West Bengal's Finance Minister faces budget challenges amid growing state debt concerns.

West Bengal's Minister of State for Finance, Chandrima Bhattacharya, will present the 2025-26 budget amidst growing concerns over state debt, which is projected to reach Rs 6,93,231.66 crore by March 2025. The state faces challenges with limited revenue growth and declining non-tax income, coupled with a high reliance on grants from the central government. This financial strain limits funds available for infrastructure and development.

5 weeks ago
35 Articles