By
Posted on

Big News: Nine Indian states announce their budget for the financial year 2022-23; Tripura announces a scheme for tea workers; Delhi launches a portal for purchasing and registering electric autos; and more.

Industrial Policy & Business Regulations

Andhra Pradesh announces its budget for the financial year (FY) 2022-23. The budget estimates the state’s total receipt and expenditure at $34.17 billion and $34.17 billion, respectively. Source: Times of India; In detail: Andhra Pradesh Budget

Chhattisgarh announces its budget for FY 2022-23. The budget estimates the state’s total receipt and expenditure at $13.87 billion and $13.87 billion, respectively. Source: Indian Express; In detail: Chhattisgarh Budget

Haryana announces its budget for FY 2022-23. The budget estimates the state’s total receipt and expenditure at $18.97 billion and $18.97 billion, respectively. Source: Indian Express; In detail: Haryana Budget

Himachal Pradesh announces its budget for FY 2022-23. The budget estimates the state’s total receipt and expenditure at $7.15 billion and $6.85 billion, respectively. Source: Business Standard; In detail: Himachal Pradesh Budget

Karnataka cabinet approves its Karnataka Fiscal Responsibility (Amendment) Bill, 2022, to allow a revenue deficit and higher fiscal deficit in FY 2022-23. Source: Deccan Herald

Kerala announces its budget for FY 2022-23. The budget estimates the state’s total receipt and expenditure at $23.15 billion and $23.15 billion, respectively. Source: Indian Express; In detail: Budget 2022-23

Madhya Pradesh announces its budget for FY 2022-23. The budget estimates the state’s total receipt and expenditure at $33.22 billion and $33.03 billion, respectively. Source: Business Standard; In detail: Madhya Pradesh Budget

Maharashtra announces its budget for FY 2022-23. The budget estimates the state’s total receipt and expenditure at $66.08 billion and $66.05, respectively. Source: News 18; In detail: Budget 2022-23

Meghalaya announces its budget for FY 2022-23. The budget estimates the state’s total receipt and expenditure at $2.43 billion and $2.52 billion, respectively. Source: The Shillong Times; In detail: Budget Speech

West Bengal announces its budget for FY 2022-23. The budget estimates the state’s total receipt and expenditure at $38.80 billion and $38.80 billion, respectively. Source: The Hindu; In detail: West Bengal Budget

Land Acquisition & Labor Regulations

Tripura cabinet announces its social security scheme for tea garden workers. The scheme aims to provide housing, rations, and financial support to the state’s tea garden workers. Source: Business Standard

Infrastructure & Governance

Nothing critical to report this week

Climate Change

Delhi launches a portal for purchasing and registering electric autos (e-autos). The government is offering a five percent interest subvention on e-autos. Source: Mint; In detail: Delhi Transport Department Twitter

Oil & Gas

Nothing critical to report this week

Water & Sanitation

Nothing critical to report this week

Power & Renewable Energy

Nothing critical to report this week

Health

Nothing critical to report this week

Business Negative Reforms

Nothing critical to report this week

Any Other

The Bhartiya Janata Party (BJP) wins the state assembly elections in Uttar Pradesh. BJP has won 255 of the state’s 403 legislative assembly seats. Source: Business Standard; In detail: Election Commission of India (ECI) results

BJP wins the state assembly elections in Goa. BJP has won 20 of the state’s 40 legislative assembly seats. Source: Business Standard; In detail: ECI results

BJP wins the state assembly elections in Manipur. BJP has won 32 of the state’s 60 legislative assembly seats. Source: Business Standard; In detail: ECI results

BJP wins the state assembly elections in Uttarakhand. BJP has won 47 of the state’s 70 legislative assembly seats. Source: Business Standard; In detail: ECI results

The Aam Aadmi Party (AAP) wins the state assembly elections in Punjab. AAP has won 92 of the state’s 117 legislative assembly seats. Source: Business Standard; In detail: ECI results

Center – State Relations

Union cabinet approves National Land Monetization Corporation as a special purpose vehicle for monetizing surplus and underutilized land and assets. Source: Business Standard; In detail: Press Release

The Ministry of New and Renewable Energy amends tariff-based competitive bidding guidelines for power procurement from grid-connected wind-solar hybrid projects. Source: Economic Times; In detail: Amendment