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Fiscal Mismanagement Left West Bengal Practically Bankrupt: CM Suvendu Adhikari

The increase will help 82.05 lakh beneficiaries as the state disburses Rs 14,771 crore in enhanced pension payments.

West Bengal faces financial distress due to past mismanagement, according to Chief Minister Suvendu Adhikari. He stated the state requires at least one year to recover from its current financial condition. The government has increased old-age pensions and joined all central schemes for increased fund flow. Waitlists for welfare schemes prepared by the previous government have been cancelled.

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Suvendu Adhikari Bengal Financial Crisis: West Bengal Chief Minister Shubhendu Adhikari has said that Bengal has practically gone bankrupt due to financial mismanagement. His government increased old age pension to 1500 rupees. Target of 18 percent increase in revenue this financial year.

After giving the enhanced old age pension to the beneficiaries, CM Suvendu Adhikari said that Bengal needs at least a year to recover from the economic crisis.

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The Hindu broke the news in Chennai, India on Monday, September 7, 2026.
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