Budgeting for agriculture and food

The Union Budget 2023-24 was presented against the backdrop of some critical geopolitical developments and was the last full budget before the next general elections. Signicantly, 2023 is also the year in which India became the most populated country in the planet and assumed G20 presidency. The Budget served as …

Raise awareness on rural sanitation, States told

Aware that convincing people, particularly in rural India, to build and use toilets in their homes, is a cumbersome task, the Centre has asked the State Governments to rope in various departments like education and health to raise awareness about the importance of sanitation in rural areas. The move aims …

Centre to start ‘toilet campaign’ in schools

A vigorous campaign sensitising school students to trigger behavioural changes in people on the need to use toilets is soon going to be launched by the Centre to end the menace of open defecation in the country. The ministry of drinking water and sanitation took the decision days after finance …

Delhi Budget: Jaitley embarks Rs 2,700 cr for health care sector

Plans to set up centres in each district for victims of sexual assault and a multi-speciality hospital in South Delhi Union Finance Minister Arun Jaitley today earmarked Rs 2,724 crore for health sector in the Budget for Delhi during the current fiscal, including plans to set up centres in each …

Union Budget 2014: A fund to help farmers adapt to climate change

With the Modi government determined to step up growth while simultaneously taking up environmental protection, finance minister Arun Jaitley proposed to set up a 'National Adaptation Fund' for climate change, with an initial amount of Rs 100 crore. The fund will focus on innovative methods of water conservation, use of …

Budget 2014 goes green: FM tries to make electricity environment friendly

Arun Jaitley's maiden budget tries to make electricity environment friendly in a country that has the world's second largest population with moderate per capita power consumption. Besides allocating funds and reducing tax burden on solar and wind power, the finance minister has also attempted to clean coal-fired 1.48 lakh MW …

Budget has many nice words, some money but no direction: CSE

An environment think tank today said although the union budget had "many nice words and some money" but it failed to show any direction for "real change." Centre for Science and Environment (CSE) said although the announcement of national adaption fund a first step to recognise the need to invest …

Sunita Narain questions allocation on Ganga conservation

Environmentalist Sunita Narain Thursday raised questions on allocations on clean energy and Ganga conservation that were announced by Finance Minister Arun Jaitley in his maiden budget Thursday. On enhanced clean energy cess on coal, which has been increased from Rs.50 to Rs.100 per tonne, Narain - also the director general …

U.K. Will Miss CO2 Target Without New Measures: Adviser

The U.K. will fail to meet its carbon target without taking new emissions-reduction steps, the government’s climate change adviser said. Britain has a self-imposed goal to lower carbon-dioxide output in half from 1990 to 2025. That entails a 31 percent cut from today’s levels, and the nation is on course …

Awaiting green nod, Renuka Dam gets Budget allocation

The ambitious Rs 3,600-crore project was aimed at providing 275 million gallons of water to Delhi every day The long-pending Renuka Dam project, which has been facing environmental clearance hurdles, and has been entangled in legal and political spats for over 20 years, has been allocated Rs 50 crore by …

Govt presents Rs 618 billion budget

KATHMANDU, JUL 14 - Finance Minister Ram Sharan Mahat on Sunday presented the annual budget of Rs 618 billion focusing on economic reforms, energy, infrastructure and agriculture. But under pressure from lawmakers he also included allocations for some controversial and populist programmes, mainly the Constituency Development Fund (CDF). The budget …

MMDR Act amendment to help solve impasse in mining industry

GMOEA looks at this opportunity as a solution to the controversial issue of deemed leases PANJIM: The Union government’s announcement that it would amend the Mines and Minerals Development and Regulation (MMDR) Act 1957, has come as a ray of hope for the iron ore mining industry in Goa. The …

Union Budget 2014: Big boost for infra, cheer for industry

Investors looking to a bull run following finance minister Arun Jaitley’s maiden Budget were a confused lot, with the Budget scoring as many hits as misses. Eventually, after an exceptionally volatile intra-day trading that saw the Sensex move more than 800 points, the benchmark lost 72 points. If hiking FDI …

No sustainability road map

Mr Jaitley has fallen into the old trap of financing meaningless cleaning initiatives Listening to Finance Minister Arun Jaitley, Union Budget 2014 seemed to be a little bit of everything and lots of nothing. It is also difficult to pass a verdict on a government that has had barely 45 …

Power: Sector reforms inspired by the Gujarat model

Tax breaks and duty benefits for fresh capacity creation The Budget has focused on two key areas of power reforms - revival of the distribution sector and clean-energy generation - inspired from the Gujarat model. The reforms include tax breaks and duty benefits for fresh capacity creation. Finance Minister Arun …

Rs 53,706-cr budgetary allocation for NE

The BJP-led NDA government today paid back the North Eastern States with a slew of attractive proposals for sending the highest number of nine MPs, with Union Finance Minister Arun Jaitley announcing allocation of over Rs 53,000 crore for the region out of the 10 per cent mandatory budgetary allocation …

Rs. 37,880 crore to be pumped into nation’s road network

Rs. 3,000 crore for the North-East alone; fillip to PM’s rural scheme The Union Budget 2014 has given importance to fast-tracking highways and improving the road infrastructure to augment the nation’s arterial network. “The sector had taken shape between 1998 and 2004 under NDA-I. The sector again needs huge amount …

Aim: a second green revolution driven by technology

Committing itself to a sustained growth of four per cent in the farm sector, the government on Thursday announced in its Budget a technology-driven second green revolution with emphasis on higher productivity and a “protein revolution.” However, in a year when drought is looming large on the country, farmers are …

Government to enhance efficacy of PDS

The government on Thursday said it proposed to restructure the Food Corporation of India that procured, stored and distributed foodgrain to identified beneficiaries under the Targeted Public Distribution System. Presenting his budget proposals for the food sector, Union Finance Minister Arun Jaitley said the government was committed to reducing transportation …

Rs.200-crore boost for power

The power sector in the Capital, which witnessed frequent outages last month, received a much-needed boost from the Union Budget, which allotted Rs.200 crore to augment infrastructure in the key Department. In his Budget speech, Union Finance Minister Arun Jaitley categorically mentioned that transmission-related problems were a huge challenge for …

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