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Time of India
12-05-2025
- Business
- Time of India
Maha seeks more share of central taxes, revenue deficit grants
Mumbai: The state govt has sought a rise in Maharashtra's share in taxes collected by the Union government from 41% to 50%.In a memorandum to the 16th Finance Commission, the state has also asked for revenue deficit grants citing rising welfare and infrastructure commitments. Tired of too many ads? go ad free now Presenting data since 2021-22, it says, "Maharashtra's budget has been mostly revenue deficit owing to rising revenue expenditures driven by high committed expenditures, rising welfare commitments and revenue receipts growth not able to keep pace with this increase." However, it said revenue deficit was not caused by inadequate revenue effort or excessive expenditure. The revenue deficit has risen from Rs 16,374 crore in 2021-22 to a projected Rs 45,891 crore in 2024-25. Govt has asked the Finance Commission for Rs 1.3 lakh crore in special grants for implementation of the Economic Master plan for MMR, river linking and infrastructure work including the high court complex and eco-tourism projects. Of this, the state has demanded a sum of Rs 50,000 crore for MMR alone. The memorandum to the 16th Finance Commission says services are the primary driver in the state's economic growth with the share of the agricultural and industrial sectors declining. The share of industry in the computation of the state's Gross State Value Added (GSVA) has declined from 35.8% to 24.2% between 2011-12 and 2024-25. Share of agriculture and allied services has fallen from 13.1% to 11.5%. By contrast, share of services has grown from 51.1% to 64.3% in this period. The GSVA measures total value of goods and services produced. The memorandum points out that industrial growth in the state declined from a high of 8.8% to an estimated 4.9% in 2024-25. Growth was mainly affected by the slowdown in manufacturing, utility services and mining and quarrying, the memorandum states. The agricultural growth rate remains volatile because of dependence on the monsoon. "Maharashtra's heavy dependence on the monsoon and cropping pattern favouring water intensive cash crops are a serious concern," the memorandum states. —Priyanka Kakodkar
New York Times
04-03-2025
- Sport
- New York Times
NHL Stanley Cup 2024-25 contender checklist: Western Conference edition
The NHL trade deadline is an in-season opportunity for playoff hopefuls to accent their rosters — not completely reinvent them. What should those teams be in the market for? That's what the Stanley Cup Checklist can help outline. After looking at the Eastern Conference playoff picture, we are shifting West today. Advertisement As a quick review, the Cup Checklist was created by The Athletic's Dom Luszczyszyn in 2020 to find common elements essential to a team's success between a decade of champions. The checklist has an average value for each element — from the 2010 Blackhawks, now updated through the 2024 Panthers — with a range of one standard deviation in each direction. The checklist uses two sets of numbers — a player's actual Game Score Value Added based on this season, and their projected value, which uses three years of data weighed for recency and adjusted for age (read more on GSVA here). All data was collected before the games on March 1, and Western Conference teams with at least 15 percent playoff odds are featured. The Cup Checklist is not the be-all and end-all. It does not account for playing style, coaching or chemistry. The expectation should not be gold checks across the board; even the best teams can't check off every box and fall below average in one area or another. The strongest teams usually make up for those gaps in other ways. There are different ways to build and analyze a contender. The Checklist is just a jumping off point for that analysis. It's a vibe check for the teams in the playoff picture today. GO DEEPER NHL Stanley Cup 2024-25 contender checklist: Eastern Conference edition Stanley Cup Checklist Legend Red X: Falls below the range entirely Gray checkmark: Passable, but below the average champion Black checkmark: Above average relative to the average Cup winner Gold checkmark: Exceeds the range entirely The league-leading Jets have checks across the board this year. Winnipeg is the most complete Western Conference team; the only other team with 12 checks for their 2024-25 values is the Hurricanes. The Jets have hammered out some of last season's weaknesses, which shows on a team-wide and individual level, with numerous players exceeding their projected values. That's true at the top of the lineup with Kyle Connor and Josh Morrissey and with important parts of the supporting cast like Dylan Samberg. Advertisement Still, it's easy to pinpoint their biggest area of need: center depth. Vladislav Namestnikov may be passable as a 2C, but an upgrade would elevate the