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 …

Telangana feels 2025 deadline to eradicate TB is unrealistic

HYDERABAD: Eradication of tuberculosis, by all means, appears to be a priority for the Centre which was recently indicated in the Budget presented by Union Finance Minister Arun Jaitley where he has set a deadline of 2025 for achieveing the same. Closer home, officials of Telangana State Revised National Tuberculosis …

Centre starving health sector of funds, says House panel

The Parliamentary standing committee on health has strongly criticised the government for starving the health sector of much-needed funds. In its report on demand for grants for 2017-18, the committee noted that the allocation for the National Health Mission (NHM) fell far short of what was needed to execute the …

Pune: Mula, Mutha rivers get Rs 100 crore for clean-up; activists say too late

The amount is a part of the Rs 990 crore project – Pollution Abatement of River Mula-Mutha As per the Maharashtra State Budget 2017-18, an assistance of Rs 100 crore will be provided from the central government for reducing the pollution level on Mula and Mutha rivers. The amount is …

Zimbabwe: Church Worries Over Slow Pace of Climate Action

THE impacts of climate change in Zimbabwe will run deeper should authorities fail to tie-up the National Climate Policy (NCP) quick enough, a new study by the Zimbabwe Council of Churches (ZCC) has warned. What would otherwise be strong strategies to curb climate damage are yet to be implemented due …

Delhi Budget: Delhi government proposes 20 more air quality stations

Under attack for failing to arrest the deteriorating air quality in the city, the government has proposed an increase in the number of ambient air quality monitoring systems from 6 to 26 to ensure higher coverage. Highlighting the steps taken by his government to make the city greener, deputy chief …

Zimbabwe budgets $140m for maize

HARARE – Zimbabwe, which is recovering from drought and battling a pest outbreak that threatens its maize crop, has budgeted $140-million (R1,8-billion) to buy maize from farmers for its strategic reserve, Agriculture Minister Joseph Made told parliament on Thursday. Harare is holding 250,000 tons of maize in strategic reserves, half …

$1m per constituency to be implemented under Poverty Eradication Project

The Finance Minister, Ken Ofori-Atta, has announced that government will set up an Infrastructure for Poverty Eradication Project to cater for its one million dollar per constituency promise. According to him, the fund will be targeted at improving the livelihood of Ghanaians in rural areas, by providing them with sustainable …

Nigeria: Govt to Issue $20 Billion Bond for Climate Change Soon

The Federal Government will soon issue a $20bn bond to raise funds to tackle the negative effects of climate change, the permanent secretary in the ministry of environment, Bukar Hassan, said yesterday. Bukar, who spoke during the ministry's 2017 budget defence with the House of Representatives committee on climate change, …

UK to host summit seeking extra funds for family planning

Priti Patel sets date for event that was planned before Trump administration reintroduced so-called ‘global gag rule’ Britain will lead efforts to secure extra funding for family planning at an international summit in London, ministers have said, amid concern about Donald Trump’s decision to ban US financial support for organisations …

The ‘universal basic income’ proposal

A watered-down UBI based upon a dismantling of the existing social welfare schemes would be disastrous. (Editorial)

Jaitley's 10% tax on income from carbon credits a mixed bag

The Finance Bill proposes to levy a tax of 10% on income earned on transfer of carbon credits. Such a tax will be levied on the gross income, without allowing for any deductions. According to the explanatory memorandum to the Finance Bill, the income tax (IT) department has been treating …

Budgetary allocation to Environment Ministry up by 19 pc

The Environment Ministry got an increase of nearly 19 per cent in its budgetary allocation for the next fiscal even as environmental bodies said that Union Budget has failed to acknowledge the problem of pollution. The Union Budget proposed an allocation of Rs 2,675.42 crore for the Environment Ministry for …

Experts say Budget has ignored ‘green’ agenda

The Union Budget presented by Finance Minister Arun Jaitley on Wednesday was an opportunity missed when it came to promoting green energy and taxing polluting technologies, environmentalists said. While the Budget 2017-18 did include provisions for setting up of 20,000 megawatt of solar power generation capacity and lowering import duty …

Sops for solar energy a silver lining in the green sector

This budget came as a mixed bag for forest and environment sector. Amid some let-downs, big boost to solar energy became the silver lining. From last year's Rs 850 crore, the budget allocation for environment, forestry and wildlife schemes was increased to Rs 962 crore. "But it is disheartening to …

Maharashtra’s hopes soar on solar power boost

PUNE: Maharashtra is expected to get a few more solar power projects in the 20,000 MW solar power capacity addition proposed in the Union Budget. This capacity addition is for phase two of the Union government's solar power park project. A 150 MW solar power project of the Maharashtra State …

Health budget hiked by 28 pc; 5,000 PG seats to be created

To ensure availability of specialist doctors at the secondary and tertiary levels, the Centre today announced the creation of additional 5,000 post- graduate (PG) seats every year even as it increased the budget allocation for the health sector by almost 28 per cent. The government also announced setting up of …

Union Budget 2017: Big focus is on rural housing, says Mohandas Pai

The Budget is a political one with a focus on farmers, rural area, on the poor, on women, on infrastructure, on digital economy and bringing in good governance. The Budget is a political one with a focus on farmers, rural area, on the poor, on women, on infrastructure, on digital …

Union Budget 2017: Andhra Pradesh sore, capital’s farmers happy

Barring the capital gains tax exemption for the capital area’s farmers, the Budget has not addressed any of the state’s issues. Vijayawada: The Union Budget has disappointed Andhra Pradesh. Barring the capital gains tax exemption for the capital area’s farmers, the Budget has not addressed any of the state’s issues. …

Activists call for hike in allocation for environment, wildlife sector

Nagpur: Last few budgets saw a huge difference between deeds and words of central government when it came to environment and wildlife conservation. But with Modi government talking a lot about it, environmentalists hope that the centre will make amends and increase allocation for the ministry of environment, forests and …

Highlights of Union Budget 2017-18

The Budget broadly focussed on 10 themes. The 2017 Union Budget, presented by Finance Minister Arun Jaitley on Wednesday, was broadly focused on 10 themes — the farming sector, the rural population, the youth, the poor and underprivileged health care, infrastructure, the financial sector for stronger institutions, speedy accountability, public …

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