States’ own tax mop-up now contributes more than half in total revenue receipts
Cite this
Citations are auto-generated; verify before publishing. The policy classification is PolicyDhara's, not the source's.
Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.
Summary
CAG K. Sanjay Murthy released the third edition of the Publication on State Finances 2024-25 on Tuesday
Key Facts
Type Policy
Source BusinessLine - Economy
Published Tuesday, 16 June 2026
Affected Population 1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
Rs 15,000 crore for Digital India initiatives
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right