Analysis
States Update: March 10, 2021
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Big News: Eight states, including Gujarat and Madhya Pradesh announce state budgets; Karnataka launches its research and development policy; Meghalaya approves its first health policy; Haryana allow 75 percent reservation in the private sector for locally domiciled candidates; and more.
Industrial Policy & Business Regulations
Gujarat announces its budget for the financial year (FY) 2021-22.The budget estimates the state’s total receipt and expenditure at $30.67 billion and $30.67 billion respectively. The budget allocates an outlay of $4.47 billion for the education sector and $1.54 billion for the health and family welfare department. Source: Mint; In detail: Budget
Madhya Pradesh announces its budget for FY 2021-22. The budget estimates the state’s total receipt and expenditure at $29.6 billion and $29.75 billion, respectively. Source: Business Today; In detail: Budget (In Hindi)
Arunachal Pradesh announces its budget for FY 2021-22. The budget estimates the state’s total receipt and expenditure at $3.09 billion and $3.05 billion, respectively. Source: East Mojo; In detail: Budget Speech
Chhattisgarh announces its budget for FY 2021-22. The budget estimates the state’s total receipt and expenditure at $13.31 billion and $13.309, respectively. Source: Business Standard; In detail: Budget
Himachal Pradesh announces its budget for FY 2021-22. The budget estimates the state’s total receipt and expenditure at $6.87 billion and $6.88 billion, respectively. Source: Free Press Journal; In detail: Budget
Jharkhand announces its budget for FY 2021-22. The budget estimates the state’s total receipt and expenditure at $12.51 billion and $12.51 billion respectively. Source: The Sentinel; In detail: Budget Summary (In Hindi)
Mizoram announces its budget for FY 2021-22. The budget estimates the state’s total receipt and expenditure at $1.52 billion and $1.52 billion respectively. Source: East Mojo; In detail: Budget Speech
Uttarakhand announces its budget for FY 2021-22. The budget estimates the state’s total receipt and expenditure at $7.81 billion and $7.86 billion, respectively. Source: Hindustan Times; In detail: Budget
Karnataka launches its Engineering Research and Development (ER&D) Policy, 2021. The policy offers multiple incentives, including subsidies on property rental and recruitment assistance for multinationals establishing new ER&D centers in the state. Source: Money Control; In detail: Tweet
Arunachal Pradesh assembly passes four bills, including the Arunachal Pradesh Goods and Service Tax (Amendment) Bill that makes amendments to the goods and services tax (GST). The GST bill aims to facilitate a business-friendly environment for investors in the state. Source: Hindustan Times
Land Acquisition & Labor Reforms
Madhya Pradesh remains the top state in the second edition of the National Council of Applied Economic Research’s land record digitization survey. Source: Mint; In detail: Press release
Infrastructure & Governance
Delhi cabinet approves the constitution of a Delhi Board of School Education. About 20-25 schools will be included in the new board during the new academic session 2021-22. Source: Jagran Josh; In detail: Tweet Message
Bengaluru ranks as the most liveable city in in the Million+ category in government of India’s ‘‘Ease of Living Index’’. A total of 111 cities were judged in the index. Source: NDTV; In detail: Press Release
Power & Renewable Energy
Karnataka Renewable Energy Development Limited drafts a renewable energy (RE) policy for the state for 2021-26. The policy aims to strengthen RE markets within the state.
Source: Saur Energy; In detail: Draft Karnataka Renewable Energy Policy 2021-2026
Oil & Gas
Nothing critical to report this week
Water & Sanitation
Nothing critical to report this week
Health
Meghalaya approves its first health policy. The policy aims to address the issues of malnutrition, micronutrient deficiency, stunting, and cognitive development of children. Source: North East Now; In detail: Chief Minister’s Tweet
Business Negative Reforms
Haryana governor approves the bill to allow 75 percent reservation in the private sector for locally domiciled candidates. The reservation is applicable to jobs that offer a salary of less than $675 a month. Source: NDTV; In detail: Press Release
Any Other News
Nothing critical to report this week
Center – State Relations
Nothing critical to report this week