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 …
Rattled by soaring food prices and falling farm productivity, the FM has announced a slew of measures to boost the farm sector and vowed to deepen the process of attracting more private investment in agriculture and agro-processing. He announced an increase in bank lending for farm sector as well as …
The budget comes in the backdrop of an emerging global food crisis, caused partly by extreme weather events in some major food producing countries including China, and partly by escalating petroleum price arising from the battle for democracy in the Middle East. It also comes in the wake of continuing …
NEW DELHI: There is no provision for the proposed National Food Security Bill in the budget proposals for 2011-12. The Bill will necessarily enhance the food subsidy as wheat and rice are to be made available at Rs.2 and Rs.3 a kg to the beneficiaries, but the budget does not …
Rs. 200 crore each allocated to Green India Mission and environmental remediation programmes The cess slapped on coal in last year's budget will help pay for schemes to protect and regenerate forests and clean up polluted sites announced in this year's Budget. Finance Minister Pranab Mukherjee has allocated Rs. 200 …
With the Central government set to present the Union Budget on Monday, Haryana has high expectations from it. Former finance minister Sampat Singh said the state was expecting an increase in the national infrastructure and social infrastructure budget. Haryana is expecting an increase in the National Capital Region (NCR) budget, …
With high inflation, especially food prices much beyond comfortable levels, the Budget is likely to provide sops to the farm sector including reduction in interest rate to 4% for timely re-payments and boosting investments in agri-infrastructure. At present, farmers get credit at a rate of 7%. However, those who clear …
As you read this article, the finance minister would be about to release the Union Budget 2011. The press is busy reflecting the views of business and industry lobbies, as they quibble over duty exemptions, insist on financial stimulus and other incentives, and cry for big-ticket reform
THE government should offer assured income to farmers and shield them from erratic weather conditions. These are a few of the demands of farmers’ groups from the Union Budget 2011-12, which will be tabled in February-end. To address the declining growth in agriculture, the government should allocate more funds for …
In a push to acquire a pro-farmer image for his government, Chief Minister B S Yeddyurappa on Thursday proposed to slash the interest rate on crop loan up to Rs 3 lakh from 3 to one per cent and offered to replace farmers' pumpsets at public cost in a phased …
FINANCE Minister Raghavji presented Rs 65,845-crore Budget in the MadhyaPradeshAssembly on Thursday, saying that for the first time more than half of that amount will be spent on the poor. The Budget for 20112012, Raghavji's eighth exercisesincetheBJPcameto powerin2003,isanincrease of 28 per cent over the last Budget of 2010-11. He said …
THE B S Ye ddyurappa government rolled out a whole new slew of populist schemes in its 2011-12 revenue surplus Budget on Thursday, targeting an increase in the number of
The Chief Minister Shivraj Singh Chouhan has said that Madhya Pradesh has maximum number of pro-poor schemes. The state is spending fifty percent of its budget for poverty alleviation. A provision of Rs. 15 crore has been made for organizing Antyodaya Melas so that the poor families get benefits at …
The Karnataka government on Thursday has put agriculture on top priority and increased allocation by more than half to Rs 17,857 crore in a bid to revive the sector. Calling it a first-of-its-kind
Chief Minister B S Yeddyurappa is busy making preparations for the State Budget for the year 2011-12 to be presented on February 24. But, ` 100 crore announced in the State Budget 2010-11 and ` 10 crore towards setting up of a turmeric market and processing unit in the district, …
PATNA: With the Bihar legislature's budget session beginning on Tuesday, checking corruption and procuring power, along with increased spending on education, agriculture and health care are the prime focus of the State budget to be presented by Deputy Chief Minister Sushil Kumar Modi on February 25. In his inaugural address …
While the central government is expected to comfortably improve on its fiscal deficit target of 5.5 per cent of gross domestic product (GDP) during 2010-11 due to higher proceeds from the sale of spectrum as well as higher expected GDP numbers, the World Bank has its own doubts. After all, …
The Annual Plan for Manipur for the year 2011-12 was fixed at Rs.3,210 crore in a meeting between Deputy Chairman of the Planning Commission, Montek Singh Ahluwalia and Chief Minister of Manipur, Okram Ibobi Singh. In his comments on the performance of the State, the Deputy Chairman of the Planning …
With an aim to make Metro connectivity in Chennai and Bangalore a reality while expanding the network in the National Capital Region, the Central government is likely to make major allocations for Metro rail projects in Budget 2011-12. Finance minister Pranab Mukherjee is likely to allocate Rs 6,000 crore as …
