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 …
Asking him to reconsider budget cuts for the government’s flagship social sector schemes, including guranted work for people in rural areas under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), Rural Development Minister Jairam Ramesh has written to Finance Minister P Chidambaram expressing concern that the “huge cuts” proposed …
Nov 20, Colombo: Sri Lanka's Health Minister Maithripala Sirisena says the government has taken steps to enhance the country's health sector by increasing budgetary allocations to the sector every year. The Minister told a public gathering in Kurunegala that the government has allocated Rs. 135 billion to the health sector …
Central report asks state government to initiate measures Out of 12,925 gram panchayats in the state, 9,558 have shown nil expenditure under various programmes, including MGNREGA, sponsored by the Union Government during the current financial year till October 7. The number of such panchayats during the same period last year …
With the government releasing the annual budget for the fiscal year 2013-14 to the ministries this week, the mining and manufacturing sector is earmarked to receive Nu 837M for a host of activities in the coming months. The outlay for this sector spreads across the economic affairs and labour ministries, …
The Committee on Climate Change (CCC) has called for the Government to approve its fourth carbon budget in the New Year to avoid further investor uncertainty. Ahead of the CCC's final recommendations on the review of the 2023 to 2027 carbon budget, committee chairman Lord Deben announced that there is …
Niravu Vengeri’ implements project in school, city ward Amidst numerous cleaning drives initiated by NGOs, government agencies, greens, and private firms on Gandhi Jayanti on Wednesday, the city also showcased a zero-budget waste management model successfully experimented by a progressive residential forum (‘Niravu Vengeri’) here for the past several years. …
Keeping his promise to focus on creating durable assets under the UPA’s flagship rural employment guarantee programme, rural development minister Jairam Ramesh has made changes to the programme’s guidelines. In a letter sent to all chief ministers, Ramesh announced a clarification to the operational guidelines of the Mahatma Gandhi National …
Mexico's Congress will revise its proposed 2014 budget in the wake of some of the worst storm damage in decades, President Enrique Pena Nieto said on Sunday as the death toll from widespread flooding and mudslides rose to some 115. The government earlier this month said it aimed to run …
Less painful now, but future uncertain The United Progressive Alliance's (UPA) ambitious National Food Security Bill might soon become reality. After getting approval from the Lok Sabha, the Bill is headed for the Upper House of Parliament for approval. The big debate is on the financial implications as and when …
New Delhi: The fiscal cost of the food security bill has heightened worries of India Inc and economists, who say that the passage of the legislation has “dealt a body blow to public finances.” While the implementation of the legislation is unlikely to have a major impact on finances in …
The tragic episode in a school in Bihar, where 23 children died because of contaminated food, is unacceptable. But it is also a fact that the midday meal scheme, under which cooked food is compulsorily provided to children in government schools across India, is too important and critical to be …
The Treasury will allocate Rs. 150 billion for the health budget in 2014, a Health Ministry spokesman said. The spokesman said a special discussion was held between Finance Ministry Secretary Dr. P.B.Jayasundara and Health Minister Maithripala Sirisena last week in connection with the health budget 2014. Health Ministry were also …
The Indian Wind Power Association has appealed the Government to restore the accelerated depreciation scheme for the wind energy sector. Association chairman K. Kasthoorirangaian told The Hindu that the accelerated depreciation scheme and generation-based incentives were withdrawn for the sector last April This year, Rs. 800 crore was allocated in …
Having slashed the health budget by nearly Rs. 15 billion, the government was waiting until the upcoming Provincial Council Elections were over to jack up the price of gas, milk foods and fuel, the UNP charged yesterday. Media Spokesman of the UNP, Gayantha Karunathillake, MP, addressing a news conference in …
The Government has allocated Rs. 125 billion for the health sector in 2013. Of this, Rs. 35 billion is to purchase drugs while another Rs. 36 billion is for health sector salaries, Health Minister Maithripala Sirisena said. This is in addition to WHO and other International agency funding, he said. …
Lucknow: Facing sharp criticism on the development front, the Samajwadi Party has given financial sanction to its ambitious multicrore-rupee ‘Naya Sawera Nagar Vikas Yojana’. The scheme seeks to upgrade the infrastructural facilities at the local bodies’ level. A budget of Rs 900 crore was proposed for making available funds to …
Community forest user groups and experts working in the sector have slammed the government’s budget for the fiscal year 2013/14 stating that it has ignored the contribution made by the locals in forest conservation for decades. They are upset that the new budget announced on Sunday evening did not even …
The government has raised the annual budget for the agriculture sector by 81.39 percent to Rs 21.40 billion for the fiscal year 2012-13, aiming to commercialise the farm sector, increase production and productivity. The allocation is 4.13 percent of the country’s total annual budget of Rs 517.24 billion announced by …
All the State governments in the northeast are likely to face a deduction of at least 7.5 per cent in Central funding under the National Rural Health Mission (NRHM), if New Delhi goes by its decision of reducing funding pattern. The Ministry of Health and Family Welfare is contemplating to …
The high power committee on Odisha Forestry Sector Development Project on Tuesday approved a budget outlay of Rs 144.90 crore for 2013-14. The State Government’s share in the budget is Rs 33 crore. The major activities proposed for the current financial year include capacity buildings of Vana Surakhya Samitis (VSS), …
