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 …
Despite new lakes being announced every year in its budget, the Ahmedabad Municipal Corporation (AMC) has been found wanting when it comes to their upkeep. Mid-way through the summer, some of the major lakes in the city have already dried or are close to drying up. The water levels have …
Extends exemption from basic customs duty & CVD indefinitely, to give relief to hard-pressed industry The Finance Bill passed by the Lok Sabha yesterday, to give effect to the Union Budget proposals, has removed the 2014 time bar it had earlier proposed on the duty exemption for thermal coal. In …
The move has been proposed in order to discourage consumption of subsidised diesel by personal vehicle owners The Ministry of Petroleum and Natural Gas is demanding an increase in excise duty on diesel cars with a view to discouraging consumption of subsidised fuel by personal vehicle owners. "A proposal was …
Gandhinagar: Amid loud talk about spread of canal irrigation, especially Narmada-based, leading to asharp fall in the amount of electricity going into the farm sector, a recent Planning Commission document has revealed just the opposite. Titled “Annual Report 2011-12 on Working of State Power Utilities and Electricity Departments”, the document, …
CHENNAI: Seven Common Effluent Treatment Plant (CETP) projects in Tirupur have got the green signal by the Tamil Nadu Pollution Control Board, according to Minister for Handlooms and Textiles Dr S Sundararaj. According to the policy note of handlooms and textiles tabled in the assembly, the government has to set …
A parliamentary standing committee has taken a grim view of constant pruning of budget of agriculture ministry. It has asked the Centre to adopt a fresh outlook towards allocation of finances to the sector as it sustains economically weak farming community. The parliamentary panel examining the demands for grants of …
Speaking at an international workshop on Equity and Climate Change, held on April 12, the minister for environment and forests, Jayanthi Natarajan, sought to build a consensus on the inter-relationship between equity and the principle of common but differentiated responsibilities in the Climate Convention, and the nature of the obligations …
Can low-cost airlines beat bullet trains? The world’s busiest train route, and one of the busiest air routes, is between Tokyo and Osaka, Japan’s two biggest metropolitan areas. On that corridor, the shinkansen, as Japan’s bullet trains are known, were born in 1964. They whizz 120,000 passengers a day smoothly …
The Delhi Jal Board (DJB) on Wednesday received an additional Rs 400 crore in its pocket, with eyes on big investments in constructing new and rehabilitating the existing sewerage network in the city. The Delhi government has approved a total budget outlay of Rs 3,800 crore for 2012-12 for the …
PANJIM: The major issues faced by farming community due to run offs from the mining rejects are likely to be taken care of in the State Mining Policy, which will take shape by May end. Highly-placed sources stated that the State government is yet to take a call on whether …
The Delhi government on Monday decided to continue extending a rebate of `6,000 to each domestic consumer for installing solar water heaters. The decision was taken at a Cabinet meeting presided over by chief minister Sheila Dikshit. Ms Dikshit said extension of the scheme for one more year will go …
MUMBAI: The standing committee, which is yet to pass the budget proposal, is likely to make changes before passing it. While giving a go-ahead for the increase in water taxes as proposed, the standing committee has suggested that the civic body seek financial help from the state and Centre, specially …
The project was held up due to paucity of funds The Mamata Banerjee government on Wednesday gave its nod for a proposal to hand over a State-sector power project that was being implemented at Katwa in Bardhaman district to the erstwhile National Thermal Power Corporation, now simply NTPC. While NTPC …
GUWAHATI: The Guwahati Metropolitan Development Authority (GMDA) seems rather upbeat about the proposed introduction of the monorail system in Guwahati. Talking to mediapersons in Guwahati today, GMDA chairman Robin Bordoloi said, “Scomi Engineering Berhad, Malaysia, is carrying out a survey in Guwahati to examine the feasibility of the monorail system. …
Grant-in-Aid will be 15.83 percent in Madhya Pradesh’s budget for year 2012-13. Besides, the funds received as share of Central taxes has been reduced this year by Rs. 567 crore. Madhya Pradesh’s budget for year 2012-13 is of Rs. 80 thousand 30 crore 98 lakh. It will include Rs. 12 …
Despite all the efforts during the last 50 years, Maharashtra faces perennial scarcity of water which remains the main factor behind imbalance of regional development. No wonder then that during every Budget session of the state legislature held at the beginning of summer season, a heated debate is held on …
However, volatile fuel prices & interest rates could play spoilsport: SIAM Car sales are expected to accelerate to double-digit growth this fiscal year after increasing just 2.19% in 2011-12, the slowest in three years. The Society of Indian Automobile Manufacturers expects car sales to grow 10%-12% in 2012-13, buoyed by …
Sri Lanka government says that the Samurdhi poverty allowance increased under the 2012 budget will be granted to the recipients from the first of this month. Under the new payment scheme the money will be directly deposited to the account of the Samurdhi recipients instead of granting allowance stamps to …
It is back to the 1970s as far as the National Rural Employment Guarantee Scheme is concerned. The job guarantee scheme is set to provide food grain as part of wages. The rural development ministry, which found its NREGA (National Rural Employment Guarantee Act) allocations squeezed in the Budget, has …
The Union government will have to amend the Atomic Energy Act, 1962, to divest its stakes in the Nuclear Power Corporation (NPC) which is engaged in increasing its capacity addition to 63,000 Mw by 2032 from the present 4,780 Mw. The state-owned entity’s authorised capital is Rs 15,000 crore, while …