team's one-two center punch. Ideally, the Jets will find someone proven in the postseason to take on that role since that has been a shortcoming for some, like Nikolaj Ehlers. That conversation has surrounded Connor Hellebuyck as well. He is one of the best goalies in the world, until the postseason. But if 4 Nations is indicative of how he truly handles high-pressure situations, then maybe his playoff struggles are due to his regular-season workload. Player placements are based on role and average time on the ice. In Dallas, this is tricky because Matt Duchene and Wyatt Johnston play a lot more than Roope Hintz and Jason Robertson, despite the latter two being deployed as first-liners. However, the results are similar in terms of checks and balances, no matter how this group is slotted. Questions in Dallas revolve around their injured stars. The timelines for Miro Heiskanen and Tyler Seguin to return aren't clear yet. If Seguin can return and regain his form, the Stars will get a major boost up front. The team already made an addition upfront in Mikael Granlund to deepen the forward group in his absence. On the back end, Thomas Harley has been excellent. But the depth behind him (and Heiskanen when healthy) is a lot more suspect. Cody Ceci's defensive struggles are a concern, but his workload should ease when Heiskanen is back. Still, the team may want to find a bit more help on defense. There is good and bad in Minnesota. The bad is that this roster has legitimate holes, even with injured players still being featured on the checklist. The team is still without its most valuable player, Kirill Kaprizov. And the center position is a lot weaker with Joel Eriksson Ek sidelined. The good is that a lot of players have stepped up. Marco Rossi has emerged as the top-six center this team has been missing. Matt Boldy is the franchise winger this team needs behind Kaprizov. Brock Faber's numbers don't look particularly inspiring, but there is a lot more to his game than a red 'X' — he plays heavy minutes and has had to shoulder a lot with so many injuries this season. Despite the Wild's playoff standing, the real question is how much the team should invest at the deadline. Low-key moves like adding Gustav Nyquist are fine, but big swings may need to be a bit more forward-thinking for next year. GO DEEPER Wild insider: Bill Guerin on Nyquist trade, Khusnutdinov demotion and trade deadline plan The Golden Knights lineup does not have many holes when at full strength. There are two key injuries right now. Shea Theodore is an elite two-way defenseman, and luckily for the Golden Knights, he is only out week-to-week. So that should keep their defensive depth in great shape for the playoffs. Vegas has worked on building up its center depth around original misfit William Karlsson. His shutdown ability and penalty-killing help round out this roster. His timeline isn't clear yet, but he is skating. As long as he is back for the playoffs, the team should not need to swing for another center. Advertisement Instead, the focus will likely be on a winger. That's the biggest weakness. It's the one area that has suffered as Vegas built up their defensive and center depth. Brandon Saad has been a fine, low-key addition to the top nine, but based on past tendencies, the team will likely hunt for someone who is a bit more impactful. It is easy to point to goaltending as the biggest weakness for the Oilers. Stuart Skinner is not the picture of consistency. Last year, Skinner saved 0.233 goals above expected per 60 minutes of play. This season, his rate has dropped down to 0.98 per 60. The problem is that his consistency isn't just an issue from season to season but game to game. While goaltending should be on the Oilers' radar at the deadline, the most pressing needs are in front of the blue paint. Edmonton's offseason signings seemed like strong fits on paper, but few have lived up to the hype. Vasily Podkolzin is a hard-working winger for the middle six, but Viktor Arvidsson and Jeff Skinner aren't playing at the level this team needs. And that's even more glaring with both Ryan Nugent-Hopkins and Zach Hyman regressing this year. The team could use more support on defense, too. Upgrades around Connor McDavid and Leon Draisaitl should help the Oilers outscore some of their goalie issues. Reinforcements on defense should limit some of the chaos Skinner is expected to calm. The Kings' star power can't compete with a team like the Oilers, who they may be destined to face once again in Round 1. But their strength is in their depth. Between Anze Kopitar, Quinton Byfield and Phillip Danault, the Kings have three centers of similar value who can all handle matchup minutes. Drew Doughty's actual value isn't too concerning right now because it's based on a small sample of regular season play this year, and his projected value provides a bubble of the caliber he can reach. Behind him, Vladislav Gavrikov and Mikey Anderson have