India, July 1 -- Fourteen weeks after the state government presented a Rs.7-lakh-crore budget for FY 2025-26, it has tabled supplementary demands of Rs.57,510 crore-a sum which is about 8.21% of the budget and the second-highest supplementary demand in the history of the state. Terming this a sign of the government's fiscal indiscipline, the opposition and experts said that with further supplementary demands likely to be tabled in December and March, it could cross 15% of the budget and result in an unprecedented rise in the fiscal deficit.
The supplementary demands tabled by finance minister Ajit Pawar on the first day of the monsoon session on Monday will result in a whopping rise in revenue deficit and fiscal deficit. At the time of t...
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