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Telangana's Financial Crisis: How BRS Government's FRBM Act Circumvention Led to Mounting Debt

Discover how the circumvention of the FRBM Act by the BRS government led to mounting debt in Telangana. Learn about the impact on the state's economy and the erosion of transparency and accountability. Gain insights from the Comptroller and Auditor General's report and expert opinions on the consequences of flouting FRBM norms. Uncover the implications of off-budget borrowings and the government's lack of transparency in managing public finances. Explore the challenges posed by the state's debt burden and its impact on socio-economic schemes and projects. Stay informed about the critical issues affecting Telangana's financial stability. ....

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Off-budget borrowing: is it behind us now?

Off-budget borrowings by states rose sharply in 2020-21 and 2021-22. Worried, the Centre cracked down on the habit in March 2022 ....

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TDP MPs Meeting with Union FM Nirmala Sitharaman Proves a Damp Squib

New Delhi: The MPs and village Sarpanches of Telugu Desam Party (TDP) got a raw deal when the party members went to the Union Finance Minister Nirmala Sitharaman here on Thursday to complain about the alleged ‘fiscal indiscipline’ by the Andhra Pradesh government. The Union minister did not allow the TDP members to enter her office and instead she came out and told them ‘Okay, ....

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Budget 2023: This Law Plays A Key Role In Government Expenses

These documents - Macro-Economic Framework Statement and Medium-Term Fiscal Policy cum Fiscal Policy Strategy Statement - are statements under the Fiscal Responsibility and Budget Management (FRBM) Act, 2003. ....

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Winter Session of Telangana Assembly to Take Place in December

Hyderabad: The winter session of Telangana Legislature will be held for a week in December. The Chief Minister K Chandrashekar Rao has asked the state ministers Harish Rao and Prashant Reddy to take steps to convene the upcoming session. “Chief Minister K Chandrasekhar Rao decided to hold legislative sessions for a week in December to inform the people of the state in ....

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