Revenue Deficit Grant

Himachal CM Highlights Long-Term Economic Impact of Finance Commission Report

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Himachal CM Highlights Long-Term Economic Impact of Finance Commission Report

Shimla, February 9: The Chief Minister of Himachal Pradesh, Sukhu, stated on Sunday that the 16th Finance Commission report will have a long-term impact on the state’s economy, which will be evident in the 2026-27 budget. The Chief Minister made these remarks following a presentation by the finance department regarding the state’s financial status and … Read more

Central Minister Highlights Revenue Deficit Grant for Himachal Pradesh

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Central Minister Highlights Revenue Deficit Grant for Himachal Pradesh

Shimla, February 8: Central Culture and Tourism Minister Gajendra Singh Shekhawat clarified on Sunday that Himachal Pradesh has received significantly more Revenue Deficit Grant (RDG) in recent years compared to previous years. However, he also emphasized the need for states to strengthen their revenue systems and adopt fiscal discipline. He stated that instead of relying … Read more