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. Signicantly, 2023 is also the year in which India became the most populated country in the planet and assumed G20 presidency. The Budget served as …
Major cause of slowdown was drop in investment, which slumped to (-)1.9%, y-o-y during latest 3 quarters from 2010 double-digit levels India's economic troubles are mostly self-inflicted, resulting from policy paralysis and opposition to reforms - a situation that is unlikely to change before the general elections in 2014, says …
IMPHAL, July 2 – Manipur Chief Minister Okram Ibobi Singh presented the budget estimates for the year 2012-13 in the State Assembly here today. The total receipts during 2012-13 are estimated at Rs 8,232.66 crores, a jump of 30 per cent over 2011-12 of Rs 6,331.79 crore, Ibobi said while …
To utilise water awarded by Kaveri Tribunal Water Resources Minister P.J. Joseph said the State would expedite steps to draw its share of water under the Kaveri Tribunal Award from the east-flowing rivers Pampar, Bhavani and Kabini. Replying to the discussion on the demands for Budget grants for his department, …
Punjab’s agricultural sector grew at 1.6 per cent during the 11th Plan against the national average of 3.41 per cent. The growth is tardy owing to near saturation in productivity. The rural debts in Punjab are estimated to be Rs 35,000 crore. The number of indebted rural households in Punjab …
Budget proposals include increase in outlays for education and social security measures for youth Even as he announced major increases in outlays for education, agriculture, social security and programmes for the youth, Punjab's new Finance Minister Parminder Singh Dhindsa in his maiden Budget speech in the State Assembly here on …
JAIPUR: Chief minister Ashok Gehlot has recommended that the state's Mukhya Mantri Gramin BPL Awas Yojana be extended across the country to grant the citizens a "right to shelter". Gehlot made the suggestion to Prime Minister Manmohan Singh, considering the scheme's popularity among Rajasthan's weaker sections. Gehlot earlier put forward …
Expectations are always there from Budget, but in case of the Punjab Budget, which will be announced on June 20, there is already a feeling of dejection. Planners and even the common man feel that the state has very little room for maneuverability at a time when it is saddled …
Petrol price will come down by 92 paise while cost of diesel will go up by 37 paise from midnight Sunday in the capital, with the Delhi government issuing a notification adjusting the Value Added Tax (VAT) on the two fuels. Petrol will cost Rs. 70.24 per litre from current …
Less than four months ago the world was cheered to learn that India had gone a full year with no new cases of polio - a landmark that left only Pakistan, Afghanistan and Nigeria on the World Health Organization's list of countries where the disease is endemic. But the battle …
Writes to Pranab on the revenue being lost in not doing so, wants steep levy The government is planning to compensate the subsidy on diesel by taxing cars fuelled by it. Petroleum Minister S Jaipal Reddy has recommended a steep Rs 2,55,000 additional tax on large and medium diesel cars …
The government has reduced its allocation for the water and sanitation sector by around Tk 1000 crore in the proposed 2012-13 budget, widening the disparity between the rich and poor, with the major portion of funds going to Dhaka and Chittagong. According to experts speaking at a press conference in …
PANJIM: Chief Minister Manohar Parrikar will meet senior officials of State Mines department on June 15, to review the announcements made in the state budget about the department and also on the roadmap for the crucial mining policy. Parrikar, who also holds mining portfolio, had announced a slew of measures …
What the standing committee report on the land acquisition bill left out. The Parliamentary Standing Committee on Rural Development’s 31st report on land acquisition released this May does not want the state-led “dominant domain” principle extended to public-private partnerships and private sector projects. It displays faith in eminent domain, land …
Allocation of Tk 400 crore for the Bangladesh Climate Change Trust Fund was sought in the proposed budget for 2012-2013, which was placed in the Jatiya Sangsad on Thursday. The government created the Bangladesh Climate Change Trust Fund with national resources. A total of Tk 2,100 crore has been allocated …
The report of the Comptroller and Auditor General (CAG) of India relating to Delhi government for the year ended March 31, 2011 was tabled in the Delhi Assembly on Wednesday. The report states that there was under-assessment, short levy or loss of revenue to the tune of Rs 2,019.31 crore …
New Delhi Urging the government not to raise excise duty on diesel cars, top executives of country's leading automobile firms met the finance ministry officials on Wednesday. The finance ministry, which has been mulling over imposing additional levy on diesel vehicles, in the meantime has asked automakers to provide production …
NEW DELHI, June 5 – Identifying agriculture and erosion and flood management as thrust areas, Assam’s Annual Plan for 2012-2013 was fixed at Rs 10,500 crore marking an increase of 16 per cent from last year’s Rs 9,000 crore. The Plan size was finalised at a meeting today attended by …
The petrol price in Delhi is all set to go down by 92 paise per litre from Rs. 71.16 as the Delhi Budget, which carried the proposal of waiving off the Value Added Tax on the recently-hiked price of the fuel, was passed by the Assembly on Monday. Besides, the …
Madhya Pradesh, one of the BIMARU states, has inched closer to displace Haryana from the second spot in wheat procurement. The state’s performance, in fact, has boosted the procurement in the country that is looking to enact a food security law soon. At the end of May, wheat procurement across …
Terming as “justifiable” the government’s move to impose five per cent Value Added Tax (VAT) on CNG, the fuel on which the public transport runs in the city, chief minister Sheila Dikshit has ruled out any rollback of the increased price of the fuel. “We will not withdraw the VAT …
