investigation Agency (NIA) has made a second consecutive arrest in the 2024 killings in Manipur's Jiribam, central probe agency sources said on Friday. The NIA in a statement said that the national probe agency caught Lalrosang Hmar alias Rosang, a resident of Moinathol Village in southern Assam's Cachar district, from the Mizoram capital Aizawl on Thursday. The arrest came after the arrest of another key accused, Thanglienlal Hmar, by a jo ...Read More >
Dehradun, Aug 1 (PTI) The victory of several young women in the Uttarakhand panchayat polls was hailed as a reflection of an aspirational change at the grassroots, with Chief Minister Pushkar Singh Dhami saying the election results augur well. Dhami on Friday extended his congratulations to several such young people who were elected officer bearers at the panchayat level. "I am happy that a large number of young candidates from ordinary backgrounds have won. I congratulate them all and appeal ...Read More >
MK Stalin with DMK MPs during a key meeting ahead of Parliament session ShowQuick Read Summary is AI-generated, newsroom-reviewed * DMK MPs will raise Tamil Nadu's language, education, and financial rights in Parliament * The party will oppose Hindi and Sanskrit imposition and demand English names for projects * DMK will push for cleaning Tamil Nadu rivers and support Keezhadi archaeological findings Did our AI summary help? Let us know. Chennai: Setting the tone for the upcoming monsoo ...Read More >
Srinagar: The Counter-Intelligence Kashmir (CIK) unit of Jammu and Kashmir Police is conducting searches at ten locations across four districts in the Valley. An official told news agency -- Kashmir News Observer (KNO) that the raids are part of an ongoing investigation into a terror-crime case linked to a terrorist sleeper cell and recruitment module handled by Jaish commander Abdullah Ghazi from across the border. The searches are underway at one location in Pulwama, six in Ganderbal, one in ...Read More >
Medak: Telangana State BJP President N. Ramchander Rao on Friday appealed to the people to give the committed party an opportunity to meet the aspirations of the poor and downtrodden. Addressing a large gathering of party workers in Medak, the BJP chief remarked that citizens have experienced the rule of the BRS and the Congress party and have had bitter experiences with the deceitful practices of both. He urged people to support the BJP wholeheartedly in the upcoming local body elections as a ...Read More >
CHENNAI: In the upcoming parliamentary session, DMK MPs will voice concerns about the alleged use of the Election Commission of India (ECI) in the special intensive electoral roll revision in Bihar for "snatching away" the voting rights of crores of people, thereby attacking the roots of democracy. This was resolved at a party MPs' meeting presided over by Chief Minister M K Stalin at the DMK headquarters on Friday, ahead of the monsoon session of the Parliament. The party MPs will also speak ...Read More >
New Delhi, July 15 (SocialNews.XYZ) Himachal Pradesh Chief Minister Sukhvinder Sukhu on Tuesday met the 16th Finance Commission Chairperson Arvind Panagariya here and sought cooperation for strengthening the financial condition of the state. CM Sukhu said Himachal Pradesh has been following the path of fiscal prudence and is one of the best performing states in the country on various parameters, including Sustainable Development Goals. The Chief Minister urged the commission to support the sta ...Read More >
New Delhi, Jul 15 (PTI) As Tesla announced its foray into the Indian market on Tuesday, Liberty General Insurance and ACKO said they have become insurance partners for the American electric carmaker in India. Liberty General Insurance said it has developed a suite of finely tuned protection plans that complement Tesla's engineering and performance excellence while anticipating the distinct needs of EV users. Also Read | Ganeshotsav 2025: MSRTC To Run 5,000 Special Buses to Konkan From August 2 ...Read More >
New Delhi, July 15 (SocialNews.XYZ) Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Tuesday called on Union Minister for Road Transport and Highways Nitin Gadkari here and apprised him of the massive damages caused by flash floods in the state. CM Sukhu sought support for the repair and reconstruction of damaged roads. He also urged for inclusion of a few roads in the PM Gati Shakti Yojana. He also updated the Union Minister about the delays in National Highway (NH) projects due to v ...Read More >
SHILLONG, July 11: Union Finance Minister Nirmala Sitharaman on Friday highlighted the significant increase in central financial support to Meghalaya over the past decade, particularly in tax devolution. Speaking to the media here, Sitharaman stated that between 2014 and 2024, Meghalaya received Rs 48,883 crore in tax devolution -- a remarkable 572% increase from the Rs 7,273 crore it received during the previous decade (2004-2014). Similarly, grants-in-aid to the state more than doubled, risi ...Read More >
Shillong, Jul 11 (PTI) Union Finance Minister Nirmala Sitharaman on Thursday announced that central financial support to Meghalaya has seen a 231 per cent increase in 10 years, in comparison to the previous decade. Between 2014 and 2024, the state received a total of Rs 89,335 crore in tax devolution and Grants-in-Aid from the Centre, Rs 62,362 crore more than what it received between 2004 and 2014, when the total stood at Rs 26,973 crore, she said here. The UPA, headed by the Congress, was in ...Read More >
Shillong, Jul 8 (PTI) Meghalaya Chief Minister Conrad K Sangma advocated for enhanced financial support to the smaller Northeastern states, citing their unique geographical, economic, and developmental challenges. Sangma took up the issue during his meeting with members of the 16th Finance Commission in New Delhi on Monday. "Our states face distinct issues related to terrain, infrastructure gaps, and limited revenue-generating capacities. We need special financial consideration to address thes ...Read More >
Mumbai: The Adani Group has emerged as the only bidder without conditions in the race to acquire Jaiprakash Associates, submitting a ₹12,600 crore offer under the ongoing insolvency process. The other bidders - Dalmia Bharat, Vedanta, Jindal Power and PNC Infratech-have tied their bids to the resolution of a critical land dispute involving the Gautam Buddh Nagar Sports City project, currently pending before the Supreme Court. Jaiprakash Associates has attracted five bids, with Dalmia Bharat lea ...Read More >
Aizawl (Mizoram) [India], July 8 (ANI): Chief Ministers and representatives from seven Northeastern states held a consultative meeting with members of the 16th Finance Commission in New Delhi. Mizoram Chief Minister Lalduhoma also attended and presented the state's key demands and concerns. The Northeastern states submitted a Joint Memorandum to the 16th Finance Commission outlining their common demands and concerns. Also Read | US Demands Trade Deals or Threatens Tariffs by August 1. The mee ...Read More >
CHENNAI: Kicking off his campaign for the 2026 Assembly polls and seeking to widen his party's footprint in the state, Chief Minister and DMK president MK Stalin on Thursday went door to door in the city as part of their Oraniyil Tamil Nadu campaign, which was launched to enrol minimum 30% voters per booth and reach out to the two crore households in the state in the next 45 days. Stalin set the door-to-door campaign in motion by visiting houses in his Alwarpet neighbourhood. Accompanied by sta ...Read More >
New Delhi, Jun 30 (PTI) The central government's fiscal deficit fell to 0.8 per cent of the full-year target at the end of May, mainly due to a whopping Rs 2.69 lakh crore dividend received from the Reserve Bank of India. The fiscal deficit, or gap between the government's expenditure and revenue, had touched 11.9 per cent of the Budget Estimates (BE) for 2025-26 or Rs 1.86 lakh crore in April. Following the RBI's dividend payout, the Centre's fiscal deficit was reduced to 0.8 per cent of BE o ...Read More >
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