[

uday

]
Security personnel check the body temperature of rural development and panchayati raj minister Virender Kanwar before going to attend the monsoon session in Shimla on Monday.(Deepak Sansta / HT)

CAG report: HP fiscal deficit down by 9.2% in 2018-19

By Gaurav Bisht | Hindustan Times/Shimla, Shimla
UPDATED ON SEP 14, 2020 11:56 PM IST
Only 33% of the revenue receipts came from the state’s own resources comprising taxes and non-taxes; central transfers brought in the remaining 67%; state improves vis-a-vis share of capital expenditure to total expenditure
Close
The CCEA decision comes against the backdrop of some discoms being unable to avail the Rs1.25 lakh crore reform-linked loan package for clearing dues.(Abhinav Saha/HT File Photo)
The CCEA decision comes against the backdrop of some discoms being unable to avail the Rs1.25 lakh crore reform-linked loan package for clearing dues.(Abhinav Saha/HT File Photo)

CCEA hikes discom loan limit

By Utpal Bhaskar, Elizabeth Roche and Shreya Nandi | Hindustan Times, New Delhi
UPDATED ON AUG 20, 2020 06:12 AM IST
As part of its stimulus package to bring the economy back on track after the Covid-19 lockdown, the government announced the liquidity injection for discoms as part of the Atmanirbhar Bharat Abhiyan, backed by state governments’ guarantees.
Close
The Union power ministry has highlighted to the 15th Finance Commission the need for a recalibration of borrowing limits for states under the Fiscal Responsibility and Budget Management Act.
The Union power ministry has highlighted to the 15th Finance Commission the need for a recalibration of borrowing limits for states under the Fiscal Responsibility and Budget Management Act.

Govt to ease borrowing cap in relief for discoms

By Utpal Bhaskar | Livemint
UPDATED ON JUL 29, 2020 06:55 AM IST
The draft cabinet note seeks a one-time exemption for discoms from the conditions for accessing working capital under UDAY.Discom dues have hit power producers and contributed to the stress in the banking sector
Close
Reserve Bank of India warns finance panel against populist economic measures(Pradeep Gaur/HTMint)
Reserve Bank of India warns finance panel against populist economic measures(Pradeep Gaur/HTMint)

Populist doles could lead to fiscal slippages: RBI warns Finance Panel

By PTI | Press Trust of India
UPDATED ON MAY 09, 2019 08:50 AM IST
Reserve Bank of India (RBI) has raised concerns that doled out sops to the marginalised sections will stretch the fiscal position of states. RBI has flagged these concerns for a long time fearing the impact of these schemes on inflation rates.
Close
The Bharatiya Janata Party (BJP)-led central government is planning to introduce prepaid electricity recharge cards like in case of mobile phones at the fag end of its tenure from April 2019, says power and renewable energy minister RK Singh.(HT file Photo)
The Bharatiya Janata Party (BJP)-led central government is planning to introduce prepaid electricity recharge cards like in case of mobile phones at the fag end of its tenure from April 2019, says power and renewable energy minister RK Singh.(HT file Photo)

Centre to roll out prepaid metering across India from April, says power and renewable energy minister RK Singh

By Anisha Dutta and Rajeev Jayaswal | Hindustan Times, New Delhi
UPDATED ON DEC 24, 2018 01:51 PM IST
If state governments want to give subsidy, they can give as much as they want. However, whatever subsidy state governments decide to give, they have to give that amount to the DISCOMs.
Close
SHARE
Story Saved