Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
Top 11 states to spend Rs 4L cr on social welfare in FY24
The Business Guardian
|August 24, 2023
Social welfare spending by top Indian states is projected to reach a 10-year high of Rs 4 lakh crore, equivalent to 1.7 percent of their combined Gross State Domestic Product (GSDP), in the ongoing fiscal year, according to a report by a domestic rating agency released on Wednesday.
-
Crisil Ratings analysed the budgets of the top 11 states, which collectively account for over three-fourths of the aggregate GSDP. The agency’s report highlighted that the growth in social welfare schemes is anticipated to experience a 16 percent compound annual growth rate (CAGR) between the fiscal years 2017-18 and 2023-24.
During the same period, revenue receipts for these states grew by 11 percent, the report stated.
The report encompassed the budgets of Maharashtra, Gujarat, Karnataka, Tamil Nadu, Uttar Pradesh, Telangana, Rajasthan, West Bengal, Madhya Pradesh, Andhra Pradesh, and Kerala.
Denne historien er fra August 24, 2023-utgaven av The Business Guardian.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The Business Guardian
The Business Guardian
SEEDING START-UPS IN CLASSROOMS: DELHI'S BOLD NEW STEP IN EDUCATION
Delhi has introduced a groundbreaking school curriculum to nurture entrepreneurship from Class 8 onwards, preparing students to become innovators and leaders of tomorrow.
2 mins
September 25, 2025
The Business Guardian
Rs recovers 2 paise against US dollars
The rupee recovered 2 paise from its all-time closing low to settle at 88.71 (provisional) against the US dollar on Wednesday, as steep tariffs and H-1B visa related issues kept the domestic unit under pressure.
1 min
September 25, 2025
The Business Guardian
Report: Positive long-term outlook for Indian markets
Indian equity markets retain a positive long-term outlook, backed by a normal monsoon, sustained policy reforms, government capex, and the financialization of savings -- which continue to underpin India's growth trajectory, according to PL Wealth, the wealth management arm of PL Capital (Prabhudas Lilladher).
1 min
September 25, 2025
The Business Guardian
Pahang – The Heart of Malaysia Strengthens Tourism Ties with India Through Exclusive 2025 Roadshow
Tourism Pahang is set to deepen its engagement with the Indian travel industry through the highly anticipated Pahang Roadshow to India 2025, taking place on 24 September in New Delhi and 26 September in Chennai.
1 min
September 25, 2025
The Business Guardian
Youth loan growth slows to 6%
Growth in loan originations for younger consumers slowed to six per cent in the quarter ended June 2025, down from nine per cent in the same period last year, according to TransUnion CIBIL’s September 2025 Credit Market Report.
1 mins
September 25, 2025
The Business Guardian
Rahul Gandhi urges PM Modi for Comprehensive Punjab flood relief
Congress leader Rahul Gandhi on Monday again urged Prime Minister Narendra Modi to immediately announce a comprehensive relief package for Punjab following devastation caused by floods in the state.
1 mins
September 25, 2025
The Business Guardian
From textiles to trinkets: Journey through Jaipur's walled city
Jaipur, the capital of Rajasthan, is known worldwide as the Pink City for its distinct rosy-hued architecture and regal heritage.
4 mins
September 25, 2025
The Business Guardian
EC must respond to Rahul's vote theft claims: AAP
Aam Aadmi Party (AAP) Delhi President Saurabh Bharadwaj on Tuesday said that the Election Commission of India (ECI) is dutybound to respond to allegations of “vote chori” (vote theft) made by Congress leader Rahul Gandhi.
1 mins
September 25, 2025
The Business Guardian
Cabinet clears 78-day bonus for railway staff
The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved payment of Productivity Linked Bonus (PLB) of 78 days for Rs 1865.68 crore to 10,91,146 railway employees, in recognition of the excellent performance by the railway staff.
2 mins
September 25, 2025
The Business Guardian
Court acquits Sirsa, 9 others in a protest at AIICC case
The Rouse Avenue court in Delhi has acquitted Delhi Minister Manjinder Singh Sirsa, Manjit Singh GK, and other accused in a 12-year-old case linked with the allegations of organising a protest outside the All India Congress Committee (AICC) against former Congress MP Sajjan Kumar.
1 min
September 25, 2025
Translate
Change font size