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 …

NGO protests against poor allocation for environment

A drastic reduction in the budgetary allocation for environment and related sectors has prompted city based NGO Jividha to launch a campaign titled 'Re 1 for environment'. The campaign, which was launched here on Monday, is a protest against the 'anti-environment policies' of the present BJP-led government at the Centre. …

Coal cess not enough to cut emission: CSE

The Budget proposals for 2015-16 has no strategy in place to address green concerns, the Centre of Science and Environment (CSE) said, adding that the only “green initiative” of the Narendra Modi government is the increase in cess on coal - from Rs. 100 to Rs200/tonne - which is inadequate …

Budget ignored green concerns

The Union Budget (2015-16) proposals have no strategy in place to address green concerns, according to the Centre of Science and Environment, adding that the only “green initiative” of the Narendra Modi government is the increase in cess on coal — from Rs 100 to Rs 200/tonne — which is …

Budget 2015: 'Budget mum on air pollution curb

The Union Budget on Saturday failed to make any allocations or fiscal measures to control air pollution. After the World Health Organization's (WHO) urban air quality database last year showed Delhi and 12 other Indian cities to be among 20 most polluted in the world, a number of other publications …

Industry upbeat on budget, though there is no sops for solar sector

In contrast to the downcast mood of the general public, the industry in the state rejoiced the roadmap finance minister presented in the budget for the growth of the industry and economy. Businessmen, and industry bodies said the emphasis on infrastructure funding, plug-and-play facility for setting up projects, and plan …

Decoding the Budget's 'carbon tax'

Finance Minister Arun Jaitley in Budget 2015 delivered a first. India has accepted that it has a de facto carbon tax — on petroleum products and on dirty coal. In fact, arguably the only big green initiative of this Budget is the increase of the cess on coal — from …

India in ‘sweet spot’: Economic Survey

Pegs growth at 8% | Wants renewed investment, rationalised subsidies The bar just got higher for the Modi government’s first full Budget on Saturday as the Economic Survey saw the Indian economy in a “sweet spot”, thus set for a healthy growth trajectory. Citing the political mandate for reform and …

A slew of measures in Prabhu's budget to take Indian railways on green path

One of the key proponents of renewable energy in the country, the Union railway minister Suresh Prabhu on Thursday proposed a slew of measures in his maiden rail budget to make Indian railway environment friendly through promotion of solar power and taking up energy efficient steps. These measures include setting …

Power sector wants pvt investment to be encouraged in Budget

The power sector is hoping in Budget 2015-16 the government will announce steps to improve the investment environment for private companies. The clean energy sector, which has been set steep targets, is looking for more government funding. In Budget 2014-15, the government had announced several schemes for strengthening the power …

Govt. taking steps towards cleaner environment: Prez Mukherjee

President Pranab Mukherjee on Monday said the Prime Minister Narendra Modi-led government at the Centre has taken several steps for promoting a cleaner environment, adding that environmental clearances have been made more transparent. "My government took several proactive steps for protecting wildlife and for promoting cleaner environment. Stringent emission norms …

Budgeting for disaster: UK's economic priorities must change, says WWF

The 2015 budget must be the first truly green budget if the UK is to transition towards a sustainable low-carbon economy, says a new report from WWF-UK. The environmental charity released a report on Tuesday highlighting five areas of policy action that George Osborne must prioritise in his final budget, …

Centre reaches out to states to pass mining law

Amendment is also proposed to extend the mining leases deemed to be extended from the date of their last renewal to March 31, 2030 The Bharatiya Janata Party (BJP)-led government at the Centre has reached out to states in a bid to pass a legislation by replacing the Mines and …

States’ climate action plans to be approved soon

The Union Environment Ministry will soon approve plans from various States to tackle climate change and an additional Rs.150 crore has been sought in this budget for the National Adaptation Fund. Official sources said of the 31 States and Union Territories that had submitted plans, 23 were approved and the …

Swachh Bharat, Clean Ganga: Tax sops likely for CSR investments

Finance minister Arun Jaitley is likely to provide tax incentives in Budget to encourage companies to participate in Swachh Bharat Abhiyan and Clean Ganga campaign as part of the mandatory 2% CSR spending. “The ministry is working on tax incentives for these two major schemes of the Narendra Modi government …

Budget 2015: Ministry of Environment and forests seeks sops for anti-pollution devices

The ministry of environment, forests and climate change has put tax breaks and fiscal concessions for instruments that measure and help abate pollution at the top of its wish list for the upcoming Union Budget. Tackling air and water pollution tops the green ministry's priorities and it wants the finance …

Denial of public funds: Handloom sector in union budgets

The handloom sector has been continuously denied public funds. An analysis of budgetary allocations since 1997-98 shows that the handloom sector funding has not kept up with costs of production, and inflationary increases during the period.

Upcoming budget to hold roadmap for India's actions on climate

Environment Minister Prakash Javadekar today hoped that the upcoming Budget will give a clear indication as to how India would "walk the talk" on climate issues while negotiating a deal on emission cuts in Paris later this year. Saying that India is already taking actions to address climate change, the …

NHRC panel reviews health policy draft

The rights perspective is missing in the draft of the National Health Policy-2015, said the National Human Rights Commission’s Core Group on Health. It also said that the public health system in the country needs to be made accountable and participatory. The reconstituted core group, which met here recently to …

Obama 2016 budget urges states to cut emissions faster

President Barack Obama's fiscal 2016 budget proposes boosting funding for clean energy by 7 percent and a new $4 billion fund to encourage U.S. states to make faster and deeper cuts to emissions from power plants, officials said Monday. Obama's budget also calls for the permanent extension of the Production …

Rail Budget 2015: Introduction of vacuum toilets likely

Water conservation initiatives such as introduction of environment-friendly vacuum toilets and changes in the design of existing lavatories in trains are some of the proposals likely to be announced in the forthcoming Rail Budget. According to a senior railway ministry official, a concrete plan of action for water management at …

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