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 …
Generation Based Incentive is back; Ministry to get Rs.800-crore One of the major gainers of the Union budget is the wind energy sector, with Finance Minister P. Chidambaram announcing the reintroduction of the Generation Based Incentive (GBI). A sum of Rs. 800 crore is to be provided to the Ministry …
The Union budget presented in Parliament on Thursday has provided an allocation of Rs. 150 crore for a neighbourhood development project at Kudankulam in Tamil Nadu, where a 2000 MW nuclear power plant is coming up. The provision follows the Tamil Nadu government’s announcement of a Rs. 500 crore development …
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 which has been branded by agro-scientists as the culprit of all their woes - water …
The budget signals a decisive shift to high-value agriculture with allocations for crop diversification in the Indo-Gangetic belt, nutri-farms for growing fortified food crops, Farmer Producer Organisations to facilitate contract/lease farming, ‘green revolution’ in eastern India and setting up of Indian Institute of Agriculture Bio-Technology that will research among other …
The Union Budget for the financial year 2013-14, presented by the Union Finance Minister, P. Chidambaram, today came as big relief for the Delhi government which has to face assembly elections this year as the Central Plan Assistance has been hiked by Rs 243.70 crore which is 27 per cent …
Emphasising the importance of science and technology, Union Finance Minister P. Chidambaram has announced “substantial’’ increases in the budget for the Ministry of Science and Technology and the Departments of Atomic Energy and Space for the coming year. While Rs. 6,275 crore has been allocated to the Ministry of Science …
Finally, the Centre today officially recognised the fact that Green Revolution states need crop diversification. The Centre has made a fiscal provision of Rs 500 crore in the budget to facilitate the plan for crop diversification, moving away from the traditional paddy-wheat cropping pattern. Announcing the provision, Union Finance Minister …
The National Urban Health Mission (NUHM) will be launched in Bangalore on a pilot basis in the coming months. The State Health department has already prepared the Project Implementation Plan (PIP) for Bangalore City and submitted it to the Union Ministry for Health and Family Welfare. With the Union Budget …
The government in its Budget has largely maintained its social sector spending at the same level. The allocation to the Ministry of Rural Development that runs flagship schemes like MGNREGS has gone up marginally by 5 per cent from Rs 76,376 crore to Rs 80,194 crore for 2013-14. While the …
The Union Budget sought to consolidate the "remarkable progress" achieved in government's efforts to extend green revolution to eastern India by deciding to continue with the Rs 1,000-crore support. Finance Minister P Chidambaram made a fresh allocation of Rs 500 crore for crop diversification in Northwest India to offset the …
The Budget has done its bit to promote alternative therapy for curing your aches and pains. Traditional therapies like ayurveda, unani, siddha and homoepathy medicines may get a boost through an allocation, while the impetus given to medical research and science & technology will benefit pharma companies. The Budget proposed …
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 been made in the Budget for the urban health initiative. The Budget has allocated Rs 21,239 crore, an increase …
Coimbatore Integrated Waste Management Limited has begun preliminary works for plant Union Finance Minister P. Chidambaram’s proposal to encourage municipalities to go in for waste-to-energy projects has come as a shot in the arm for the Coimbatore Corporation. In his Budget speech on Thursday, the Minister said: “India tosses out …
The budget proposal to aid local bodies in taking up waste-to-energy projects in public-private partnership mode is expected to improve urban waste management in Kochi and other cities. Union Finance Minister P. Chidambaram had proposed “to support municipalities implementing waste-to-energy projects by offering viability gap funding, repayable grant and low-cost …
The Integrated Child Development Scheme came in for praise from Finance Minister P Chidamabaram during his budget speech for having spent its entire budget allocation — it had got a 50 per cent hike last year — but the hike it got this year was modest. The Rs 17,700 crore …
New Delhi: For connoisseurs of history, the 2013-14 Budget paves the way for a new era of heritage conservation. For the first time, Indian National Trust for Art and Cultural Heritage, described as an “institution of excellence”, has been granted Rs 100 crore. Established in 1984, Intach is India’s largest …
JAIPUR: The proposed National Livestock Mission, supported by a budget allocation of Rs 307 crore, is likely to strengthen the animal husbandry industry in the state. Rajasthan is among the leading states in livestock production and it contributes nearly 11% to the state GDP. The livestock mission will help to …
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 most parts of the country is in a mess and in cities like Delhi, where a WTE plant …
PUNE: Pimpri Chinchwad municipal commissioner Shrikar Pardeshi presented a draft budget of Rs 3,248.14 crore for 2013-14 on Thursday. Substantial provisions for 24x7 water supply, Pavana river development project and a plan for promoting tourism are the highlights of the budget. Pardeshi has announced several citizen-friendly projects, including development of …
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, an increase of 22% over the revised estimates for the current year. This includes Rs 9,954 crore …
