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. Signicantly, 2023 is also the year
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
The Budget has provided ample resources for farmers and the farm sector even in a year of fiscal blight. The finance minister announced an allocation of Rs 27,049 crore to the agriculture ministry,
PUNE: The much-delayed Pune metro rail project got a funding of Rs 10.01 crore in the Union Budget on Thursday. The Pune and Pimpri-Chinchwad municipal corporations, that have proposed the project in association with the Delhi Metro Rail Corporation, have already made provisions in their respective budgets for the year 2013-14. The budgetary head, 'Pune Metro', figures in the list of projects of the urban development department for the first time this year in budget. The total funding of Rs 10.01 crore has been bifurcated into three components.
Finance minister P Chidambaram batted for sustainable development repeatedly in his speech, marking the arrival of the phrase in mainstream political and economic lexicon. But he backed it up with only
Education was given short shrift in the Budget with barely 17% increase in allocation that is likely to leave flagship programmes like Sarva Shiksha Abhiyan (SSA) and mid-day meal scheme bereft of the
The message to the original Green Revolution states - Punjab and Haryana - in the Budget is loud and clear that they will have to seriously start exploring options beyond paddy and wheat, primarily paddy
National Urban Health Mission (NUHM), UPA’s ambitious plan focusing on primary healthcare for the urban poor, has been merged with the National Rural Health Mission (NRHM) and no specific allocation has
The FM wants credit for acting on environment, but does the wrong things The "mool mantra" of Budget 2013 is inclusive and sustainable development, says Finance Minister P Chidambaram. But, as far as the environment is concerned, there is no substance in the Budget that tells us how the direction of growth will be environmentally sound. Instead, the finance minister talks about the Cabinet Committee on Investment, which has been set up to fast-track clearances. There is no indication in his speech that this drive for investment will be cognisant of the needs for sustainability and will strengthen, not weaken, the regulatory system that governs green clearances.
New Delhi: With the government throwing its weight behind waste-to-energy (WTE) plants in this year’s Budget, a debate has started on the need for, and suitability of, such projects. Waste management across
Public transport in cities would get a boost as 10,000 new buses would hit roads during 2013-14. Finance minister P Chidambaram said that a significant portion of the central fund under the Jawaharlal
Scrips of RIL, ONGC down The Finance Minister's announcement for the oil and gas companies did not cheer key players in the industry. Industry players gave a thumbs down to FM's proposal to review the oil and gas exploration policy and move from profit sharing to revenue sharing contracts. "The proposal to the move from profit sharing model to revenue sharing model marks substantial increase in risk profile for exploration and production companies. From an overall perspective, Budget 2013 has a negative bias for oil and gas industry," said Nabin Ballodia, Partner-Tax, KPMG India.