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 …

Rs 75-cr mark-up for health

MUMBAI: The BMC has increased the budget estimate for capital expenditure for 2011-12 to Rs 495 crore from the outgoing fiscal year's Rs 420 crore. The total budgetary estimate (which includes revenue expenditure) has been increased to Rs 2,167 crore from Rs 1,891 crore for 2010-11. Among the major allocations …

Civic body takes green initiative worth Rs 138 cr

MUMBAI: The municipal budget has made an allocation of Rs138 crore for shoring up the environment. The amount, which is the budget of the tree authority, will be poured into green cover, gardens and playgrounds, the zoo, and beaches. The amount has been divided thus: Rs 24.5 crore for the …

Expectations from new Budget: more funds a must for farm sector

In the next Budget Finance Minister Pranab Mukherjee will have to strive hard to reduce fiscal deficit because a big fiscal deficit gives wrong signals to investors. The current year’s Central and state combined fiscal deficit stands at 8.5 per cent. If it is not shrunk it will ring alarm …

Mamatas alternative model to land acquisition

KOLKATA, 4 FEB: Criticising railway minister Miss Mamata Banerjee, CPI-M Politburo member Mr Sitaram Yechury said: “Miss Banerjee is the first railway minister who has brought the ministry to such a sorry state of affairs. She is announcing railway projects without any clearance from the Planning Commission or any budgetary …

Centre creates rail development fund for NE

NEW DELHI, Feb 4 – A major hurdle in financing of mega rail projects in the NE has been cleared, with the Cabinet Committee on Infrastructure (CCI) sanctioning creation of a non-lapsable North East Region Rail Development Fund (NERRDF) to ensure adequate and timely funding of ongoing national projects. The …

Rs 1,000-cr plan for concrete roads

Though the Municipal Corporation of Delhi (MCD) has announced an ambitious Rs 1, 000-crore plan for concretisation of city’s roads for longevity, the records show that the agency has utilised only Rs 20 lakh till September 2010 in the last financial year, however, the total budget allocation was Rs 95 …

Union budget 2011-2012

The Budget documents presented to Parliament comprise, besides the Finance Minister's Budget Speech, of the following: A. Annual Financial Statement (AFS); B. Demand for Grants (DG); C. Appropriation Bill; D. Finance Bill; E. Memorandum Explaining the Provisions in the Finance Bill, 2011; F. Macro-economic framework for the relevant financial year; …

Breaking out of the input trap

The recently released Annual Survey of Education Report serves as an important reminder of India

Separate agri budget soon

Karnataka is likely to be the first state in the country to have an exclusive budget for agriculture with a corpus fund of Rs 5,000 crore per year. Agriculture Minister Umesh Katti said here on Wednesday that discussions with the chief minister were on to present a separate agriculture budget.

UT prepares draft of 2011-12 Annual Plan

The UT Administration has made projections amounting to Rs 912.12 crore for the Annual Plan 2011-12. This includes Rs 663.42 crore under normal State Plan scheme and Rs 248.70 crore under Jawaharlal Nehru Urban Renewal Mission. The draft plan proposals for the annual plan were discussed in a meeting held …

Economists ask Pranab to focus on agri

With inflation topping the government agenda, economists have told Finance Minister Pranab Mukherjee to focus on policies to boost agricultural productivity in the upcoming Budget for 2011-12. Pranab Mukherjee

FM to kick off first pre-Budget meeting with agriculturists

Formally kicking off the annual Budget making exercise, finance minister Pranab Mukherjee will hold pre-Budget discussions with agriculturists on Friday. This will be the first in a series of meetings that the minister will hold with sectoral experts and industry captains over the next three weeks to get inputs and …

Reform in the countryside: the agriculture sector and rural economy should be the centrepiece of Budget 2011-12

Reform In The Countryside: The agriculture sector and rural economy should be the centrepiece of Budget 2011-12 Union finance minister Pranab Mukherjee will soon begin confabulations with industry leaders and sectoral experts on the formulation of Budget 2011-12. Like Manmohan Singh and P Chidambaram in the past, will he deliver …

Government financing of health in India

India is a welfare state in which the government has a responsibility to ensure than citizens have access to healthcare. We are also a federal state, with multiple levels of government, each with its own responsibility. The sixth item in the Constitution of India vests responsibility for 'Public Health and …

Civic officials water down water budget in Pune

The group leader of the Bharatiya Janata Party (BJP) in the Pune Municipal Corporation (PMC), Mukta Tilak, on Thursday said there was little utilisation of the budgetary provision for the water supply projects undertaken by the civic body. No project would be completed by the end of the financial year. …

Planning Commission seeks inputs from NGOs, social groups for 12th Plan

Sandeep Joshi This is the first time that the Planning Commission has sought engagement of the civil society NGOs have given suggestions for previous Five Year Plans Consultations on various topics planned NEW DELHI: The Planning Commission is involving leading non-governmental organisations and civic society, seeking their inputs, suggestions and …

Tk 25,000cr health sector programme

All is set to continue the health, population and nutrition sector programme for the third consecutive time involving estimated Tk 25,000 crore as the second programme ends next June, health ministry officials said Wednesday. The first five-year Health and Population Sector Programme ran between 1998 and 2003 involving nearly Tk …

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