Tag: Budget 2019 20

Bhubaneswar: Odisha Finance Minister Niranjan Pujari will present the full-fledged budget for 2019-20 in the State Assembly tomorrow. The council of ministers headed by Odisha CM Naveen Patnaik had earlier approved the draft budget allocation for around Rs 1.39 lakh crore. All eyes are now on the upcoming budget and the focus areas of Odisha […]

Bhubaneswar: Odisha Finance Minister Niranjan Pujari on Friday presented the 2019-20 State budget of Rs 1.39 lakh crore, with special focus on agriculture – the allocation for which has increased to Rs 20,714 crore. The total administrative expenditure has been projected at Rs 57,310 crore including Rs 25,500 crore for salaries, Rs 13,300 crore for […]

New Delhi: A mini-stimulus to take the economy out of five-year low alongside giving some tax relief to common man may be on the cards, as Finance Minister Nirmala Sitharaman does a tightrope walk balancing the needs of the economy and fiscal constraints in her maiden Budget. The Budget to be presented on Friday is […]

New Delhi: With an aim to reduce imports along with spurring domestic production, Finance Minister Nirmala Sitharaman has proposed to raise custom duty on over 70 items in the full Budget 2019-20. Traditionally, the governments adjust custom duties to protect domestic industry and sometimes to allow cheaper raw material imports to spur manufacturing sector. In […]

New Delhi: Finance Minister Nirmala Sitharaman Friday said the big picture presented in the Budget is backed with a plan to increase investment without compromising on the fiscal consolidation roadmap. Replying after a general discussion on the Union Budget 2019-20 in the Rajya Sabha, the minister said, “Comprehensive steps” have been envisaged for the next […]

New Delhi: Finance Minister Nirmala Sitharaman has said the government would be moving forward on the merger of the three state-run general insurance companies as announced in the previous Budget. “This was a Budget announcement and I will be moving forward on that”, she said in a media interaction about a query on the status […]

Bhubaneswar: Finance Minister Sitharaman’s budget will bring sunshine for the farmers in Odisha. The major announcement that the PM KUSUM (Kisan Urja Suraksha evam Utthaan Mahabhiyan ) Yojana will cover an additional 15 lakh farmers for grid connected solar pump will prove a milestone in doubling the income of the farmers in the State. As […]