National News
UP’s total outstanding debt shot up by nearly 39% in five years

The Yogi Adityanath government in Uttar Pradesh has been borrowing so heavily from the market that its total outstanding debt has shot up by almost 39 per cent in five years.
However, spending on education declined while spending on health increased only marginally during this period.
What is even more surprising is the fact that in four out of five years, the state government was unable to spend even the full budgeted amount, leading to a revenue surplus.
The full support given to the Yogi Adityanath government by the Narendra Modi government — the so-called ‘double engine’ advantage — also does not seem to have helped, either in terms of finances or in planning.
According to the latest data available with the Reserve Bank of India, which compiles state government finances, the UP government has outstanding liabilities worth as much as Rs 6.5 lakh crore, as estimated in the state Budget for 2021-22.
This is 38.3 per cent more than the Rs 4.7 lakh crore debt it inherited when it took over in 2017.
The bulk of this debt mountain is owed to financial institutions, such as banks. These are called market borrowings and are taken at hefty rates of interest.
According to sources in the state finance department, a report by the Comptroller and Auditor General (CAG) on UP government’s finances, released last month, pointed out that of the total public debt at the end of 2019-20, Rs 1.99 lakh crore (or 47.7 per cent of the total) would be payable after seven years.
The CAG report referred to earlier made a shocking revelation.
The state government transferred a princely sum of Rs 71,000 crore from a sinking fund illegitimately to its “non-tax revenue” head in its books in March 2020. By rules, this should have been invested elsewhere.
The CAG roundly criticised this brazen violation, recommending that “the transfers out of the fund (Sinking Fund) are not to be treated as Revenue Receipts and the amount equivalent to loan repaid should be transferred from Sinking Fund to Major Head 8680 (Miscellaneous Government Account) on redemption of debt”.
The effect of this ‘creative’ book-keeping was that revenue receipts were boosted in the books only, there was no cash actually transferred. This is what caused the next year’s revenue surplus.
It is a common feature for some states to end the year with huge unspent amounts from their budgetary allocations. Poor and backward states are particularly prone to this aberrant thinking. And UP is no exception.
Under Chief Minister Yogi Adityanath’s leadership, four of the five years have seen a revenue surplus adding up to a huge Rs 1.32 lakh crore.
The figure given for 2021-22 is just estimated, presented in the Budget, and the actual amount may be larger. The deficit would have been even bigger but for the illegitimate transfer of sinking fund money to non-tax revenue accounts.
The year 2020-21 was the first year of the Covid pandemic and some extra spending took place. So, the state government ended up actually spending all of its allocated funds, running a small deficit of Rs 13,161 crore.
Despite borrowing Rs 1.8 lakh crore in five years, the state government has ended its term with an accumulated revenue surplus, i.e., unspent funds of Rs 1.32 lakh crore, which indicates bad planning.
Sources said that spending on two crucial sectors – education and health – was important but as a proportion of total revenue expenditure, the share spent on education declined from about 14.8 per cent in 2017-18 to 12.5 per cent in the budget estimates (BE) for the current financial year.
In 2020-21, when students of the state were struggling to keep up with their studies during the pandemic with schools/colleges and hostels closed and online mode was the dominant way of teaching, the state government saved a lot of money when actually more spending was needed to compensate for academic losses being suffered by the students.
In fact, teachers were not paid salaries, staff were denied wages, and mid-day meals were stopped.
Now, with the crucial Assembly elections looming, the government is busy distributing smartphones and tablets.
Even more disturbing is the minuscule increase in the share of health expenditure in total revenue expenditure — from 5.3 per cent in 2017-18 to 5.9 per cent in 2021-22 (BE) — at a time when the pandemic was at its peak.
Reports based on official data show that the healthcare system in UP remained inadequate to deal with the pandemic. All this would have been avoided if more funds had been allocated and applied by the state government.
National News
2 Teachers Killed, 10 Injured In Van-Truck Collision In Chhattisgarh’s Korba

Korba: Two women teachers were killed and ten other persons injured after a van in which they were travelling collided with a trailer truck in Chhattisgarh’s Korba district on Thursday, police said.
About The Accident
The accident occurred in the morning near Tanakhar village when 11 staffers and two students of Eklavya Model Residential School, run by the tribal development department, in Pondi Uproda village were heading to their institute from Katghora town, a police official said.
As per preliminary information, the van driver attempted to overtake another vehicle and ended up colliding with a truck, coming from the opposite direction.
A total of 12 occupants of the van sustained injuries, he said.
The victims were taken to the Community Health Centre Katghora, from where the seriously injured persons were referred to different hospitals, he said.
Two teachers, identified as Anjana Sharma (30), a resident of Delhi, and Manju Sharma (32) of Haryana, succumbed to their wounds during treatment at a hospital, he said.
The two deceased were staying in rented houses in Katghora.
Five injured persons have been admitted to a hospital in Korba, two in Bilaspur, and three others, who sustained minor injuries, in Katghora, he said.
A case has been registered and a probe is underway, he added.
Maharashtra
Supreme Court Stays Bombay High Court’s Acquittal in 2006 Mumbai Train Blasts Case

