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 …
The BJP-led NDA government today paid back the North Eastern States with a slew of attractive proposals for sending the highest number of nine MPs, with Union Finance Minister Arun Jaitley announcing allocation of over Rs 53,000 crore for the region out of the 10 per cent mandatory budgetary allocation …
Tax breaks and duty benefits for fresh capacity creation The Budget has focused on two key areas of power reforms - revival of the distribution sector and clean-energy generation - inspired from the Gujarat model. The reforms include tax breaks and duty benefits for fresh capacity creation. Finance Minister Arun …
Mr Jaitley has fallen into the old trap of financing meaningless cleaning initiatives Listening to Finance Minister Arun Jaitley, Union Budget 2014 seemed to be a little bit of everything and lots of nothing. It is also difficult to pass a verdict on a government that has had barely 45 …
Investors looking to a bull run following finance minister Arun Jaitley’s maiden Budget were a confused lot, with the Budget scoring as many hits as misses. Eventually, after an exceptionally volatile intra-day trading that saw the Sensex move more than 800 points, the benchmark lost 72 points. If hiking FDI …
GMOEA looks at this opportunity as a solution to the controversial issue of deemed leases PANJIM: The Union government’s announcement that it would amend the Mines and Minerals Development and Regulation (MMDR) Act 1957, has come as a ray of hope for the iron ore mining industry in Goa. The …
Ms. Sunita Narain, Director General, CSE Many nice words, some money, but no direction for real change Lets look at the big budget announcements for sustainability and what they mean. 1. Enhanced clean energy cess on coal, increased from Rs 50 to Rs 100 per tonne. But the finance minister …
PM Narendra Modi's new government on Thursday unveiled a Budget it said can revive growth after the longest slowdown in a quarter of a century even while curbing borrowing. Narendra Modi's government, in office for less than two months, said it would raise caps on foreign investment in the defence …
Price stabilisation fund to tackle inflation In a bid to boost farm production and cut post-harvest losses, Finance Minister Arun Jaitley today announced a slew of measures which included concessional loans to landless growers, a new national scheme to promote irrigation, a separate television channel for farmers. Delivering his maiden …
This is the first administrative decision by NDA govt after it projected the cleaning of the Ganges as a priority The division overseeing the cleaning of rivers under the ministry of environment and forests will soon be shifted to the river development and Ganga rejuvenation department, water resources ministry, headed …
With the highest number of farmer suicides in 2013, Maharashtra continues to paint a dismal picture on the agrarian front. According to a recent report of the National Crime Records Bureau (NCRB), 3,146 farmers killed themselves in the State in 2013. This despite the State registering 640 less farm suicides …
The CPM today termed the first Rail Budget of the NDA government as a cosmetic exercise, high on rhetoric and low in substance and stated that it had belied the expectations of the people of the state which was in dire need for rail infrastructure expansion. The emphasis had been …
Dhaka North City Corporation (DNCC) yesterday unveiled a Tk 2,041.87 crore budget for the 2014-2015 fiscal year, keeping a plan for the construction of the 9.5km elevated bus rapid transit (BRT) and expressway from Gabtali to Azimpur in the capital but without proposing any allocation. A firm, Maisha Construction, has …
List of budgets during NDA regime, 1998-2004: 1. Union Budget 2004-2005 (Interim) 2. Union Budget 2003-2004 3. Union Budget 2002-2003 4. Union Budget 2001-2002 5. Union Budget 2000-2001 6. Union Budget 1999-2000 7. Union Budget 1998-1999
In a major push to the clean energy sector and energy management by the Indian railways, one of the country’s largest power consumers, government is looking up to the sun now. “It is proposed to harness solar energy by utilizing roof top spaces of railway stations, other railway buildings and …
Mumbai-Ahmedabad gets first bullet train; govt to launch diamond quadrilateral of high speed trains Railway minister Sadananda Gowda in his maiden rail budget today said the bulk of future railway projects will be financed through public-private partnerships besides announcing bullet trains and a diamond-quadilateral network. Here are the top 10 …
Grantham Institute study says climate legislation has not harmed UK businesses, reports BusinessGreen. The UK's climate change policies have not damaged business competitiveness, leading economists will say today. A new report by Samuela Bassi and Dimitri Zenghelis of the Grantham Research Institute will argue that climate change policies have not …
