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 …

CII lauds Goa proposals on contract farming

Welcoming the Government's move to provide small industrial plots to the SME sector, the CII said it would alleviate the problems of a small entrepreneur. Prakash Kamat Panaji, March 31 Warning that food security and climate change would emerge as the key drivers for the quality of life in the …

BMC hikes water cess to Rs 180 per month

Water cess in the State capital has been increased from the existing Rs 60 to Rs 180 per month. The proposal in this regard was passed in the general council meet of the Bhopal Municipal Corporation (BMC) held here on Tuesday. Presenting a deficit Budget of Rs 51.58 crore, the …

Seductive sophistry

IN recent years, the Economic Survey, tabled in Parliament during the Budget session before the presentation of the Union Budget, has come to be viewed as a foreteller of the government

Less for the poor

The UPA government seems to have grown complacent about its budgetary allocations for the social sectors. WITH clear indications of the economy reviving fast, the Union government should have taken an expansionary fiscal stance not only to accelerate growth but also to finance adequately the interventions that promote social sector …

Fiscal roadblock

The recommendations of the 13th Finance Commission shrink even the space already available for States to decide spending priorities. Pranab Mukherjee with Asim Dasgupta, Chairman of the Empowered Committee of State Finance Ministers on VAT, and other State Ministers for Finance releasing the first Discussion Paper on Goods and Services …

Danger of inflation

Government inaction on food-price inflation amounts to an implicit declaration that it is inevitable and has little to do with policy. WELL before Budget 2010-11 was presented, inflation had emerged as the principal economic problem in the country. With food-price inflation running at close to 20 per cent, even the …

The march of neoliberalism

Union Budget 2010-11 has given a forward thrust to the neoliberal agenda in all the crucial sectors where "reforms" had been stalled. Finance Minister Pranab Mukherjee addressing the media after the Economic Survey 2009-10 was tabled in Parliament on February 25. THE strategy underlying Budget 2010-11 is eerily reminiscent of …

Maharashtra govt may not be able to meet 2012 power target

Mumbai: The government has been claiming a load-shedding free Maharashtra by 2012, but the provision in the budget indicates otherwise. Three of its major power generation plants, with consolidated generation of more than 4,000mw, are expected to be commissioned not before 2014-15, the budget document states. The government expects 1,200mw …

Not enough in Union Budget: Swaminathan

Bangalore:Eminent agricultural scientist M.S. Swaminathan termed the Union Budget for 20010-11

Montek calls for fixing social, farm & infra policies

Plan Panel Says Subsidies Should Be Capped At Current Budget Levels To Curb Leakage THE Planning Commission has suggested course correction in various policy measures related to social, agriculture and infrastructure sectors to put the economy back on high growth trajectory, while lowering the growth target for the five years …

West Bengal Budget focuses on minority welfare, job creation

Indrani Dutta KOLKATA: Presenting the 2010-11 Budget in the State Assembly on Monday, West Bengal Finance Minister Asim Kumar Dasgupta unveiled a financial statement that laid priority on minority affairs and madrasa education, backward classes' and women's development and emphasis on job creation. He said that on the lines of …

Transport gets lions share

With Rs 4224Cr Allocation, Govt Hints Transport Top Priority Team TOI New Delhi: Improving the public transport system in Delhi continues to be high on the priority list of Delhi government as it allocated Rs 4224 crore, about 38% of the total Plan outlay, to the transport sector. Though no …

Eye on 2011 in Buddha 10 Budget

With the municipal polls coming up in a few months and the Assembly elections slotted for next year, the Left Front government in West Bengal led by Buddhadeb Bhattacharjee on Monday hoped to recover lost grounds by presenting a Budget that promises more jobs, puts emphasis on agriculture rather than …

Diesel, LPG, CNG to cost more in Delhi

VAT Raised By 5-12.5 Percentage Points On Several Items; Highest Allocation To Transport Sector THE Delhi government on Monday raised tax rates on a number of items to generate additional revenues to meet the expenditure on the Commonwealth Games, a move that could upset many a household budget in the …

CAG report slams state: reveals defective budgeting, improper planning

Chandigarh: Defective budgeting, improper planning, slow implementation of schemes, faulty execution of works - the report of the Controller and Auditor-General of India on Haryana, presented to the Haryana Legislative Assembly, found this and much more. It also brought to light, inter alia, deficiencies in systems and procedures, excess payments, …

Budget for NPR okayed

With a tentative deadline of completing the exercise by September this year, the government has decided to create a National Population Register (NPR) of the entire population beginning this April. This will be the first such endeavour in the world to enumerate 1.2 billion people with their biometric details. The …

MMC surplus budget pegged at Rs 4.46 cr

The Standing Committee of the Margao Municipal Council on Thursday approved a surplus budget pegged at Rs 4.46 crore, even as the budget estimates for the first time has proposed to levy a fee of Rs 1 per day on every household for door-to-door collection of garbage. At the meeting …

Long road ahead for Food Security Bill

While Finance Minister Pranab Mukherjee signalled government intention to come out with a national food security Bill soon during his Budget speech, the action plan that has been worked out suggests that the legislation will not make it to Parliament for at least another year. By the time the Bill …

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