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 …
Presenting the budget for 2013-14, Jammu and Kashmir Finance Minister Abdul Rahim Rather Wednesday announced a slew of welfare measures: health insurance for migrants, hike in daily wages, VAT exemption on flour, rice, paddy as well as for tourism sector for another year. The Rs 38,068 crore zero deficit budget …
The minimum investment ceiling of Rs. 100 crore should also be removed The Indian Wind Power Association has appealed to the Union Government to extend the investment allowance, announced in the Union Budget this year, to micro, small and medium-scale wind energy projects that are less than Rs. 100 crore. …
JAIPUR: On the eve of the state budget presentation, wildlife activists have pinned their hopes on chief minister Ashok Gehlot to announce some steps towards wildlife conservation. Some are hoping that the long neglected state bird, the Great Indian Bustard (GIB), will finally get its share in the budget. Rajasthan …
New Delhi: Delhi Devlopment Authority (DDA) passed its budget for 2013-14 at an Authority meeting held on Tuesday with special focus on development of low-income housing in its sub-cities and maintenance of green areas. Infrastructure projects also got a boost. L-G Tejinder Khanna, who is the DDA chairman, said that …
The new land pooling policy, which will encourage active involvement of the private sector, is likely to be tabled for approval at a meeting of the Delhi Development Authority (DDA) on Tuesday. Land pooling is being seen as an alternative to land acquisition by government agencies. It is based on …
New Delhi: States from southern and western India like Tamil Nadu, Karnataka and Maharashtra seem to be taking the lead in getting approval for more projects under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM). While these states have sent dozens of proposals to the Union urban development ministry, there …
JAIPUR: With increase in allocation of funds for projects running under Jawaharlal Nehru National Urban Renewal Mission (JNNURM) in the Union budget, the Jaipur City Transport Services Limited (JCTSL) has geared up to submit proposals for 500 new low-floor buses. Already 100 new buses have been added to the JCTSL …
PUNE: The state government has drafted a plan to produce 80,000 quintal seeds for coming monsoon. The state cabinet has cleared the plan and the instructions have been issued to regional offices. The seeds of jowar, bajra, rice, wheat other cereals and oily seeds are part of the project. The …
BHUBANESWAR: Odisha appears to have missed the second green revolution, already. Even though the state received Rs 217.25 crore under the centrally-funded 'Bringing the Green Revolution to Eastern India' (BGREI) programme in 2012-13, second to only West Bengal's allocation of Rs 269 crore, the yield has actually nosedived in Odisha …
Is the wind favourable or unfavourable? Experts are divided on the long-term benefits of re-introduction of generation-based incentive (GBI) for wind energy, announced in the Union budget, on the State’s wind sector. New wind mills of 1,084 MW capacity were commissioned last year, which was one third of what the …
15% allowance on capital expenditure would help PSUs, too India Inc has a good reason to step up capital expenditure (capex). With the Budget proposing an additional investment allowance of 15 per cent for assets acquired and installed in the next two years for over Rs 100 crore in capital …
Oil-marketing companies (OMCs) have decided to increase petrol prices by Rs 1.40 per litre with effect from Friday midnight. With this, petrol price in Delhi would be Rs 70.46 a litre now. The last price hike was on February 16. Between then and now, international petrol prices rose from $128.57 …
As the State had performed appreciably along various fiscal parameters amid a slowdown at the national level, Haryana Finance Minister Harmohinder Singh Chattha did not levy any fresh taxes while presenting the Budget for 2013-14 in the Assembly on Friday. To achieve the objective of “Faster, Inclusive and Sustainable Growth” …
Environment has been given short shrift in the budget with finance minister P. Chidambaram concerning himself only with the thousands of tons of garbage being generated in our cities everyday. The budget focuses on the need to set up waste-to-energy projects in PPP mode. Unfortunately most of these plants have …
FM allocates Rs 10,000 cr to implement the programme; this is apart from the usual food subsidy requirement of Rs 80,000 cr for the year The most ambitious social security programme of the government, the National Food Security Bill, got a leg-up in the 2013-14 Budget, with Finance Minister P …
Interest subvention scheme to include private sector commercial banks Acknowledging that the large farming community had delivered despite difficult conditions, Finance Minister P Chidambaram said it was due to them that agriculture had continued to perform well. "The average annual growth rate of agriculture and allied sectors during the 11th …
PPP projects to improve coal production, sops for wind power producers Finance Minister P Chidambaram today proposed fresh incentives for the power industry, which is struggling to cope with fuel constraints as well as poor financial conditions of distribution utilities. Chidambaram has announced public-private partnership (PPP) projects in the coal …
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 …
Given the economic and political circumstances, the finance minister has presented a pragmatic vwith good intentions for inclusive and sustainable development. This is one of the most challenging times that the world economy is facing and the scenario is no different in India. The Union Budget for 2013-14 is well-balanced …
The hike in customes duty on fully built imported vehicles from 75 per cent to 100 per cent in the Budget 2013-14 has disappointed the industry but given its small size, the impact may not be significant. Speaking to The Hindu , Wilfried Aulbur, Managing Partner, Roland Berger Strategic Consultants, …
