The Latest Breaking News from Deficit

The implementation of the 7th Pay Commission for State government employees can lead to steep increase in committed expenditure over the next several years and would pose a severe challenge in maintaining fiscal deficit targets of the State in coming years, said Medium Term Fiscal Plan (MTFP) for 2024-2028.

Bengaluru's revenue deficit is expected to persist until 2026-2027 due to increased spending on guarantee schemes and limited resources.

Chief Minister Siddaramaiah's Budget for Karnataka demonstrates a long-term strategy, including welfare measures and innovative steps to mobilize capital.

Karnataka Today newsletter: Siddaramaiah presents revenue-deficit State Budget with outlay of ₹3.71 lakh crore, and more

Karnataka State budget for 2024-25 is ₹3,71,383 crore, with ₹52,000 crore allocated for guarantee schemes and a revenue deficit.

A proposed fiscal commission to fast-track deficit reduction measures, already under attack from the right, also faces a stepped-up assault from the left.

Learn about the consequences of the Senate border bill being spiked and the dire budget deficit faced by ICE due to lack of funding. Thousands of migrants ...

Nebraska Rally to Upset No. 2 Iowa in Women's Basketball Thriller: Cornhuskers storm back from 14-point deficit to secure first win over Hawkeyes in 10 tries.

The Assam government on February 12 presented a ₹2.9 lakh crore Budget for the 2024-2025 financial year with a deficit of ₹774.47 crore and proposed no new tax.

But the Congressional Budget Office projection assumes we will not cut immigration levels, as is likely to happen if Trump returns to power.

The French manufacturer took the decision as long ago as November 2022 to push on with an aggressive revamp of its F1 car for the 2024 season.