New Delhi, July 24, 2025 — The Supreme Court of India has issued a stay on the Bombay High Court’s recent decision to acquit 12 men previously convicted in the 2006 Mumbai suburban train bombings. The apex court, however, clarified that the accused will not need to return to jail while the legal process continues.
The move comes days after the Maharashtra government filed a challenge against the High Court’s ruling, expressing serious concern over the acquittal of all 12 individuals who had been found guilty nearly a decade earlier. The Supreme Court agreed to examine the appeal and put the acquittal order on hold until further notice.
Background of the Case
On July 11, 2006, a series of coordinated bomb blasts targeted local trains on Mumbai’s Western Railway line during evening rush hour. The attacks resulted in the deaths of around 190 people and left over 800 injured. It was one of the deadliest terror strikes in India’s history.
In 2015, a special court convicted 12 men under anti-terror laws, sentencing five to death and the remaining to life imprisonment. However, the Bombay High Court overturned these convictions in July 2025, citing weak and unreliable evidence, inconsistencies in witness testimonies, and procedural lapses in the investigation.
Supreme Court’s Intervention
Responding to the state’s petition, the Supreme Court noted the seriousness of the matter and temporarily suspended the High Court’s decision. The court stated that although the acquittal order is stayed, the accused who had already been released will not be required to surrender at this stage.
Government’s Stand
The Maharashtra government described the High Court’s judgment as deeply concerning, arguing that the earlier trial had followed due process and that crucial evidence—such as confessions and material recovered—was improperly dismissed. The government urged the Supreme Court to uphold the original convictions in the interest of justice for the victims and their families.
What Lies Ahead
The Supreme Court is expected to conduct a detailed review of the High Court’s findings and the prosecution’s evidence. The final verdict could have a significant impact on how terrorism-related cases are investigated and prosecuted in the future, especially with respect to the handling of confessional statements, forensic evidence, and procedural safeguards.
The case continues to be a matter of national attention due to its historical gravity and implications for the justice system. Families of the victims, legal experts, and civil rights advocates are all watching closely as the country’s top court re-evaluates one of India’s most complex terror cases.
Maharashtra
‘Gujarat Portion Of Mumbai-Ahmedabad Bullet Train Project To Be Completed By December 2027’: Railways Minister Ashwini Vaishnaw

New Delhi: The Gujarat portion of the Mumbai-Ahmedabad High Speed Rail (MAHSR) Project between Vapi and Sabarmati is planned to be completed by December 2027, while the entire 508 km project is expected to be completed by December 2029, Railways Minister Ashwini Vaishnaw informed Parliament on Wednesday.
However, the bullet train project is a very complex and technology-intensive and the exact timelines for its completion can only be reasonably ascertained after the completion of all associated works of civil structures, track, electrical, signalling & telecommunication and supply of trainsets, the minister added.
MAHSR is under execution with technical and financial assistance from the Japanese government. The project is passing through Gujarat, Maharashtra, and the Union Territory of Dadra & Nagar Haveli with 12 stations planned at Mumbai, Thane, Virar, Boisar, Vapi, Billimora, Surat, Bharuch, Vadodara, Anand, Ahmedabad, and Sabarmati, the minister said.
A cumulative financial expenditure of Rs 78,839 crore has been incurred on the project till June 30, 2025, he said.
The total estimated cost of the MAHSR project is approximately Rs 1,08,000 crore, out of which Japan International Cooperation Agency (JICA) is funding 81 per cent of the project cost which works out to Rs 88,000 crore while the balance 19 per cent cost amounting to Rs 20,000 crore will be funded through equity contribution from Ministry of Railways (50 per cent) and Maharashtra and Gujarat state governments (25 per cent each).
The delay in land acquisition in Maharashtra impacted the project till 2021. However, currently, the entire land (1389.5 hectares) for the MAHSR project has been acquired. The Final Location Survey and Geotechnical investigation has also been completed, and alignment finalised. All Statutory Clearances relating to wildlife, Coastal Regulation Zone (CRZ) and Forest clearance have been obtained, and all the civil contracts of the project have been awarded, Vaishnaw said.
Till now, 392 km of pier construction, 329 km of girder casting and 308 km of girder launching have been completed. The work on the undersea tunnel (21 km approx.) has also started. In order to expand the high-speed rail (HSR) network in India beyond the MAHSR corridor and to meet the growing passenger demand between major cities of commercial and tourist importance, Detailed Project Reports (DPRs) are being prepared by the National High Speed Rail Corporation Limited (NHSRCL), he added.
HSR projects are highly capital-intensive, and any decision to take up a new project is based on many factors such as technical feasibility, financial & economic viability, traffic demand and availability of funds & financing options. The commercial operation of the MAHSR project involves an affordable fare structure for the services, taking into account the socio-economic conditions of the clientele for optimum patronage of the HSR sectors, the minister added.
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