Budget

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. Signicantly, 2023 is also the year in which India became the most populated country in the planet and assumed G20 presidency. The Budget served as …

Agriculture growth declined in Maharashtra: Economic Survey

The annual economic survey, tabled in the Maharashtra Legislature today ahead of the presentation of State budget for 2013-14 tomorrow, reveals a decline in agriculture growth in the state. "The agriculture sector growth has declined by 1.4 per cent, the growth of agriculture and allied sectors has declined by 2.1 …

Mining industry urges Goa govt not to tax it more

Goa's iron ore industry has urged the state government not to levy additional taxes on it during the forthcoming state Budget to be presented on the floor of the House on Monday. In its pre-budget wish list, Goa Mineral Ore Exporters Association (GMOEA) has said the industry is already reeling …

Gujarat announces revival package for farmers

The announcement was made by agriculture and cooperation minister Babu Bokhiria The Gujarat government on Thursday announced revival package for farmers which would include interest waiver, interest reimbursement and agriculture loans at less interest rates. The announcement was made by agriculture and cooperation minister Babu Bokhiria, while replying to the …

Ministries on collision path over gas allocation

Fertiliser min to oppose planned move to give priority to power sector The oil ministry’s intent to give priority to the power sector for allocation of gas has raised an alarm in the fertiliser ministry. Sources have indicated that the fertiliser ministry will strongly oppose the move when oil ministry …

Palam MLA alleges govt diverting area residents’ water to hotels

New Delhi: The budget session on Thursday witnessed uproar over an allegation by Palam MLA Dharam Dev Solanki that the government has been diverting water meant for area residents to hotels in airport zone under influence of corporates. The BJP demanded a committee probe the matter. Solanki offered his resignation …

State to generate 9000 MW power by end of 13th Plan: Rather‘ J&K tagged best tax collection State in country’

JAMMU: While maintaining that State was moving forward in the right direction to minimize the fiscal deficit as per the guidelines laid down in the J&K; Fiscal Responsibility and Budget Management Act, Finance Minister Abdul Rahim Rather today said that the Comptroller and Auditor General of India has also lauded …

Opposition parties slam budget as anti–people

GUWAHATI: The Opposition parties on Monday criticized the 2013–14 State budget presented by Chief Minister Tarun Gogoi in the Assembly and slammed it as ‘anti–people’. Reacting to the budget, Asom Gana Parishad (AGP) president Prafulla Kumar Mahanta said, “It seems that the budget presented by the Chief Minister in the …

Vote Surplus, Vision Deficit

Any economist will tell us what India can become," said Finance Minister P. Chidambaram as he wrapped up his 90-minute Budget speech. It doesn't need the wisdom of economists to foresee the country's economic potential. India has seen the reality of 9 per cent-plus growth between 2003 and 2007. India …

Over 1,000 buses for State under JNNURM

Scheme announced in Union budget The move to purchase another 10,000 buses under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) and enhanced support in the 12th Five Year Plan will give an impetus to the bus transport system in the State. The decision to purchase the buses was announced …

Ministry to rejig norms for rural housing plan

In a bid to bring in more accountability and improve fund utilisation, the Ministry of Rural Development is in the process of revising the guidelines of its marquee rural housing scheme, the Indira Awas Yojna. The plan aims to provide houses to the rural poor by helping construction and upgradation …

New crop arrivals see wheat prices fall in Madhya Pradesh

The Madhya Pradesh government had announced a bonus of Rs 150 over and above the MSP Owing to arrival of the new wheat crop in western states, prices of the commodity have started falling. In Madhya Pradesh, set to be the largest wheat producer in a year, prices have fallen …

NREGS net expands to include railway works

Work on underpasses to create long-term assets The UPA government's flagship social sector programme — the National Rural Employment Guarantee Scheme (NREGS) — will now be able to create permanent infrastructure assets, giving the seven-year-old scheme providing livelihood to almost 5 crore families annually an altogether new direction. The rural …

Special fund to fight cancer, Bill in coming session

The state Cabinet today gave its approval to introducing the Punjab State Cancer and Drug Addiction Treatment Infra Structure Fund Bill, 2013, in the coming Budget session of the state assembly. The Bill aims at creating a special fund for setting up infrastructure, including equipment, in selected hospitals for treatment …

Mining days are back

Cabinet gives its nod after getting environment clearance The government today paved the way for resumption of mining operations in the state after obtaining environment impact assessment (EIA) clearance. The decision was taken by the Cabinet which met here today under the chairmanship of Chief Minister Virbhadra Singh. The Cabinet …

State gets Rs 67.94 lakh

SHILLONG: For the year 2012–2013, the State got fund of Rs 67.94 lakh which was allocated for development and promotion of tourism which also includes Rs 50 lakh for rural tourism and Rs 17.94 lakh for holding of fairs and festivals. The Ministry of Tourism has earmarked 2.5 per cent …

Rs 25cr to promote agriculture in Chambal

JAIPUR: The ravines of Chambal, known for being the hideout of dacoits, may finally get to witness some positive growth indicators. At least that's what chief minister Ashok Gehlot's budget allocation for the agricultural sector envisions. The budget has drawn up an ambitious plan of leveling the land along the …

Budget provisions for 75,000 new electricity connections

JAIPUR: In the financial year 2013-14, the state government has set a target to provide 75,000 new connections and increase power production capacity to 900MW in the public sector and 660MW in the private sector. It has also estimated that power production from wind energy products in the state would …

Food Safety Commissioner imposes ban on Gutkha

JAMMU: In exercise of the powers vested upon him under clause (a) of sub-Section 30 of the Food Safety and Standards Act, Manoj Kumar Dwivedi, Commissioner of Food Safety, Jammu and Kashmir ordered ban on manufacture, storage, sale transportation, display or distribution of Gutkha in the State. As per the …

Elections round the corner, Gehlot rains sops in budget

Presenting his last budget before the assembly elections later this year, Rajasthan Chief Minister Ashok Gehlot Wednesday doled out sops for farmers, elderly, journalists, employees. He extended the free medicines scheme, promised free health check-up at state hospitals, free laptops for journalists, and Rs 5 incentive for inter-caste marriages. Gehlot …

Anti-Posco brigade threatens nude protest

BHUBANESWAR: In what seems to be a desperate move to stall the ongoing land acquisition move by the government, anti-Posco group on Wednesday threatened to organize a nude protest, even as South Korean ambassador to India Kim Joong-Keun expressed concern over the delay in implementation of the proposed mega steel …

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