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 …
Rs 3,500-Cr Support Package Likely To Be Announced Independent Of The Budget THE government is readying a package of concessions worth around Rs 3,500 crore for the plantation sector as it looks to lift it out of a morass of rising input costs, a high debt burden and falling productivity …
Chief Minister Tarun Gogoi, who is also holding the Finance portfolio, today presented the Budget for the 2009-10 fiscal with a closing deficit of Rs 4615.11 crore. However, the Budget presented by Gogoi has proposed a number of sops for the industrial sector, particularly for the small scale and medium …
IN ORDER to increase lending to the primary sector and to boost rural sector demand against the background of uncertain monsoons and consequent apprehensions over flagging economic growth, the Centre is under pressure to increase interest subvention on short-term crop loans to farmers in the coming Budget from the current …
New Delhi: With only a few days to go for the Budget session of the Lok Sabha to begin, parliamentary affairs minister Pawan Kumar Bansal is scheduled to meet top officials of government departments and ministries on Thursday to draw up a list of bills to be introduced in the …
The Centre is unlikely to offer further funding to States on the Accelerated Irrigation Benefits Programme (AIBP) unless the State authorities briefed the Union Water Resource Ministry on the progress so far on the scheme. A meeting will be held at the Indian Council of Agricultural Research building here on …
It would take eight more years before Yamuna can be cleaned, declared Chief Minister Sheila Dikshit on the floor of the House of Delhi Assembly during the Budget session on Tuesday. The Chief Minister said there is no magic wand to clean Yamuna by 2010 Commonwealth Games.
Work on infrastructure projects in the North-east is all set to gather momentum, with Ministry DoNER firming up a road map for finalisation of projects and preparation of Detailed Project Reports (DPRs), within the first 100 days of the UPA Government. The projects covering all eight North Eastern States (NES) …
New Delhi: The state government may have shied away from any tough measures in the budget but finance and DJB officials say a hike in water tariff is inevitable by year end to plug DJB
In the wake of the deteriorating condition of tourism in the country, the Punjab government has increased the budget allocation for the Tourism Department to Rs 163 million for 11 new schemes during the financial year 2009-2010. The allocation for the previous year 2008-09 was Rs 100 million. The hike …
With a large number of road development projects facing a resource crunch as well as cost overrun and delay in completion in many cases, the Road Transport and Highways Ministry is seeking to double its budgetary allocation for smooth functioning. At the Transport Bhawan, Road Transport and Highways Minister Kamal …
The government on Thursday withdrew the decision of levying carbon surcharge on Compressed Natural Gas (CNG) by deleting the word "carbon" from the head of the levy. Now "surcharge" will be used for taxing petroleum products from the next financial year ie 2009-10 after severe drubbing from different quarters. Prime …
Federal Minister for Water and Power, Raja Pervez Ashraf said that the allocation of more than Rs 100 billion in the budget 2009-10 for ongoing and new projects was a good sign for future of the country especially for ensuring provision of electricity to all. Talking of ongoing projects being …
The All Pakistan CNG Association estimates an increase of Rs8 to Rs9 per kilogram in the price of CNG following the imposition of carbon surcharge as announced by the government in the federal budget for 2009-2010 on Saturday. Commenting on the government
The government has allocated a mere Rs 1.5 billion for the Drought Recovery Assistance Programme (DRAP) and the Drought Emergency Relief Assistance (DERA) in the 2009-10 budget. The allocation is minor compared to the requirements, and would badly affect the development of the DRAP/DERA-II programme in the affected areas of …