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 …
Taiwan's cabinet approved a special T$100 billion ($2.9 billion) budget on Thursday for typhoon reconstruction after the worst storm in 50 years killed about 500 people and left destruction across the island's south. The cabinet passed the three-year reconstruction budget to cover rebuilding damaged areas, where farm and factory-related losses …
Sri Lanka parliament today approved a supplementary budget of Rs. 2.4 billion for several electricity projects and the constructions of the Norochcholai Coal Power Plant. Most of the funds of this supplementary budget will be allocated for the electricity projects to be implemented in Sri Lanka's North under the "Uthuru …
Interview with Jean Dreze, development economist. JEAN DREZE is an Indian development economist and a former member of the National Developmental Council. He is a member of the support group of the Right to Food campaign, an informal network of organisations and individuals committed to the realisation of the right …
In a disclosure that can put the States on the back foot, the Outcome Budget of Rural Development Ministry shows that States did not spend a whopping Rs 18,000 crore out of their total allocation of Rs 56,854 crore in the last fiscal. The un-utilisation of almost one third of …
MUMBAI: Here is some good news for citizens reeling under the city's acute water shortage. The central government last week cleared the remaining Rs 94.16 crore needed for three important civic projects under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM), among them two water tunnels from Malabar Hill to …
The world can learn from a British plan for "carbon budgets" to fight climate change even though London often promises more than it delivers, a senior government adviser said. Jonathon Porritt, who steps down as chairman of the Sustainable Development Commission on Monday, gave the Labour government a mixed report …
BHUBANESWAR: Parliamentary Affairs Minister Raghunath Mohanty today said that the State Government had decided to construct more reservoirs to tackle flood, drought and create irrigation facility. To a question from Pratap Sarangi (Ind), the Minister said that till now construction of eight large and 38 medium reservoirs had been completed. …
The budget is good but not as reformist as expected. Instead, it's welfare-oriented. The thanksgiving through rural employment, which if it reaches the bottom population, would be a big boost. We were expecting much more investment in irrigation as there are 400 projects waiting to be completed. I wonder what …
View From The North Balwinder Singh of Sakho Majra in Ropar district is frustrated with our policymakers. Ordinarily, a small farmer like him with six acres of land should have been happy with the budget's promise of more funds for rural infrastructure and agricultural credit, as well as plans to …
Are reforms really on hold or was it just 'poor packaging'? Has the era of 'big policy in a suitcase' ended? Are we back to the '80s? Pranab Mukherjee's 'holding budget' leaves its flanks open. Precept And Practice: UPA Reforms Agenda What was announced in Budget
AUTOMOBILES Many expectations of the automobile sector have been belied in this budget. It is hoped that there are further positive and growth-oriented measures coming up to enable the industry rise to global challenges. Provisions: Direct tax deduction for in-house research.C Specific component of excise duty on large cars/utility vehicles …
Vinayak Chatterjee / New Delhi July 20, 2009, 0:10 IST A series of key interventions are required if the infrastructure market is to take off. The finance minister made two remarks at the start of the Union Budget address on July 6, 2009. First, that one budget cannot solve all …
The 2009 Budget is a politically powered effort to counter the effects of the global slowdown. Higher allocations across schemes for rural India are expected to trigger demand at the bottom of the pyramid and drag the economy out of the trough. The idea, though, is a big gamble. Already …
Opposition members today made a strong plea to go for micro hydel projects instead of the mega ones, to meet the power demand of the State and the NE region as well. Raising the issue during the debate on the demand for a grant of Rs 47,426.96 lakh of the …
Farmers need greater access to credit and risk-hedging tools Surinder Sud / New Delhi July 14, 2009, 0:58 IST Farmers won't invest unless they earn more - and that requires greater access to credit and risk-hedging tools. The Economic Survey 2008-09 points out that the agriculture sector, which clocked an …
Making cities slum-free is well-worn rhetoric lacking credibility. When Finance Minister Pranab Mukherjee promised, in his recent budget speech, that India would become slum-free in five years, there was little enthusiasm. The allocation of Rs.3,973 crore has failed to provide real hope. Slum clearance schemes, as they were previously known, …
