Bhubaneswar: Amidst falling revenue, the Odisha government’s focus will be on increasing revenue generation in the upcoming 2018 annual State Budget. At the pre-budget meeting of the Finance department with former finance ministers, representatives from industries, economists investors, RBI and Nabard officials, emphasis was laid on the areas through which revenue collection can be increased […]
Bhubaneswar: The Finance department of Odisha will hold discussions with economists, former finance ministers, industrialists and investors ahead of the 2017-18 annual budget tomorrow. According to sources, the 2018 budget size is likely to be around Rs 1 lakh crore. With the State government implementing the recommendations of the 7th Pay Commission, the exchequer will […]
Bhubaneswar: The annual budget for 2016-17 will be tabled by Finance minister Pradeep Kumar Amat in the Assembly today. Despite lower revenue generation, the state government will present a bigger budget which is likely to be in the region of Rs 95,000 crore. On Friday, the Odisha Council of Ministers had approved the draft budget […]
Bhubaneswar: The budget session of Odisha Assembly will begin today. As per the earlier notification, the budget session will be held in two phases and will continue till May 20. There will be 33 working days in the session. The first phase will end on March 31 while the second phase will begin from April […]
Bhubaneswar: Kendrapara MP Baijayant Panda on Monday expressed happiness over Finance minister Arun Jaitley’s announcement regarding the Centre’s thrust on the shipping sector, waterways and port-led economic development through project Sagarmala. “We are planning to develop new greenfield ports both in the eastern and western coasts of the country. The work on the National Waterways […]
Finance minister Pradeep Kumar Amat will present the budget for the financial year 2016-17 on March 18. A notification to this effect was issued on Friday
Bhubaneswar: Prior to the budget announcement, the Steel and Mines department, which failed to hit the target in revenue collection for last three years, has become a cause of concern of the State government. Similar situation is also prevailed this year as the department collected Rs 869 crore by the end of December, 2015 against […]
Bhubaneswar: The Odisha government is likely to make provision for higher allocation for the special agriculture budget this year. This was discussed at a high level review meeting presided over by chief secretary AP Padhi at the State Secretariat here on Monday. Taking note of the severe drought in the state this year, the state […]
Bhubaneswar: The House Committee on Railways of Odisha Assembly on Tuesday unanimously decided to urge the Union Railway minister Suresh Prabhu to expedite construction work of ongoing railway projects which are pending due to various reasons. The Committee is scheduled to meet Prabhu in New Delhi today and submit a memorandum asking for an allocation […]
The state government would convene a pre-budget consultation meeting on January 27 as preparation for a complete State Budget in the Assembly, which will be presented on February 16
Lucknow:The Bharatiya Janata Party (BJP)-led government on Wednesday presented a Rs 8,054.49-crore second supplementary budget in the state Assembly, of which Rs 3,000 crore has been earmarked for the “Swachh Bharat” project. Besides, the Yogi Adityanath government has set aside Rs 100 crore for the forthcoming Kumbh Mela, which will take place in Allahabad in […]
Chennai: The trailer of superstar Rajinikanth’s forthcoming multilingual science-fiction action drama “2.0” was unveiled on Saturday at a grand event here. A sequel to Shankar’s 2010 blockbuster “Enthiran”, the film has been produced by Lyca Productions and is gearing for release on November 29. “2.0” also stars Akshay Kumar, Amy Jackson, Adil Hussain and Sudhanshu […]
Mumbai: Superstar Aamir Khan says he takes a higher cut in films’ profits because he risks his time on projects. But he does so only after the cost of each film is recovered in every aspect. The actor-producer gave out the information on the inaugural day of the fifth Indian Screenwriters Conference here on Wednesday. […]
New Delhi: In a rebuttal of the criticism of Budget 2018-19 pandering to the farm sector in a pre-election year at the expense of the middle class and the corporate sector, Finance Minister Arun Jaitley on Friday showed how his latest budget exercise is actually designed to boost overall economic growth with the help of […]
New Delhi: Finance Minister Arun Jaitley on Thursday proposed to hike the divestment target for 2018-19 by over 10 per cent to Rs 80,000 crore. “2017-18 Budget Estimates for disinvestment were pegged at the highest ever level of Rs 72,500 crore. I am happy to inform the house that we have already exceeded the budget […]
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