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 …

BJP promises piped water to all by 2024 but allocated reduced funds to it

In its manifesto for the 2014 elections, the BJP had promised that the government would "facilitate piped water to all households" The BJP in its manifesto for the general elections has announced that, if elected back to power, it would launch a ‘Jal Jivan Mission’, under which it will introduce …

Angola's national parks could be budgeted - Environment minister

The minister disclosed the information at the end of a visit of the ministerial delegation, which assessed the growth of the ravines that threaten to destroy some social facilities in Luena City. Paula Francisco Coelho underscored that the aim of budgeting the national parks is to boost their development and …

Lack of budget hinders water provision in Ohangwena

The lack of budget in Ohangwena Region is hindering water provision, particularly to the much drought-stricken constituencies that to date have no water pipelines. The eastern part of the Ohangwena Region, which includes Epembe, Omundaungilo, Oshikunde and Okongo, is without potable water. Public Relations Officer at Ohangwena Regional Council Panduleni …

Swedish spring budget outlines spending on climate change, jobs

Sweden’s spring mini-budget on Wednesday contained reforms totaling 4.5 billion crowns ($486 million) and highlighted the center-left coalition government’s focus on climate change. The spring budget is mainly an adjustment to the main budget in the autumn. In 2018, the opposition forced its budget through a hung parliament, a measure …

Australia stops payments to Green Climate Fund

Australia will stop contributions to the UN’s major fund for battling climate change this year, according to government budget papers released on Tuesday. With a federal election looming, the government followed up on prime minister Scott Morrison’s threat not to “tip money into that big climate fund”. Since 2015, Australia …

Rs 100cr Minimum Support Price relief for farmers

New Delhi: Deputy chief minister Manish Sisodia on Tuesday announced an allocation of Rs 100 crore for providing Minimum Support Price (MSP) to farmers as recommended by the Swaminathan Commission. Presenting Delhi government’s annual Budget for 2019-20 in the Delhi Assembly, Mr Sisodia said Delhi is the first state in …

Rs 60,000 crore Budget for Delhi presented in Assembly

The AAP government on Tuesday presented a Rs 60,000 crore Budget for 2019-20 laying emphasis on education, health and transport sectors and said it is “two times more” than the one presented in 2014-15. Presenting the Budget in the Delhi Assembly, deputy chief minister Manish Sisodia said the Budget is …

73% hike in allocation of funds to roads and bridges

In a major fillip to the infrastructure projects in the Capital, the Aam Aadmi Party government has proposed ₹1,900 crore as budget allocation for roads and bridges, a 73% hike from the previous Budget. Presenting the Budget, Deputy Chief Minister Manish Sisodia also announced a sum of ₹308 crore for …

Education remains top priority, gets 26% share of total budget

Education continued to be the top priority for the Delhi government with the sector receiving the highest share of ₹15,601 crore, which is 26% of the total budget allocation for 2019-20. In his budget speech, Deputy Chief Minister Manish Sisodia proposed a host of new schemes and initiatives that included …

Health sector gets ₹7,485 crore as share to boost facilities

The Delhi government on Tuesday allocated ₹7,485 crore for the health sector in its 2019-20 budget with Rs 588 crore being proposed for construction of new hospitals and re-modelling of existing ones. This includes revenue budget of ₹6,462 crore and capital budget of ₹1,023 crore. An amount of ₹3,737 crore …

Budget for transport ‘doubled’, ₹100 crore for e-vehicle policy

The Delhi budget for the upcoming fiscal includes an allocation of ₹100 crore for the implementation of its e-vehicle policy as part of the State Electric Vehicle Fund. Presenting the budget, Deputy Chief Minister Manish Sisodia proposed an outlay of ₹1,807 crore for implementation of various schemes, programmes and projects …

Delhi Budget 2019: Tree mantra — transplant, don’t cut

Making approvals for tree cutting more stringent, Deputy CM Manish Sisodia, in his fifth Budget speech, said that for any project, permission to cut trees will be granted only to 20% of the total pool, while the rest will have to be transplanted. Delhi witnessed massive outrage over a proposal …

Delhi Budget 2019: Once crown jewel, mohalla clinics face allocation cut

The Delhi government has reduced the budget for one of its most popular and ambitious projects, the Aam Aadmi mohalla clinics, by 6.9% in 2019-2020. It has allocated Rs 375 crore for development of mohalla clinics and polyclinics this year, down from Rs 403 crore in 2018-2019. A total of …

Gujarat Budget: Bizmen laud focus on infra, environment

Businessmen in the state have welcomed the Budget, saying that it focuses on infrastructure and environment. Since this is a Vote-On-Account, they hoped that the final Budget will make provisions for a comprehensive policy on retail trade and abolition of Professional Tax in order to improve Ease of Doing Business …

'We need 1 lakh professionals to set up 17.5 lakh solar photovoltaic pumps'

Government stresses on creation of green jobs, but we need a growth plan strategy, say academicians and industry experts In a world where sustainable development and transition to a greener economy is the need of the hour, there seems to be a shortage of skilled workforce in the green sector. …

With sector in trouble, solar players’ hopes singed in Budget

But sops for EV technology have charged the industry up The energy sector’s reactions to the Interim Budget have been a mixed bag, with solar sector players expressing disappointment that nothing concrete was announced for them at a time when the sector is floundering, and energy storage players welcoming the …

Value addition, branding to boost agri sector

Kochi: In a bid to boost agriculture sector, finance minister Thomas Isaac has announced projects worth Rs 2,500 crore in the budget with focus on value-added products from rice, rubber and coconut. He has also announced branding of Wayanad coffee powder under the name ‘Malabar’. He said that this would …

What 2019 Budget can do to help India clean its air, reduce coal addiction

Addressing policy issues are important if India is to fulfill its commitment to the Paris Climate Agreement 2015 to install 175 giga watt (GW) Silhouette of children seen through a layer of dense fog on a cold, winter morning, in New Delhi, Sunday India has one of the world’s largest …

Zimbabwe: Semwa Dam Project Resumes

CONSTRUCTION of the $141 million Semwa Dam across Ruya River, which borders Mt Darwin and Rushinga districts, has resumed after Treasury allocated $20 million for the project in the 2019 Budget. Lands, Agriculture, Water, Climate and Rural Resettlement Minister Perrance Shiri visited the construction site last week. On completion, the …

South Asia economic focus, Fall 2018: budget crunch

South Asia remains the fastest-growing region in the world and its performance has strengthened further. The external environment, while remaining conducive, has become more turbulent. Monetary policy is being adjusted accordingly, but fiscal policy is not equally responsive and fiscal deficits remain large. Despite strong demand from advanced economies and …

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