stepped up in the top four. Advertisement While the Kings have a solid core of wingers — Adrian Kempe is great, Kevin Fiala has finally gotten back on track, and Alex Laferriere has been a real bright spot — there is room for improvement here. The team should target another top-nine winger to add some pop to this group. Not only would it deepen their approach, but it would likely have a ripple effect on their centers and overall elevate this forward group. Martin Necas' value may not stack up to Mikko Rantanen's over the last three years or this season alone. But that doesn't change what a fit he has been in Colorado. He is a zone-entry machine who not only benefits from playing alongside Nathan MacKinnon but also legitimately complements him. MacKinnon's value can make up a lot of ground, but there is still a hole down the middle of the second line. Casey Mittelstadt hasn't found the form that made him such a strong fit post-deadline last season. Maybe he can turn it around now that he has more support on the wings — Necas, Jonathan Drouin, Artturi Lehkonen, and a healthy Valeri Nichushkin make up a solid top-six winger core. But the team could consider an upgrade at center, or bolster their depth below the top-six. The team already has addressed their blue line with the Ryan Lindgren trade. While his value seriously declined in New York, a change in usage and systems could benefit him in Colorado. The Avs have to bet on that, since their second pair isn't perfect (or completely healthy). GO DEEPER NHL trade grades: Rangers flip pending UFA Lindgren to Avalanche in sensible deal After the Avalanche, the Western Conference playoff picture opens up. The Flames sit in the second wild card seed right now, but only have a 15 percent chance of actually making it. The roster strength has something to do with it. As currently constructed, the Flames do not look like a real playoff contender. But it isn't that worrisome with the long-term plan in mind. Calgary took a step back, moved out a lot of their NHL-caliber talent, and leaned on more up-and-coming players this season. The most noteworthy is back in net; Dustin Wolf should be on many Calder ballots this spring and could even get some recognition behind Connor Hellebuyck in the Vezina conversation. The Flames may not be a true contender, but can operate with those playoff hopes in mind. Maybe the team won't move Rasmus Andersson at the deadline. After selling last year, management can afford to look for a younger NHL-caliber center to help improve their chances now and in the future. Advertisement It has been a really tumultuous year in Vancouver. Elias Pettersson has not been playing at the level a playoff team needs from their first-line center. Conor Garland, who has the highest average ice time of their wingers, is better suited for a middle-six role. Brock Boeser, whose future is uncertain in Vancouver, isn't playing at last year's heights. And Jake DeBrusk has been streaky in his first season with the team. Issues down the middle only amplify those concerns on the wing. There have been a few bright spots, though. Quinn Hughes has been otherworldly again this season, but the team is overly reliant on him to be a game-breaker on a nightly basis. Kevin Lankinen has stepped up since Thatcher Demko's durability has been such an issue. And Filip Chytil has fit in well with the Canucks so far. Of the teams in the wild card race, the Canucks have the best odds. But this roster can only go so far as currently constructed, especially if Hughes is sidelined for any extended period. It could be in their best interest to start reloading for next year. On paper, Utah doesn't quite look playoff-caliber… not yet at least. There has been a lot of progression this season in Utah. Logan Cooley isn't the 1C of a contender's dreams just yet, but is becoming a real top-six threat. Even Barrett Hayton has gotten on track to show he has the chops to play at a high level in the NHL. Clayton Keller and Dylan Guenther are a dangerous one-two punch on the wings, and some blue line additions from last summer have helped solidify this group. After years of collecting future assets in Arizona, Utah is stocked with draft picks and prospects. So this team can make some noise in the trade market — especially if the Canucks end up taking a step back. Even if Utah moves on from pending unrestricted free agents such as Nick Bjugstad, management could still pursue another top-nine center and winger to better their short- and long-term outlook. Ownership's willingness to take big swings could help this team stay in the playoff race, and the team can afford to take that risk even if it falls short. Data via Dom Luszczyszyn, Evolving-Hockey, HockeyViz, HockeyStatCards, All Three Zones and Natural Stat Trick. This story relies on shot-based metrics; here is a primer on these numbers. (Top photo of Nathan MacKinnon, Jonathan Drouin and Martin Necas: Leila Devlin / Getty Images)
