Kolkata: As West Bengal prepares for its budget presentation for the financial year 2025-26, the state faces significant financial challenges, including mounting debt, revenue constraints, and concerns over expenditure management.
On Wednesday, West Bengal Minister of State for Finance (Independent Charge) Chandrima Bhattacharya will present the state budget in the Assembly, addressing these pressing economic issues.
West Bengal’s Debt Crisis: A Growing Concern
According to data from the state finance department, West Bengal’s total accumulated debt is expected to rise to Rs 6,93,231.66 crore by March 31, 2025. This marks a significant increase from Rs 6,30,783.50 crore as of March 31, 2024.
To put this…
