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 …
The adoption of the US-sponsored resolution on the alleged human rights violations in Sri Lanka at the United Nations Human Rights Council reflects the success of the diplomatic approach adopted by India, said Union Home Minister P.Chidambaram here on Saturday. “It was a complex issue. We needed a resolution acceptable …
India's return to the phase of higher indirect tax revenues will impose disproportionately larger burdens on the poorer sections. In a Budget speech that was tiresome to the point of being boring and sought to conceal far more than it revealed, Finance Minister Pranab Mukherjee has paved the way for …
The Budget provides proof of the United Progressive Alliance government having forgotten the importance of its own “flagship schemes”. BUDGET 2012-13 provides conclusive proof that the United Progressive Alliance (UPA) government has lost its way. It has managed the remarkable feat of upsetting almost everyone and making no one happy. …
GUWAHATI: State Agriculture Minister Nilomoni Sen Deka today expressed happiness at the increasing interest among Assam’s farmers towards organic farming. He also said that the government was looking at popularizing the concept of organic farmers further. The minister was speaking at the programme ‘Bringing Green Revolution to Assam’ at Shilpgram …
The Bihar Government’s plan and efforts to upgrade its primary education infrastructure received a jolt as the Centre drastically cut its contributory share of funds under the Sarva Shiksha Abhiyan (SSA) scheme during the just-concluded financial year. The state’s Education Minister PK Shahi said that out of the Centre’s share …
Parliamentary committee is likely to go for universalising distribution of grains to cover wider range of population The much-awaited Food Security Bill, which is being vetted by Parliamentary Standing Committee, may see some changes before being cleared. “The committee may go for universalising the distribution of grains to cover wider …
Gandhinagar: The Reserve Bank of India in its latest report, ‘State Finances: A Study of Budgets of 2011-12’, has identified Gujarat as one of the states where power sector reforms, despite being initiated early, have failed to create the “desired impact” on the financial position of the state power utilities …
Notwithstanding its virtual rejection by Team Anna, the Himachal Pradesh Lokayukta Bill is likely to be tabled in the state Assembly within a day or two after the suggestions from the Lokayukta are received. Even as Team Anna, whose suggestions had been sought by the Himachal Government, had rejected the …
FM talks about his toughest budget yet, cost of the food security Bill and lots more Pranab Mukherjee is not a man easily provoked. With eight budgets behind him, the 77-year-old finance minister has perfected the art of answering only what he wants to answer. His face gives away very …
Jammu, March 30: While the budget from MGNREGA scheme witnesses a threefold increase in the next financial year, the Committee on Estimates, comprising members of both Assembly and Council, has observed that there is a lack of coordination between the irrigation and rural development departments in the utilisation of funds …
KOCHI: Ernakulam District Panchayat vice-president Bindu George presented a Rs 50-crore surplus budget for 2012-13 to the 26-member council on Thursday. The budget envisages a total income of Rs 920 crore and an expenditure of Rs 870 crore. Clean Environs Eco-issues and cleanliness drive will be taken up in a …
The United Democratic Front-led district panchayat has passed a surplus budget of Rs.50.06 crore on Thursday, which the four-member opposition Left Democratic Front dispelled as a dream budget cut off from reality. In her second straight budget, vice-president Bindu George envisaged an income of Rs.920.17 crore against an expenditure of …
Thrikkakara municipality has passed a surplus budget of Rs.12.09 crore for the 2012-13 fiscal here on Thursday. The budget presented by vice-chairperson Shereena Shukoor envisages an income of Rs.87.79 crore against an expense of Rs.71.20 crore. The budget earmarks Rs.1 crore to buy land for solid waste treatment in the …
Rs. 5-crore surplus budget for Kottayam Municipality The Kottayam Municipality has provided thrust towards strengthening the distribution of drinking water and the waste management system through its budget estimate for 2012-13. The budget, presented by Municipal vice-chairperson and chairperson of the Standing Committee on Finance Mayakutty John, and approved by …
Finding a permanent solution to the three-decade-old waste management problem of Thrissur city is the main agenda of the corporation, Deputy Mayor Subi Babu has said while presenting the annual budget for 2012-13. The budget has earmarked Rs. 3 crore for the waste management project. Efforts will be taken to …
After increasing prices of its passenger cars following hike in excise duty in the Union Budget 2012-13, Tata Motors, on Thursday, said its entire range of commercial vehicles have also become dearer by up to Rs.60,000. “We have hiked the prices of our commercial vehicles by 2-5 per cent considering …
The World Bank has approved a funding of $109 million (Rs.545 crore) for a new agricultural competitiveness project in Rajasthan set to improve farm productivity through sustainable and efficient use of water resources. The project, for which Chief Minister Ashok Gehlot made an announcement in the previous year's Budget, was …
The Centre on Monday revised the wage rate under the Mahatma Gandhi National Rural Employment Guarantee Act and has decided to amend the Act to remove the existing disparity in minimum wage even as the matter is scheduled to come up before the Supreme Court on April 9. The revision …
The Maharashtra government is set to implement some harsh monetary steps from next month, as finance minister Ajit Pawar envisaged a raise in tax rates across sectors in the 2012-13 budget presented on Monday. The proposals are expected to mobilise an additional Rs 600 crore, and make the state revenue-surplus …
The Maharashtra government, caught between the rising mismatch between demand and supply of power and deteriorating finances of power utilities, has introduced an amnesty scheme for payment of dues by consumers. The scheme would be applicable for the recovery of pending electricity bills for various drinking water schemes. State finance …
