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	<title>Fiscal Year &#8211; News Analysis India</title>
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		<title>US Government Faces Shutdown After Seven Years, Could a New Record be Set?</title>
		<link>https://newsanalysisindia.com/world/us-government-faces-shutdown-after-seven-years-could-a-new-record-be-set/</link>
		
		<dc:creator><![CDATA[News Analysis India]]></dc:creator>
		<pubDate>Wed, 01 Oct 2025 00:00:00 +0000</pubDate>
				<category><![CDATA[World]]></category>
		<category><![CDATA[Appropriations Bill]]></category>
		<category><![CDATA[Congress]]></category>
		<category><![CDATA[Donald Trump]]></category>
		<category><![CDATA[Federal Budget]]></category>
		<category><![CDATA[Fiscal Year]]></category>
		<category><![CDATA[Government Funding]]></category>
		<category><![CDATA[Medicaid]]></category>
		<category><![CDATA[Political Disputes]]></category>
		<category><![CDATA[Shutdown]]></category>
		<category><![CDATA[US government]]></category>
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					<description><![CDATA[The United States is experiencing a federal government shutdown, the first since 2019. The impasse stems from a failure to reach an agreement on a financial bill between US President&#8230;]]></description>
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<p>The United States is experiencing a federal government shutdown, the first since 2019. The impasse stems from a failure to reach an agreement on a financial bill between US President Donald Trump and Congress, potentially leading to the furlough of 900,000 government employees.</p>



<p>While essential services that are critical for public safety and security remain operational during shutdowns, past shutdowns have resulted in the cancellation of immigration hearings and delays in funding for homebuyers and small businesses. The longest previous shutdown lasted 35 days, from December 22, 2018, to January 25, 2019.</p>



<p>The primary cause of the current shutdown is the disagreement over the &#8216;Big Beautiful Bill&#8217; presented by Republicans, which includes Medicaid cuts. Democrats are seeking to reverse these cuts and increase tax credits for health insurance premiums, but Republicans are unwilling to concede.</p>



<p>This situation mirrors the 35-day government shutdown during Trump&#8217;s first term when funding for the US-Mexico border wall was a major point of contention. Today is October 1st, the start of the US fiscal year, during which the government plans its spending and budget. If a new budget is not passed by this date, government operations are halted, triggering a shutdown.</p>



<p>According to House Representative Ami Bera, the shutdown will end when Congress passes a new appropriations bill and the President signs it. A resolution requires compromise between Republicans and Democrats, which appears challenging at present. The Republican party is preparing to vote on the funding bill again in the Senate. Republican leaders have stated that they will continue to present the bill daily until Democrats support it. Trump has placed the blame for the shutdown on the Democrats.</p>
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		<title>CAG Report Presented Amidst Uproar in Jharkhand Assembly</title>
		<link>https://newsanalysisindia.com/india/cag-report-presented-amidst-uproar-in-jharkhand-assembly/</link>
		
		<dc:creator><![CDATA[News Analysis India]]></dc:creator>
		<pubDate>Mon, 25 Aug 2025 00:00:00 +0000</pubDate>
				<category><![CDATA[India]]></category>
		<category><![CDATA[Jharkhand]]></category>
		<category><![CDATA[Assembly]]></category>
		<category><![CDATA[Budget]]></category>
		<category><![CDATA[CAG report]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Fiscal Year]]></category>
		<category><![CDATA[GST Compensation]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Revenue]]></category>
		<category><![CDATA[Uproar]]></category>
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					<description><![CDATA[During the second day of the monsoon session in the Jharkhand Assembly, Finance Minister Radhakrishna Kishore presented the Comptroller and Auditor General (CAG) report. The report highlighted outstanding dues in&#8230;]]></description>
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<p>During the second day of the monsoon session in the Jharkhand Assembly, Finance Minister Radhakrishna Kishore presented the Comptroller and Auditor General (CAG) report. The report highlighted outstanding dues in the state&#8217;s revenue collection, a matter of concern for the government. The report revealed that as of March 31, 2024, outstanding revenue collection totaled ₹84.72 crore, with ₹38.91 crore overdue for more than five years. Within the Excise and Prohibition Department, ₹7.72 crore of the total outstanding amount was held up in courts and other appellate authorities. Revenue receipts during the fiscal year 2023-24 increased by 9.57% compared to the previous year but were 10.58% lower than the budget estimates. Revenue expenditure rose by 14.99%, yet it was ₹7,999.58 crore less than the budget estimates. A revenue surplus of ₹11,252.08 crore was recorded during this period. The state received ₹165.63 crore as Goods and Services Tax (GST) compensation during the fiscal year 2023-24. Amidst the presentation of the supplementary budget by the state government, the House witnessed an uproar. BJP MLAs Satyendra Nath Tiwari and Raj Sinha proposed a cut motion. Raj Sinha demanded a cut of ₹10, which the Speaker of the Assembly disallowed. Consequently, Speaker Rabindra Nath Mahato adjourned the proceedings until 2 PM due to the opposition&#8217;s uproar. Earlier on Monday, the proceedings of the Jharkhand Assembly resumed at 12:30 PM. Upon resumption, opposition members again entered the well of the House and began protesting regarding the encounter of Surya Hansda. Members of the ruling party also joined in.</p>
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